F5 Networks Inc (FFIV)

Interest coverage

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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	658,591	639,307	579,786	545,872	472,568	408,357	412,252	380,853	403,792	422,626	411,574	390,428	394,025	366,274	357,483	387,680	392,267	408,368	423,487	482,582
Interest expense (ttm)	US$ in thousands	0	7,439	7,439	10,176	14,878	15,252	21,473	20,670	15,968	8,155	1,934	0	0	0	0	0	0	0	0	0
Interest coverage		—	85.94	77.94	53.64	31.76	26.77	19.20	18.43	25.29	51.82	212.81	—	—	—	—	—	—	—	—	—

September 30, 2024 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $658,591K ÷ $0K
= —

The interest coverage ratio for F5 Networks Inc has demonstrated significant fluctuations over the periods analyzed. In the most recent quarter, ending September 30, 2024, the interest coverage ratio could not be calculated as data on interest expenses was not provided. However, in the prior quarter, ending June 30, 2024, the interest coverage was robust at 85.94, indicating the company's ability to meet its interest obligations comfortably.

Looking at historical data, the interest coverage ratio has varied widely, with values ranging from as low as 18.43 to as high as 212.81. The trend indicates that F5 Networks Inc has experienced periods of both strong and weaker interest coverage, signaling fluctuations in its ability to cover interest expenses from operating earnings.

It is essential for stakeholders and investors to closely monitor F5 Networks Inc's interest coverage ratio over time to assess the company's financial health and ability to fulfill its debt obligations. Fluctuations in this ratio can provide insights into the company's profitability, operational efficiency, and financial risk.