Proto Labs Inc (PRLB)
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 | 28,167 | -97,360 | -101,717 | -102,124 | -97,983 | 32,199 | 33,068 | 43,971 | 40,342 | 38,283 | 49,025 | 47,272 | 59,836 | 68,407 | 72,011 | 77,233 | 79,856 | 80,449 | 84,207 | 86,618 |
| Interest expense (ttm) | US$ in thousands | 2,580 | 67,861 | 67,885 | 67,886 | 66,896 | 325 | 301 | 300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest coverage | 10.92 | -1.43 | -1.50 | -1.50 | -1.46 | 99.07 | 109.86 | 146.57 | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $28,167K ÷ $2,580K
= 10.92
I'm sorry, but without specific data on interest expenses and operating income for each quarter provided in the table, I am unable to calculate the interest coverage ratio for Proto Labs Inc. The interest coverage ratio is typically calculated by dividing a company's Earnings Before Interest and Taxes (EBIT) by its Interest Expense. This ratio helps investors assess the company's ability to meet its interest obligations with its operating income. If you can provide the necessary financial information, I would be happy to help you calculate and analyze the interest coverage ratio for Proto Labs Inc.
Peer comparison
Dec 31, 2023