Doximity Inc (DOCS)

Interest coverage

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings before interest and tax (EBIT)	US$ in thousands	163,878	125,108	113,536
Interest expense	US$ in thousands	—	-8,048	-469
Interest coverage		—	—	—

March 31, 2024 calculation

Interest coverage = EBIT ÷ Interest expense
= $163,878K ÷ $—K
= —

As the data for the interest coverage ratio of Doximity Inc is not provided for the fiscal years ending on March 31, 2024, March 31, 2023, and March 31, 2022, it is not possible to analyze the company's ability to cover its interest expenses from its operating income. The interest coverage ratio is a key metric that indicates a company's capacity to meet its interest obligations on outstanding debt. Typically, a higher interest coverage ratio suggests a healthier financial position, while a lower ratio may indicate potential financial risk. Without the specific values for the interest coverage ratio over the mentioned periods, a detailed assessment of Doximity Inc's ability to handle its interest payments cannot be provided. To perform a thorough financial analysis and evaluate the company's financial health, it would be necessary to obtain the relevant data and calculate the interest coverage ratio for the indicated fiscal years.