Green Brick Partners Inc (GRBK)
Interest coverage
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 369,264 | 374,368 | 242,815 | 138,709 | 78,683 |
| Interest expense | US$ in thousands | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | — | — | — | — | — |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $369,264K ÷ $0K
= —
As the interest coverage ratio data for Green Brick Partners Inc is not provided in the table, it is not possible to analyze the company's ability to cover its interest expenses with its earnings for the years 2019 to 2023. The interest coverage ratio is a crucial financial metric that indicates a company's ability to meet its interest obligations with its operating income. A higher interest coverage ratio typically suggests that the company is in a better position to cover its interest expenses. Conversely, a lower ratio may indicate potential financial distress. To assess Green Brick Partners Inc's financial health more thoroughly, additional information or data on the interest coverage ratio would be necessary for a comprehensive analysis.
Peer comparison
Dec 31, 2023