Cigna Corp (CI)

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
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	8,536,000	8,189,000	8,091,000	8,241,000	8,414,000	8,238,000	8,390,000	8,166,000	7,935,000	7,743,000	7,557,000	8,049,000	8,153,000	8,369,000	8,384,000	7,908,000	8,077,000	7,075,000
Interest expense (ttm)	US$ in thousands	1,404,000	1,403,000	1,367,000	1,333,000	1,302,000	1,301,000	1,296,000	1,291,000	1,302,000	1,285,000	1,309,000	1,372,000	1,438,000	2,702,000	2,366,000	2,420,000	2,481,000	1,124,000
Interest coverage		6.08	5.84	5.92	6.18	6.46	6.33	6.47	6.33	6.09	6.03	5.77	5.87	5.67	3.10	3.54	3.27	3.26	6.29

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $8,536,000K ÷ $1,404,000K
= 6.08

As the data provided does not include any values for interest coverage for Cigna Group (The) across the mentioned quarters of 2022 and 2023, it is not possible to conduct a detailed analysis of the interest coverage ratio for the company during this period. In order to assess the company's ability to meet its interest obligations, it is essential to have the interest expense and earnings data to calculate the interest coverage ratio. An interest coverage ratio below 1 indicates that the company is not generating enough earnings to cover its interest expenses, suggesting a potential financial risk. Conversely, an interest coverage ratio above 1 indicates a stronger ability to meet interest obligations. To evaluate Cigna Group (The) effectively, obtaining the necessary financial data for interest coverage calculation would be crucial.