Applovin Corp (APP)
Interest coverage
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,894,260 | 656,235 | -33,314 | 149,481 | -57,833 |
| Interest expense | US$ in thousands | 318,260 | 275,665 | 171,863 | 103,170 | 77,873 |
| Interest coverage | 5.95 | 2.38 | -0.19 | 1.45 | -0.74 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,894,260K ÷ $318,260K
= 5.95