Fulgent Genetics Inc (FLGT)
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 | -178,435 | -60,371 | -65,352 | -36,872 | 185,897 | 370,470 | 528,329 | 617,472 | 682,276 | 755,658 | 656,725 | 556,017 | 286,870 | 61,563 | 1,908 | -519 | -428 | -1,048 | -3,403 | -4,699 |
| Interest expense (ttm) | US$ in thousands | 80 | 497 | 602 | 516 | 345 | 213 | 138 | 117 | 117 | 108 | 78 | 49 | 261 | 490 | 490 | 490 | 249 | 0 | 0 | 0 |
| Interest coverage | -2,230.44 | -121.47 | -108.56 | -71.46 | 538.83 | 1,739.30 | 3,828.47 | 5,277.54 | 5,831.42 | 6,996.83 | 8,419.55 | 11,347.29 | 1,099.12 | 125.64 | 3.89 | -1.06 | -1.72 | — | — | — |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $-178,435K ÷ $80K
= -2,230.44
I'm sorry, but without the specific data for interest expense and earnings before interest and taxes (EBIT) for Fulgent Genetics Inc, I am unable to calculate the interest coverage ratio for the periods provided. The interest coverage ratio is a financial metric used to evaluate a company's ability to meet its interest payment obligations. It is calculated by dividing EBIT by the interest expense. A higher interest coverage ratio indicates a company is more capable of servicing its debt obligations. To conduct a thorough analysis of Fulgent Genetics Inc's interest coverage, we would need additional financial information from the company's income statement.
Peer comparison
Dec 31, 2023