GE HealthCare Technologies Inc. (GEHC)
Interest coverage
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,435,000 | 2,523,000 |
| Interest expense (ttm) | US$ in thousands | 542,000 | 470,000 |
| Interest coverage | 4.49 | 5.37 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $2,435,000K ÷ $542,000K
= 4.49
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
GE HealthCare Technologies Inc.
GEHC
4.49
Hologic Inc
HOLX
6.76