Liquidity Services Inc (LQDT)
Interest coverage
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 26,105 | 47,405 | 27,168 | -3,897 | -19,508 |
| Interest expense | US$ in thousands | 11 | 21 | 22 | 23 | 1,244 |
| Interest coverage | 2,373.18 | 2,257.38 | 1,234.91 | -169.43 | -15.68 |
September 30, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $26,105K ÷ $11K
= 2,373.18
I'm sorry, but it seems like there is missing data as there are no specific values provided for the interest coverage ratio of Liquidity Services Inc for the years 2023, 2022, 2021, 2020, and 2019. In order to perform a comprehensive analysis of Liquidity Services Inc's interest coverage, I would need the specific values of interest expense and operating income for each of these years.
The interest coverage ratio is a key financial metric used to evaluate a company's ability to pay its interest expenses on outstanding debt. It is calculated by dividing the company's operating income by its interest expense. A higher interest coverage ratio indicates that the company is more capable of servicing its debt obligations.
Without the specific interest coverage ratio values, it is not possible to provide a detailed and comprehensive analysis of Liquidity Services Inc's interest coverage over the specified period. If you can provide the specific data for interest expense and operating income for the years in question, I'd be happy to help you with a detailed analysis.
Peer comparison
Sep 30, 2023