Celsius Holdings Inc (CELH)
Interest coverage
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 155,728 | 233,167 | 334,078 | 304,643 | 266,366 | 174,677 | -70,619 | -123,466 | -158,347 | -122,739 | 14,660 | 3,472 | -5,973 | -7,652 | 7,061 | 7,531 | 7,912 | 5,407 | 2,398 | 21 |
| Interest expense (ttm) | US$ in thousands | 0 | 16,032 | 16,032 | 21,577 | 26,501 | 14,307 | 15,756 | 10,209 | 5,287 | 1,449 | 5 | 5 | 5 | 137 | 276 | 389 | 523 | 717 | 1,210 | 1,319 |
| Interest coverage | — | 14.54 | 20.84 | 14.12 | 10.05 | 12.21 | -4.48 | -12.09 | -29.95 | -84.71 | 2,932.00 | 694.40 | -1,194.60 | -55.85 | 25.58 | 19.36 | 15.13 | 7.54 | 1.98 | 0.02 |
December 31, 2024 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $155,728K ÷ $0K
= —
The interest coverage ratio measures a company's ability to meet its interest obligations on outstanding debt. A higher ratio indicates a stronger ability to cover interest costs.
Looking at the data provided for Celsius Holdings Inc, we observe significant fluctuations in the interest coverage ratio over the period.
- The ratio was extremely low at 0.02 as of March 31, 2020, indicating a weak ability to cover interest expenses.
- By June 30, 2021, the ratio had improved substantially to 25.58, demonstrating a much stronger ability to meet interest obligations.
- However, there were instances where the interest coverage ratio turned negative, suggesting that the company may have struggled to cover its interest costs with operating income during certain periods.
- The most extreme negative ratio was seen on December 31, 2021, at -1,194.60, which could be a cause for concern regarding the company's financial health and liquidity.
It is crucial for investors and stakeholders to closely monitor the interest coverage ratio of Celsius Holdings Inc, as it provides insights into the company's debt repayment capacity and financial stability.
Peer comparison
Dec 31, 2024