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 | ||
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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