Dow Inc (DOW)
Interest coverage
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 1,453,000 | 6,789,000 | 8,868,000 | 2,918,000 | 149,000 |
Interest expense | US$ in thousands | 868,000 | 757,000 | 817,000 | 916,000 | 1,038,000 |
Interest coverage | 1.67 | 8.97 | 10.85 | 3.19 | 0.14 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,453,000K ÷ $868,000K
= 1.67
I'm sorry, but I cannot provide an analysis of Dow Inc's interest coverage based on the given data, as the interest coverage ratio is not available for the specified years. In order to conduct a comprehensive analysis, the interest coverage data for those years is necessary. If you can provide the interest coverage ratio for those years, I would be happy to assist you with the analysis.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Dow Inc
DOW
1.67
AdvanSix Inc
ASIX
17.89
Albemarle Corp
ALB
3.24
Avient Corp
AVNT
1.85
Dupont De Nemours Inc
DD
-5.51
Eastman Chemical Company
EMN
61.28
Hexcel Corporation
HXL
6.33
Rogers Corporation
ROG
8.12