Coinbase Global (COIN) Interest Coverage Ratio (2021 - 2026)
Coinbase Global's (COIN) Interest Coverage Ratio was 3.16 for Q3 2026, down 85.7% from 22.07 a year earlier.
Coinbase Global (COIN) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Coinbase Global's Interest Coverage Ratio came in at 2.30, down 91.3% 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.
- Five-year quarterly Interest Coverage Ratio spans a low of -44.15 in Q2 2022 and a high of 50.35 in Q4 2024.
- Year over year, Interest Coverage Ratio gained in two of the last five quarters, with growth averaging 141.6%.
- Per Business Quant data, the three quarters before Q3 2026 came in at -5.04 (Q2 2026), -0.95 (Q1 2026) and 12.12 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 52.19 Bn | 23.96 Bn | 3.24 Bn | - |
| 2 | PayPal Holdings | 50.03 Bn | 8.73 Bn | - | - |
| 3 | Coinbase Global | 35.13 Bn | -4.52 Bn | - | 3.16 |
| 4 | Fiserv | 33.23 Bn | 30.43 Bn | 2.76 Bn | -15.97 |
| 5 | Corpay | 29.63 Bn | 18.45 Bn | - | 5.71 |
| 6 | Global Payments | 26.81 Bn | 1.63 Bn | 2.01 Bn | 0.89 |
| 7 | Guidewire Software | 13.13 Bn | 9.70 Bn | 269.68 Mn | 18.55 |
| 8 | Chime Financial | 12.34 Bn | 8.03 Bn | 646.07 Mn | - |
| 9 | Jack Henry & Associates | 12.26 Bn | 12.16 Bn | 273.85 Mn | 68.90 |
| 10 | Bitmine Immersion Technologies | 10.03 Bn | 7.41 Bn | 40.81 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.16 |
| 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 |
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();