Azenta Inc (AZTA)

Interest coverage

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Earnings before interest and tax (EBIT) (ttm) US$ in thousands -72,118 -61,273 -63,022 -47,362 2,083,845 2,138,752 2,163,986 2,203,005 106,665 92,625 95,933 76,716 68,071 53,867 433,700 436,629 433,793 436,837 62,449 70,426
Interest expense (ttm) US$ in thousands 35 78 542 2,631 4,177 4,589 4,663 3,039 1,936 2,038 2,165 2,498 2,764 2,944 3,167 10,398 17,698 22,251 24,027 18,451
Interest coverage -2,060.51 -785.55 -116.28 -18.00 498.89 466.06 464.08 724.91 55.10 45.45 44.31 30.71 24.63 18.30 136.94 41.99 24.51 19.63 2.60 3.82

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $-72,118K ÷ $35K
= -2,060.51

I'm unable to provide a detailed analysis of Azenta Inc's interest coverage based on the data provided, as the interest coverage ratios for each quarter are not available. Interest coverage ratio is a financial metric used to evaluate a company's ability to pay its interest expenses on outstanding debt. It is calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expenses.

Without the specific interest coverage ratio values for Azenta Inc, it is challenging to assess the firm's ability to meet its interest obligations comfortably or its level of financial risk. To perform a comprehensive analysis of Azenta Inc's interest coverage, detailed financial data including EBIT and interest expenses for each quarter would be needed. This would provide insights into the company's ability to generate sufficient earnings to cover its interest payments and indicate its financial health and risk level.


Peer comparison

Dec 31, 2023