GE HealthCare Technologies Inc. (GEHC)
Interest coverage
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 2,435,000 | 2,522,000 |
Interest expense | US$ in thousands | 616,000 | 54,000 |
Interest coverage | 3.95 | 46.70 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $2,435,000K ÷ $616,000K
= 3.95
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
GE HealthCare Technologies Inc.
GEHC
3.95
Hologic Inc
HOLX
7.09