Arlo Technologies (ARLO)
Interest coverage
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -24,903 | -56,879 | -60,138 | -104,864 | -85,221 |
| Interest expense | US$ in thousands | — | 926 | 16,638 | 4,326 | 109,586 |
| Interest coverage | — | -61.42 | -3.61 | -24.24 | -0.78 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $-24,903K ÷ $—K
= —
I'm sorry, but without the specific values for the interest coverage ratio provided in the table, I am unable to offer a detailed analysis of Arlo Technologies Inc's interest coverage for the years 2019 to 2023. The interest coverage ratio is a crucial financial metric that indicates a company's ability to meet its interest obligations from its operating income. To provide a comprehensive analysis, we would need the actual figures for interest expense and operating income for each year. If you could provide these details, I would be able to calculate and interpret the interest coverage ratio for each year and offer insights into the company's financial health and ability to service its debt.
Peer comparison
Dec 31, 2023