LGI Homes (LGIH)

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	261,754	240,059	259,311	350,914	418,116	514,647	532,940	519,049	542,775	565,939	516,760	436,236	367,849	286,172	273,089	265,027	231,832	203,170	187,429	189,565
Interest expense (ttm)	US$ in thousands	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest coverage		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $261,754K ÷ $0K
= —

I'm sorry, but without specific data for interest expense and net income for LGI Homes Inc, I am unable to calculate the interest coverage ratio. This ratio is typically computed as EBIT (earnings before interest and taxes) divided by interest expense. It provides insight into the company's ability to meet its interest obligations with its operating income. For a detailed analysis, precise financial figures are required.