CarGurus (CARG)

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	32,627	108,478	148,268	97,756	34,322
Interest expense	US$ in thousands	515	136	37	1,354	4,383
Interest coverage		63.35	797.63	4,007.24	72.20	7.83

December 31, 2023 calculation

Interest coverage = EBIT ÷ Interest expense
= $32,627K ÷ $515K
= 63.35

Based on the provided data, the interest coverage ratio for CarGurus Inc is not available for the years ending December 31, 2019 to 2023. The lack of information regarding the interest coverage makes it challenging to evaluate the company's ability to meet its interest payment obligations using its operating income. It is recommended to access additional financial information or consult the company directly to obtain a more accurate analysis of CarGurus Inc's financial health in terms of managing interest expenses.