Enerpac Tool Group Corp (EPAC)
Interest coverage
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 83,922 | 30,660 | 51,113 | 24,181 | 47,516 |
| Interest expense | US$ in thousands | 12,389 | 4,386 | 5,266 | 19,218 | 28,163 |
| Interest coverage | 6.77 | 6.99 | 9.71 | 1.26 | 1.69 |
August 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $83,922K ÷ $12,389K
= 6.77
I'm sorry, but I cannot perform a comprehensive analysis of Enerpac Tool Group Corp interest coverage based on the provided data as the interest coverage ratio is not available for the specified years. In order to conduct a thorough analysis, I would need the actual interest expenses and earnings before interest and taxes (EBIT) for each of the years in question. Without this information, it is not possible to calculate or interpret the interest coverage ratio. If you could provide the necessary financial data, I would be able to perform the analysis for you.
Peer comparison
Aug 31, 2023
Company name
Symbol
Interest coverage
Enerpac Tool Group Corp
EPAC
6.77
Curtiss-Wright Corporation
CW
10.01
Eaton Corporation PLC
ETN
3,823.00