Lindsay Corporation (LNN)
Interest coverage
| Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 96,416 | 98,406 | 92,283 | 80,765 | 79,851 | 89,704 | 96,448 | 101,121 | 104,163 | 105,736 | 115,618 | 107,185 | 92,909 | 74,546 | 60,316 | 57,787 | 55,233 | 63,247 | 54,377 | 46,626 |
| Interest expense (ttm) | US$ in thousands | 1,833 | 2,259 | 2,681 | 3,109 | 3,234 | 3,367 | 3,548 | 3,756 | 3,788 | 3,819 | 3,877 | 4,015 | 4,269 | 4,512 | 4,684 | 4,713 | 4,751 | 4,769 | 4,788 | 4,774 |
| Interest coverage | 52.60 | 43.56 | 34.42 | 25.98 | 24.69 | 26.64 | 27.18 | 26.92 | 27.50 | 27.69 | 29.82 | 26.70 | 21.76 | 16.52 | 12.88 | 12.26 | 11.63 | 13.26 | 11.36 | 9.77 |
August 31, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $96,416K ÷ $1,833K
= 52.60