Hims Hers Health Inc (HIMS)
Interest coverage
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 61,903 | 42,907 | 11,979 | -8,287 | -29,453 | -40,658 | -52,087 | -63,041 | -68,697 | -88,340 | -87,471 | -76,400 | -110,795 | -84,752 | -71,478 | -63,303 | -17,977 | -13,016 | -7,626 | -6,699 |
| Interest expense (ttm) | US$ in thousands | 0 | 1,582 | 1,582 | 1,582 | 3,164 | 4,169 | 5,746 | 6,390 | 6,010 | 3,423 | 1,846 | 1,202 | 0 | 0 | 0 | 0 | 10 | 43 | 43 | 43 |
| Interest coverage | — | 27.12 | 7.57 | -5.24 | -9.31 | -9.75 | -9.06 | -9.87 | -11.43 | -25.81 | -47.38 | -63.56 | — | — | — | — | -1,797.70 | -302.70 | -177.35 | -155.79 |
December 31, 2024 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $61,903K ÷ $0K
= —
The interest coverage ratio of Hims Hers Health Inc has shown significant fluctuations over the past few periods. The data indicates that from March 31, 2020, to December 31, 2020, the interest coverage ratio was negative, suggesting that the company did not generate enough operating income to cover its interest payments.
However, from March 31, 2022, to June 30, 2024, the interest coverage ratio improved, with values ranging from -5.24 to 27.12. This indicates that the company's operating income became more sufficient to cover its interest expenses during these periods.
It is important to note that a negative interest coverage ratio implies financial distress and may indicate a higher risk of default on debt obligations. The improvements in the interest coverage ratio from 2022 to 2024 suggest a positive trend in the company's ability to meet its interest payments, but close monitoring of future periods is advisable to ensure financial stability.
Peer comparison
Dec 31, 2024