CarGurus (CARG)

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	32,627	84,513	90,074	95,878	108,478	122,781	134,201	149,136	148,268	137,805	141,296	111,528	97,756	77,930	44,067	38,906	34,322	27,589	23,762	24,167
Interest expense (ttm)	US$ in thousands	515	516	88,727	117,151	117,975	117,872	29,532	979	26	22	196	513	1,075	1,053	879	562	0	0	0	0
Interest coverage		63.35	163.78	1.02	0.82	0.92	1.04	4.54	152.34	5,702.62	6,263.86	720.90	217.40	90.94	74.01	50.13	69.23	—	—	—	—

December 31, 2023 calculation

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

I'm sorry, but without specific numerical data on CarGurus Inc's interest coverage for the quarters provided, a detailed analysis cannot be conducted. To analyze the interest coverage ratio, we typically divide a company's earnings before interest and taxes (EBIT) by its interest expense to determine how easily it can cover its interest obligations. Please provide the actual values for interest expense and EBIT for the respective quarters in order to perform a meaningful analysis.