Maplebear Inc. (CART)

Interest coverage

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 489,000 -2,142,000 62,000 -87,000 -70,000
Interest expense US$ in thousands 0 0 0 0 0
Interest coverage

December 31, 2024 calculation

Interest coverage = EBIT ÷ Interest expense
= $489,000K ÷ $0K
= —

Based on the provided data, Maplebear Inc. has not disclosed its interest coverage ratio for the years ending December 31 in the period from 2020 to 2024. The lack of specific values for interest coverage indicates that we are unable to assess the company's ability to meet its interest payment obligations based on its earnings before interest and taxes.

Interest coverage ratio is a key financial metric used to evaluate a company's ability to pay its interest expenses on outstanding debt. It reflects the extent to which operating income can cover interest expenses. Without the values for this ratio over the specified years, we are unable to determine the company's financial health in terms of its ability to meet its interest obligations. It is essential for Maplebear Inc. to provide this information in order to gauge its financial stability and debt servicing capacity.