Progyny Inc (PGNY)
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 | 62,184 | 23,341 | 32,340 | 8,348 | 9,677 |
| Interest expense | US$ in thousands | — | 814 | 461 | 121 | 497 |
| Interest coverage | — | 28.67 | 70.15 | 68.99 | 19.47 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $62,184K ÷ $—K
= —
The interest coverage ratio for Progyny Inc has not been provided for the years ending in December 31, 2020, 2021, 2022, and 2023. However, in December 2019, the interest coverage ratio was exceptionally high at 166.84. Typically, a higher interest coverage ratio indicates that the company is more capable of meeting its interest obligations from its operating income. The lack of data for the following years makes it challenging to assess any potential trends or changes in Progyny Inc's ability to cover its interest expenses in those periods. Further information would be needed to evaluate the company's current financial health and ability to service its debt.
Peer comparison
Dec 31, 2023