Circle Internet Group (XSWX:CRCL) Interest Coverage: 1,203.47 (As of Mar. 2026) — 1308% Above Median


XSWX:CRCL Circle Internet Group Inc XSWX:CRCL
40 GF Score
Price CHF53.05
! 4 Warning Signs
View Full Analysis

What is Circle Internet Group Interest Coverage?

Circle Internet Group XSWX:CRCL 40 Interest Coverage is 1,203.47 as of Mar. 2026, which is 1308% above its 10-year median of 85.47. GuruFocus rates XSWX:CRCL with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 430 Capital Markets companies, Circle Internet Group ranks worse than 232557.91% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Circle Internet Group's Operating Income for the three months ended in Mar. 2026 was CHF36 Mil. Circle Internet Group's Interest Expense for the three months ended in Mar. 2026 was CHF-0 Mil. Circle Internet Group's interest coverage for the quarter that ended in Mar. 2026 was 1,203.47. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Circle Internet Group's Interest Coverage or its related term are showing as below:


XSWX:CRCL's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.375
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Circle Internet Group  (XSWX:CRCL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Circle Internet Group Interest Coverage Related Terms


Circle Internet Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Circle Internet Group's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Circle Internet Group Interest Coverage Chart

Circle Internet Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 23.67 122.63 85.49 0.00

Circle Internet Group Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 296.16 0.00 224.01 292.75 1,203.47

XSWX:CRCL vs : Interest Coverage Comparison

For the Capital Markets subindustry, Circle Internet Group's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Circle Internet Group Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Circle Internet Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Circle Internet Group's Interest Coverage falls into.


XSWX:CRCL
40GF Score
Circle Internet Group Inc XSWX:CRCL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Circle Internet Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Circle Internet Group's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Circle Internet Group's Interest Expense was CHF-1 Mil. Its Operating Income was CHF-73 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0 Mil.

Circle Internet Group did not have earnings to cover the interest expense.

Circle Internet Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Circle Internet Group's Interest Expense was CHF-0 Mil. Its Operating Income was CHF36 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*36.104/-0.03
=1,203.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1,203.47 mean?
Circle Internet Group (XSWX:CRCL) has a Interest Coverage of 1,203.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Circle Internet Group and its competitors. This is 1308% above median its historical median of 85.47. According to the industry distribution chart, Circle Internet Group ranks #999999 out of 430 companies in the Capital Markets industry.
Is Circle Internet Group's Interest Coverage too high?
Circle Internet Group's current Interest Coverage of 1,203.47 is 1308% above median its 10-year median of 85.47. The Capital Markets industry median Interest Coverage is 19.38. Circle Internet Group's value of 1,203.47 is 6111.5% above this industry median. Based on the distribution chart, Circle Internet Group ranks #999999 out of 430 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Circle Internet Group has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Circle Internet Group's Interest Coverage compare to ?
According to the Capital Markets industry distribution chart, Circle Internet Group ranks #999999 out of 430 companies for Interest Coverage. This places Circle Internet Group in the lower half of its industry. The industry median Interest Coverage is 19.38. Circle Internet Group's value of 1,203.47 is 6111.5% above this benchmark. While the company's 10-year median is 85.47 vs. the industry median of 19.38, Circle Internet Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Circle Internet Group's current Interest Coverage of 1,203.47 is 6111.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Circle Internet Group and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circle Internet Group's current Interest Coverage is 1,203.47, which is 1308% above median its own 10-year median of 85.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle Internet Group stock overvalued right now?
Circle Internet Group (XSWX:CRCL) has a current Interest Coverage of 1,203.47. The current Interest Coverage is 1,203.47, which is 1308% above median its 10-year median of 85.47 and 6111.5% above the Capital Markets industry median of 19.38. Circle Internet Group's overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Circle Internet Group (XSWX:CRCL), the current Interest Coverage is 1,203.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Circle Internet Group Business Description

Comparable Companies
Address One World Trade Center, New York, NY, USA, 10007
Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications. The company's platform is a full-stack, internet financial platform business, organized around three pillars: Arc Blockchain and Developer Infrastructure, Circle Digital Assets and Services, and Circle Applications.
40GF Score

Get the complete analysis for XSWX:CRCL

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF53.05
Price