Walt Disney Company (DIS)

Interest coverage

Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 4,698,000 4,594,000 1,275,000 2,763,000 1,760,000 2,248,000 4,592,000 3,531,000 3,328,000 3,132,000 1,915,000 1,990,000 474,000 2,853,000 -2,932,000 -3,008,000 -518,000 1,487,000 8,708,000 14,657,000
Interest expense (ttm) US$ in thousands -2,070,000 -1,907,000 -1,913,000 -1,910,000 -1,973,000 -1,192,000 -1,315,000 -1,445,000 -1,549,000 -1,654,000 -1,630,000 -1,589,000 -1,546,000 1,687,000 1,739,000 1,689,000 1,647,000 1,596,000 1,612,000 1,445,000
Interest coverage 1.69 -1.69 -1.78 -0.31 0.93 5.40 10.14

September 30, 2024 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $4,698,000K ÷ $-2,070,000K
= —

The interest coverage ratio for Walt Disney Company has varied significantly over the past few years. In the most recent period, there is no reported data for interest coverage. However, looking at historical trends, there has been volatility in the ratio, with some periods showing negative values such as in March 2021 and December 2020, indicating that the company's earnings were not sufficient to cover its interest expenses during those periods.

In contrast, there are periods where the interest coverage ratio was comfortably above 1, such as in September 2020, June 2020, and March 2020, suggesting that the company's earnings were more than adequate to cover its interest obligations during those times.

Overall, the fluctuation in Walt Disney Company's interest coverage ratio indicates varying levels of financial risk and the company's ability to meet its interest payments using its operating earnings. Investors and analysts should monitor this ratio closely to assess the company's financial health and ability to manage its debt obligations effectively.


Peer comparison

Sep 30, 2024


See also:

Walt Disney Company Interest Coverage (Quarterly Data)