Autodesk Inc (ADSK)
Interest coverage
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,354,000 | 1,170,000 | 949,000 | 617,600 | 597,000 |
| Interest expense | US$ in thousands | — | 8,000 | 43,000 | 65,000 | 82,400 |
| Interest coverage | — | 146.25 | 22.07 | 9.50 | 7.25 |
January 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,354,000K ÷ $—K
= —
Autodesk Inc's interest coverage ratio has shown a positive trend over the years, reflecting the company's ability to meet its interest obligations from its operating profits.
As of January 31, 2021, the interest coverage ratio was 7.25, indicating that the company generated operating income 7.25 times the amount needed to cover its interest expenses.
By January 31, 2022, the interest coverage ratio improved to 9.50, showing an enhanced ability to cover interest costs with operating profits.
The interest coverage ratio significantly increased to 22.07 by January 31, 2023, indicating a stronger financial position and ability to comfortably meet interest obligations.
By January 31, 2024, the interest coverage ratio soared to 146.25, signifying a substantial improvement and indicating that the company's operating income was significantly higher than its interest expenses.
While the data for January 31, 2025, is unavailable, the positive trend in the interest coverage ratio over the years suggests that Autodesk Inc has been effectively managing its interest obligations relative to its operating profits.
Peer comparison
Jan 31, 2025