Liquidity Services Inc (LQDT)

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	23,027	26,107	29,473	39,913	47,650	47,406	44,471	34,370	27,025	27,168	24,205	15,809	5,719	-3,897	-14,631	-19,390	-19,423	-19,508	-20,412	-19,075
Interest expense (ttm)	US$ in thousands	10	11	18	19	20	21	23	22	22	22	19	21	21	23	18	466	912	1,224	1,550	1,143
Interest coverage		2,302.70	2,373.36	1,637.39	2,100.68	2,382.50	2,257.43	1,933.52	1,562.27	1,228.41	1,234.91	1,273.95	752.81	272.33	-169.43	-812.83	-41.61	-21.30	-15.94	-13.17	-16.69

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $23,027K ÷ $10K
= 2,302.70

Unfortunately, since there is no data provided for the interest coverage ratio for Liquidity Services Inc across the mentioned quarters, it is not possible to conduct a detailed analysis of the trend or performance of the company's ability to cover its interest expenses with its earnings. In order to assess the company's financial health and its ability to meet its debt obligations, it would be necessary to obtain the interest coverage ratio data for the relevant periods.