ESAB Corp (ESAB)
Interest coverage
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 404,166 | 379,027 | 358,875 | 336,114 | 329,065 |
| Interest expense (ttm) | US$ in thousands | 68,137 | 56,763 | 56,763 | 45,851 | 26,897 |
| Interest coverage | 5.93 | 6.68 | 6.32 | 7.33 | 12.23 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $404,166K ÷ $68,137K
= 5.93
I'm unable to provide a detailed analysis of ESAB Corp's interest coverage based on the data provided as the interest coverage ratio figures are not available for any of the mentioned quarters. The interest coverage ratio is a financial metric used to assess a company's ability to pay its interest expenses on outstanding debt. Without the specific figures for each quarter, it is not possible to evaluate ESAB Corp's performance in meeting its interest obligations relative to its earnings. It is recommended to obtain the interest coverage ratio data for each quarter to conduct a thorough analysis of ESAB Corp's financial health in terms of its debt obligations.
Peer comparison
Dec 31, 2023