Corcept Therapeutics Incorporated (CORT)
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 | 107,282 | 98,112 | 98,869 | 100,718 | 112,634 | 126,799 | 131,097 | 131,608 | 124,477 | 118,323 | 106,810 | 110,129 | 128,202 | 132,708 | 140,993 | 130,364 | 111,609 | 101,491 | 91,456 | 87,457 |
Interest expense (ttm) | US$ in thousands | 0 | -1,804 | -734 | -104 | 3,557 | 1,852 | 854 | 334 | 529 | 754 | 1,304 | 2,204 | 3,400 | 4,547 | 5,273 | 5,441 | 5,067 | 4,665 | 4,076 | 3,460 |
Interest coverage | — | — | — | — | 31.67 | 68.47 | 153.51 | 394.04 | 235.31 | 156.93 | 81.91 | 49.97 | 37.71 | 29.19 | 26.74 | 23.96 | 22.03 | 21.76 | 22.44 | 25.28 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $107,282K ÷ $0K
= —
The lack of data for the interest coverage ratio for Corcept Therapeutics Inc across all quarters of the years 2022 and 2023 impedes a detailed and comprehensive analysis at this time. It is important to note that the interest coverage ratio is a key financial metric that indicates a company's ability to meet its interest obligations using its earnings. Further information or data points would be required to assess the company's financial health and performance in terms of managing its interest expenses effectively.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Corcept Therapeutics Incorporated
CORT
—
Abbott Laboratories
ABT
11.46
AbbVie Inc
ABBV
3.81
Alkermes Plc
ALKS
12.50
Amphastar P
AMPH
7.24
ANI Pharmaceuticals Inc
ANIP
1.45
Arcus Biosciences Inc
RCUS
-85.00
Biomarin Pharmaceutical Inc
BMRN
14.82
Bristol-Myers Squibb Company
BMY
8.23
Catalent Inc
CTLT
-3.75
Catalyst Pharmaceuticals Inc
CPRX
—