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.
Peer comparison
Mar 31, 2024