HF Sinclair Corp (DINO)
Interest coverage
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 2,222,070 | 3,993,170 |
Interest expense | US$ in thousands | 190,796 | 175,628 |
Interest coverage | 11.65 | 22.74 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $2,222,070K ÷ $190,796K
= 11.65