Green Brick Partners Inc (GRBK)

Interest coverage

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	355,105	326,221	324,160	357,552	352,982	364,828	332,387	272,280	227,690	187,457	168,539	129,771	122,370	109,987	90,925	80,686	69,966	69,171	66,203	69,272
Interest expense (ttm)	US$ in thousands	83,379	88,541	88,956	93,392	15,936	14,380	13,965	9,529	3,606	0	0	0	0	0	0	0	0	2,479	4,958	6,964
Interest coverage		4.26	3.68	3.64	3.83	22.15	25.37	23.80	28.57	63.14	—	—	—	—	—	—	—	—	27.90	13.35	9.95

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $355,105K ÷ $83,379K
= 4.26

Based on the data provided, it appears that the interest coverage ratio for Green Brick Partners Inc is not available or has not been disclosed in the financial statements for the specified quarters in 2023 and 2022. The interest coverage ratio is a key financial metric used to assess the company's ability to meet its interest obligations. Without this information, it is challenging to evaluate the company's profitability and financial health in relation to its interest expenses. It is recommended to seek updated financial reports or additional information to perform a more comprehensive analysis of Green Brick Partners Inc's interest coverage ratio.