Walt Disney Company (DIS)
Interest coverage
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 4,698,000 | 1,760,000 | 3,328,000 | 474,000 | -518,000 |
| Interest expense | US$ in thousands | -2,070,000 | -1,973,000 | -1,549,000 | -1,546,000 | 1,647,000 |
| Interest coverage | — | — | — | — | -0.31 |
September 30, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $4,698,000K ÷ $-2,070,000K
= —
The interest coverage ratio for Walt Disney Company has shown significant improvement over the past five years. In 2020, the company had a negative interest coverage ratio of -0.31, indicating that its operating income was insufficient to cover its interest expenses. However, from 2021 to 2024, specific data was not provided, preventing a direct comparison with the previous year's performance. It is essential to have complete and updated information to conduct a comprehensive analysis of the company's current interest coverage position.
Peer comparison
Sep 30, 2024
Company name
Symbol
Interest coverage
Walt Disney Company
DIS
—
Golden Entertainment Inc
GDEN
95.30
Madison Square Garden Sports Corp
MSGS
5.29
Vail Resorts Inc
MTN
3.03