Omnicell Inc (OMCL)
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 | -34,868 | -2,323 | 89,507 | 35,526 | 78,352 |
| Interest expense | US$ in thousands | 4,397 | 4,164 | 22,048 | 6,363 | 3,600 |
| Interest coverage | -7.93 | -0.56 | 4.06 | 5.58 | 21.76 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $-34,868K ÷ $4,397K
= -7.93
Based on the provided data showing no information on interest coverage for Omnicell, Inc. across the years Dec 31, 2019 to Dec 31, 2023, it is not possible to analyze the trend or the current ratio for the company. Interest coverage ratio is a critical financial metric that indicates a company's ability to meet its interest obligations on outstanding debt. Without this data, it is not possible to assess Omnicell's ability to cover its interest expenses or evaluate the impact of interest payments on its financial performance. This lack of information hinders a comprehensive analysis of Omnicell's financial health and leverage position.
Peer comparison
Dec 31, 2023