Badger Meter Inc (BMI)
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 | 118,049 | 108,444 | 100,893 | 93,479 | 87,295 | 87,682 | 83,251 | 79,838 | 78,723 | 72,824 | 72,898 | 66,887 | 65,155 | 64,536 | 61,467 | 63,836 | 62,148 | 60,615 | 59,904 | 61,222 |
| Interest expense (ttm) | US$ in thousands | -205 | 261 | 369 | 1,205 | 596 | 179 | 85 | 83 | 77 | 40 | 72 | 97 | 121 | 136 | 156 | 209 | 307 | 443 | 672 | 996 |
| Interest coverage | — | 415.49 | 273.42 | 77.58 | 146.47 | 489.84 | 979.42 | 961.90 | 1,022.38 | 1,820.60 | 1,012.47 | 689.56 | 538.47 | 474.53 | 394.02 | 305.44 | 202.44 | 136.83 | 89.14 | 61.47 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $118,049K ÷ $-205K
= —
I'm sorry, but without the actual values for interest coverage for each quarter provided in the table, I am unable to conduct a detailed analysis of Badger Meter Inc.'s interest coverage. Interest coverage ratio is typically calculated as EBIT (earnings before interest and taxes) divided by the interest expense, and it helps to assess a company's ability to meet its interest obligations.
If you could provide the numerical data for interest coverage for each quarter, I would be able to offer a more comprehensive analysis of Badger Meter Inc.'s interest coverage and its implications for the company's financial health.
Peer comparison
Dec 31, 2023