Dow Inc (DOW)
Interest coverage
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 | 1,453,000 | 2,596,000 | 3,147,000 | 4,595,000 | 6,789,000 | 8,043,000 | 9,309,000 | 9,604,000 | 8,868,000 | 8,634,000 | 6,452,000 | 3,849,000 | 2,936,000 | -1,048,000 | -613,000 | -191,000 | 155,000 |
Interest expense (ttm) | US$ in thousands | 868,000 | 818,000 | 781,000 | 775,000 | 757,000 | 749,000 | 770,000 | 789,000 | 817,000 | 860,000 | 885,000 | 898,000 | 916,000 | 944,000 | 974,000 | 1,005,000 | 1,031,000 |
Interest coverage | 1.67 | 3.17 | 4.03 | 5.93 | 8.97 | 10.74 | 12.09 | 12.17 | 10.85 | 10.04 | 7.29 | 4.29 | 3.21 | -1.11 | -0.63 | -0.19 | 0.15 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $1,453,000K ÷ $868,000K
= 1.67
I'm sorry, but I cannot provide a detailed analysis of Dow Inc's interest coverage based on the given data. The interest coverage ratio is not available for any of the given dates. In order to conduct a comprehensive analysis, the interest expense and the earnings before interest and taxes (EBIT) would be required to calculate the interest coverage ratio for each period. If you can provide this information, I would be happy to help you with the analysis.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Dow Inc
DOW
1.67
AdvanSix Inc
ASIX
19.25
Albemarle Corp
ALB
3.24
Avient Corp
AVNT
1.57
Dupont De Nemours Inc
DD
-5.10
Eastman Chemical Company
EMN
3.67
Hexcel Corporation
HXL
6.33
Rogers Corporation
ROG
8.10