Power Integrations Inc (POWI)
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 | 35,059 | 180,412 | 175,058 | 70,487 | 217,022 |
| Interest expense | US$ in thousands | — | -3,014 | 1,077 | 4,764 | 324,480 |
| Interest coverage | — | — | 162.54 | 14.80 | 0.67 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $35,059K ÷ $—K
= —
I'm sorry, but without the specific interest expense and earnings before interest and taxes (EBIT) figures for Power Integrations Inc. for the years provided in the table, it is not possible to calculate or provide a detailed analysis of the interest coverage ratio. The interest coverage ratio is calculated by dividing EBIT by interest expense and serves as a measure of a company's ability to cover its interest payments with its operating income.
To conduct a meaningful analysis of Power Integrations Inc.'s interest coverage, it is essential to have the necessary financial data to calculate the ratio for each of the years mentioned. With this information, we can assess the company's financial health, its ability to meet interest obligations, and evaluate its risk of default based on fluctuations in the interest coverage ratio over time.
Peer comparison
Dec 31, 2023