AMN Healthcare Services Inc (AMN)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 338,429 | 423,526 | 472,968 | 564,838 | 647,101 | 696,427 | 665,888 | 581,529 | 477,998 | 338,064 | 278,697 | 217,924 | 149,265 | 167,574 | 160,851 | 167,606 | 176,915 | 180,124 | 183,020 | 192,679 |
Interest expense (ttm) | US$ in thousands | 54,140 | 45,743 | 43,163 | 41,068 | 40,398 | 38,429 | 34,691 | 34,722 | 34,077 | 46,959 | 54,300 | 55,632 | 57,742 | 43,920 | 39,186 | 33,808 | 28,427 | 19,351 | 16,170 | 16,481 |
Interest coverage | 6.25 | 9.26 | 10.96 | 13.75 | 16.02 | 18.12 | 19.19 | 16.75 | 14.03 | 7.20 | 5.13 | 3.92 | 2.59 | 3.82 | 4.10 | 4.96 | 6.22 | 9.31 | 11.32 | 11.69 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $338,429K ÷ $54,140K
= 6.25
As there is no data provided for interest coverage in the financial statements of AMN Healthcare Services Inc. for the given quarters, it is not possible to assess the company's ability to meet its interest obligations with the current earnings. Interest coverage ratio is a critical indicator of a company's financial health and risk level, as it shows how well a company can cover its interest expenses with its operating income. Without this information, it is difficult to evaluate the company's leverage and financial risk profile accurately. It is recommended to obtain the necessary data for interest coverage to conduct a more comprehensive analysis of AMN Healthcare Services Inc.'s financial performance and sustainability.
Peer comparison
Dec 31, 2023