Moderna Inc (MRNA)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -4,239,000 | -2,665,000 | 513,000 | 4,827,000 | 9,420,000 | 13,250,000 | 15,642,000 | 16,257,000 | 13,296,000 | 7,611,000 | 3,818,000 | 634,000 | -763,000 | -618,556 | -514,320 | -536,029 | -546,670 | -569,145 |
| Interest expense (ttm) | US$ in thousands | -32,000 | -28,000 | -30,000 | -38,000 | 29,000 | 25,000 | 21,000 | 21,000 | 18,000 | 15,506 | 14,349 | 11,226 | 9,891 | 8,041 | 6,842 | 6,599 | 6,557 | 6,472 |
| Interest coverage | — | — | — | — | 324.83 | 530.00 | 744.86 | 774.14 | 738.67 | 490.84 | 266.08 | 56.48 | -77.14 | -76.93 | -75.17 | -81.23 | -83.37 | -87.94 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $-4,239,000K ÷ $-32,000K
= —
As the interest coverage ratio for Moderna Inc is not provided in the table for any of the quarters listed, it is not possible to determine the company's ability to meet its interest obligations using this metric. The interest coverage ratio is a key financial indicator that assesses a company's ability to pay interest expenses on its outstanding debt. It is calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expenses. A higher ratio indicates that a company is more capable of servicing its interest payments. Without the specific data for Moderna Inc's interest coverage ratio, further analysis of the company's debt servicing capabilities based on this metric is not feasible.
Peer comparison
Dec 31, 2023