Powell Industries Inc (POWL)
Interest coverage
Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 62,520 | 7,224 | 1,296 | 20,558 | 12,564 |
Interest expense | US$ in thousands | — | 334 | 204 | 228 | 230 |
Interest coverage | — | 21.63 | 6.35 | 90.17 | 54.63 |
September 30, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $62,520K ÷ $—K
= —
I'm sorry, but I'm unable to provide the specific interest coverage ratio for Powell Industries, Inc. based on the data provided. In order to calculate the interest coverage ratio, I would need to know the company's operating income and interest expense for the respective years. The interest coverage ratio measures a company's ability to meet its interest payments on outstanding debt, with a higher ratio indicating a greater ability to do so. If you have this additional financial data, I can certainly assist in calculating and analyzing the interest coverage ratio for Powell Industries, Inc.
Peer comparison
Sep 30, 2023