Acuity Brands Inc (AYI)
Interest coverage
Aug 31, 2025 | Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | ||
---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 522,200 | 573,900 | 495,300 | 508,400 | 420,400 |
Interest expense | US$ in thousands | 22,000 | 25,300 | 27,900 | 27,000 | 24,200 |
Interest coverage | 23.74 | 22.68 | 17.75 | 18.83 | 17.37 |
August 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $522,200K ÷ $22,000K
= 23.74