Proto Labs Inc (PRLB)
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 | 28,167 | -97,983 | 40,342 | 59,836 | 79,856 |
| Interest expense | US$ in thousands | 1,055 | 95 | 9 | 2 | 0 |
| Interest coverage | 26.70 | -1,031.40 | 4,482.44 | 29,918.00 | — |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $28,167K ÷ $1,055K
= 26.70
Unfortunately, the data provided for Proto Labs Inc does not include the interest coverage ratio for the years ending in December 2019, 2020, 2021, 2022, and 2023. The interest coverage ratio is a measure of a company's ability to meet its interest obligations with its operating income. Without this specific data, a detailed analysis cannot be conducted on Proto Labs Inc's trend in interest coverage ratio over the specified years. For a comprehensive assessment, the specific interest expenses and operating income figures for each year would need to be available to calculate the interest coverage ratio.
Peer comparison
Dec 31, 2023