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
Peer comparison
Dec 31, 2024
Company name
Symbol
Interest coverage
Fortrea Holdings Inc.
FTRE
-1.31
Fulgent Genetics Inc
FLGT
-2,444.11
Laboratory Corporation of America Holdings
LH
5.60
Quest Diagnostics Incorporated
DGX
7.76
RadNet Inc
RDNT
1.31