Dominion Energy Inc (D)

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 3,914,000 3,622,000 3,582,000 2,542,000 2,073,000 2,590,000 2,436,000 3,117,000 3,019,000 2,938,000 2,124,000 2,565,000 2,055,000 2,135,000 3,212,000 2,656,000 1,544,000 1,442,000 1,488,000 1,982,000
Interest expense (ttm) US$ in thousands 1,546,000 1,624,000 1,761,000 1,378,000 966,000 926,000 1,004,000 1,475,000 1,354,000 1,219,000 1,118,000 1,049,000 1,486,000 1,335,000 1,030,000 1,033,000 1,012,000 1,362,000 1,739,000 1,648,000
Interest coverage 2.53 2.23 2.03 1.84 2.15 2.80 2.43 2.11 2.23 2.41 1.90 2.45 1.38 1.60 3.12 2.57 1.53 1.06 0.86 1.20

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $3,914,000K ÷ $1,546,000K
= 2.53

I'm sorry, but without the specific values for the interest coverage ratio for Dominion Energy Inc provided in the table, I am unable to conduct a detailed analysis. The interest coverage ratio is a crucial financial metric that indicates a company's ability to meet its interest obligations on outstanding debt. It is calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expense. A higher interest coverage ratio suggests that the company is more capable of servicing its debt.

If you could provide the exact values for the interest coverage ratio for each quarter, I'd be happy to analyze and interpret the trend to assess Dominion Energy Inc's financial health and debt servicing ability.


Peer comparison

Dec 31, 2023