Arrow Electronics Inc (ARW)
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 | 1,471,160 | 2,068,490 | 1,556,820 | 894,511 | 107,696 |
| Interest expense | US$ in thousands | 328,724 | 185,648 | 131,727 | 137,210 | 203,743 |
| Interest coverage | 4.48 | 11.14 | 11.82 | 6.52 | 0.53 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,471,160K ÷ $328,724K
= 4.48
Based on the table provided, there is no specific data available for Arrow Electronics Inc.'s interest coverage ratio for the years 2019 to 2023. The interest coverage ratio is a key financial metric used to assess a company's ability to meet interest payments on its outstanding debt. Without the values for interest expense and earnings before interest and taxes (EBIT), it is not possible to calculate or analyze Arrow Electronics Inc.'s interest coverage ratio for the mentioned years. This lack of data hinders a detailed assessment of the company's ability to cover its interest obligations from its operating earnings during this period.
Peer comparison
Dec 31, 2023