Fortrea Holdings Inc. (FTRE)
Interest coverage
| Dec 31, 2023 | ||
|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 94,300 |
| Interest expense | US$ in thousands | 69,800 |
| Interest coverage | 1.35 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $94,300K ÷ $69,800K
= 1.35
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Fortrea Holdings Inc.
FTRE
1.35
Fulgent Genetics Inc
FLGT
-2,444.11
Laboratory Corporation of America Holdings
LH
4.04
Quest Diagnostics Incorporated
DGX
7.76
RadNet Inc
RDNT
1.53