PulteGroup Inc (PHM)

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	3,449,736	3,666,676	3,630,584	3,542,089	3,439,839	3,131,991	2,941,166	2,716,139	2,510,347	2,178,291	2,042,166	1,862,564	1,732,943	1,645,065	1,526,966	1,387,879	1,340,160	1,233,711	1,252,258	1,340,671
Interest expense (ttm)	US$ in thousands	469	415	360	305	284	331	381	454	503	614	724	3,586	4,248	4,169	4,091	1,237	584	595	600	619
Interest coverage		7,355.51	8,835.36	10,084.96	11,613.41	12,112.11	9,462.21	7,719.60	5,982.69	4,990.75	3,547.71	2,820.67	519.40	407.94	394.59	373.25	1,121.97	2,294.79	2,073.46	2,087.10	2,165.87

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $3,449,736K ÷ $469K
= 7,355.51

I'm sorry, but without the specific data for interest expenses and earnings before interest and taxes (EBIT), we cannot calculate the interest coverage ratio for PulteGroup Inc. Interest coverage ratio is a key financial metric used to evaluate a company's ability to pay its interest expenses on outstanding debt. It is calculated by dividing EBIT by the total interest expenses. A higher interest coverage ratio indicates a better ability to meet interest obligations. For a comprehensive analysis of PulteGroup Inc's interest coverage, we would need access to the specific financial data for the respective quarters mentioned in the table.