Fortrea Holdings Inc. (FTRE)

Interest coverage

Dec 31, 2024 Dec 31, 2023
Earnings before interest and tax (EBIT) US$ in thousands -161,900 45,800
Interest expense US$ in thousands 123,800 69,800
Interest coverage -1.31 0.66

December 31, 2024 calculation

Interest coverage = EBIT ÷ Interest expense
= $-161,900K ÷ $123,800K
= -1.31