Airbnb Inc (ABNB)

Interest coverage

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	1,518,000	2,249,000	1,956,000	1,802,000	1,802,000	1,642,250	1,291,223	870,945	429,000
Interest expense (ttm)	US$ in thousands	83,000	17,000	16,682	22,165	23,929	21,448	22,415	21,452	437,599
Interest coverage		18.29	132.29	117.25	81.30	75.31	76.57	57.61	40.60	0.98

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $1,518,000K ÷ $83,000K
= 18.29

Based on the provided data, Airbnb Inc's interest coverage ratio for Q1 2023, Q2 2023, Q3 2023, and Q4 2023 is not available. However, in Q1 2022, the interest coverage ratio was 124.16. This indicates that in Q1 2022, Airbnb Inc generated operating profits 124.16 times greater than their interest expenses. Without data for the subsequent quarters of 2022 and 2023, it is difficult to assess the trend in the company's ability to cover its interest expenses. A higher interest coverage ratio generally suggests a lower risk of financial distress due to debt obligations.