Columbia Sportswear Company (COLM)
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 | 310,284 | 393,104 | 450,504 | 137,049 | 394,971 |
Interest expense | US$ in thousands | — | 2,713 | 1,007 | 2,474 | 0 |
Interest coverage | — | 144.90 | 447.37 | 55.40 | — |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $310,284K ÷ $—K
= —
The interest coverage ratio is a financial metric used to evaluate a company's ability to cover its interest expenses with its operating income. Unfortunately, the table provided does not contain any data on Columbia Sportswear Co.'s interest coverage for the years 2019 to 2023. Without this specific information, it is not possible to assess the company's ability to meet its interest obligations solely based on the interest coverage ratio. Additional data or historical context would be needed to provide a detailed analysis of Columbia Sportswear Co.'s interest coverage.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Columbia Sportswear Company
COLM
—
Carter’s Inc
CRI
9.90
G-III Apparel Group Ltd
GIII
7.16
Lululemon Athletica Inc.
LULU
—
Under Armour Inc A
UAA
7.98
Under Armour Inc C
UA
7.98