Moderna Inc (MRNA)

Interest coverage

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before interest and tax (EBIT)	US$ in thousands	-4,239,000	9,420,000	13,296,000	-763,000	-546,000
Interest expense	US$ in thousands	38,000	29,000	17,000	9,891	6,557
Interest coverage		-111.55	324.83	782.12	-77.14	-83.27

December 31, 2023 calculation

Interest coverage = EBIT ÷ Interest expense
= $-4,239,000K ÷ $38,000K
= -111.55

The interest coverage ratio for Moderna Inc is not provided in the data table for the years ending December 31, 2019 to 2023. The interest coverage ratio is a measure of a company's ability to meet its interest obligations on its debt. It is calculated by dividing the earnings before interest and taxes (EBIT) by the interest expense. A higher interest coverage ratio indicates that the company is more capable of servicing its debt obligations. Without this ratio data, a detailed analysis of Moderna Inc's ability to cover its interest payments cannot be performed.