Alpha Metallurgical Resources Inc (AMR)

Interest coverage is a key financial ratio used to assess a company's ability to meet its interest obligations from its operating income. Alpha Metallurgical Resources Inc's interest coverage has shown a fluctuating trend over the past four years. In 2023, the interest coverage ratio was not available in the provided data.

In 2022, the interest coverage ratio improved significantly to 86.86, indicating that the company generated sufficient operating income to cover its interest expenses nearly 87 times over. This substantial improvement from the previous year suggests better financial health and reduced risk of default.

Further back in 2021, the interest coverage ratio was 5.65, denoting that the company's operating income could cover its interest expenses about 5.65 times. Although lower than the subsequent year, this still indicates a reasonable ability to meet interest obligations.

However, in 2020, Alpha Metallurgical Resources Inc had an interest coverage ratio of -1.45, which indicates that the company's operating income was insufficient to cover its interest expenses. A negative interest coverage ratio raises concerns about the company's financial stability and ability to service its debt effectively.

Overall, the fluctuation in Alpha Metallurgical Resources Inc's interest coverage ratios across the years suggests varying levels of financial performance and stability, with the company significantly improving its ability to cover interest expenses in 2022 but facing challenges in 2020.

Peer comparison

Dec 31, 2023