Coinbase Global (COIN) Interest Coverage Ratio (2021 - 2026)
Coinbase Global's (COIN) Interest Coverage Ratio was -5.04 for Q2 2026, compared with -1.20 a year earlier.
Coinbase Global (COIN) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Coinbase Global's Interest Coverage Ratio came in at 6.92, down 69.8% year-over-year; for FY2025, it was 16.81, down 41.3% from FY2024.
- By year, Interest Coverage Ratio came in at 28.61 in FY2024, -1.95 in FY2023, -30.49 in FY2022 and 105.51 in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Interest Coverage Ratio since Q1 2023.
- Year over year, Interest Coverage Ratio gained in two of the last four quarters, with growth averaging 198.4%.
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.95 (Q1 2026), 12.12 (Q4 2025) and 22.07 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.23 Bn | 8.45 Bn | - | - |
| 2 | Block | 46.85 Bn | 18.15 Bn | 3.17 Bn | - |
| 3 | Coinbase Global | 46.71 Bn | 3.52 Bn | - | -5.04 |
| 4 | Corpay | 26.70 Bn | 16.59 Bn | - | 4.12 |
| 5 | Fiserv | 25.72 Bn | 22.40 Bn | 2.90 Bn | 2.70 |
| 6 | Global Payments | 22.62 Bn | 412.61 Mn | 2.03 Bn | 1.21 |
| 7 | Guidewire Software | 15.37 Bn | 11.94 Bn | 269.68 Mn | 18.55 |
| 8 | Bitmine Immersion Technologies | 13.22 Bn | 10.60 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.55 Bn | 7.34 Bn | 594.87 Mn | - |
| 10 | Jack Henry & Associates | 11.04 Bn | 10.94 Bn | 273.85 Mn | 68.90 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.04 |
| Mar 31, 2026 | -0.95 |
| Dec 31, 2025 | 12.12 |
| Sep 30, 2025 | 22.07 |
| Jun 30, 2025 | -1.20 |
| Mar 31, 2025 | 34.41 |
| Dec 31, 2024 | 50.35 |
| Sep 30, 2024 | 8.26 |
| Jun 30, 2024 | 16.73 |
| Mar 31, 2024 | 39.88 |
| Dec 31, 2023 | 6.17 |
| Sep 30, 2023 | -3.83 |
| Jun 30, 2023 | -3.39 |
| Mar 31, 2023 | -5.75 |
| Dec 31, 2022 | -25.69 |
| Sep 30, 2022 | -25.87 |
| Jun 30, 2022 | -44.15 |
| Mar 31, 2022 | -25.05 |
| Dec 31, 2021 | 43.02 |
| Sep 30, 2021 | 41.85 |
Coinbase Global Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=COIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();