Quidel Corporation (QDEL)
Interest coverage
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 139,100 | 843,700 |
| Interest expense | US$ in thousands | 3,300 | 2,100 |
| Interest coverage | 42.15 | 401.76 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $139,100K ÷ $3,300K
= 42.15
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Quidel Corporation
QDEL
42.15
IDEXX Laboratories Inc
IDXX
26.52
Lantheus Holdings Inc
LNTH
21.53
Myriad Genetics Inc
MYGN
-89.41
Neogen Corporation
NEOG
0.19