Bunge Limited (BG)
Interest coverage
Dec 31, 2023 | ||
---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 2,198,000 |
Interest expense | US$ in thousands | 516,000 |
Interest coverage | 4.26 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $2,198,000K ÷ $516,000K
= 4.26
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Bunge Limited
BG
4.26
Archer-Daniels-Midland Company
ADM
7.66
Darling Ingredients Inc
DAR
3.73