Expeditors International of Washington Inc (EXPD)

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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	1,020,932	1,152,656	1,454,027	1,690,887	1,855,962	2,131,658	2,085,922	1,992,122	1,909,326	1,567,608	1,329,916	1,166,897	940,437	838,966	793,571	738,146	766,692	803,359	799,963	791,346
Interest expense (ttm)	US$ in thousands	4,800	26,887	25,756	25,419	23,277	3,242	5,234	7,364	8,807	8,141	7,183	7,554	10,415	13,550	17,547	21,504	22,803	23,105	22,308	20,945
Interest coverage		212.69	42.87	56.45	66.52	79.73	657.51	398.53	270.52	216.80	192.56	185.15	154.47	90.30	61.92	45.23	34.33	33.62	34.77	35.86	37.78

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $1,020,932K ÷ $4,800K
= 212.69

I'm sorry, but without specific data for the interest coverage ratio for Expeditors International Of Washington, Inc. across the mentioned quarters, it is not possible to provide a detailed analysis. Interest coverage ratio is a key financial metric that indicates a company's ability to cover its interest expenses with its operating income. It is calculated by dividing earnings before interest and taxes (EBIT) by the total interest expense.

If you can provide the actual interest expenses and EBIT figures for the respective quarters, I would be able to calculate the interest coverage ratios and offer a comprehensive analysis based on that data.