Q2 Holdings (QTWO)
Interest coverage
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -25,921 | -56,090 | -110,899 | -89,932 | -122,058 |
| Interest expense | US$ in thousands | 4,939 | 5,732 | 6,676 | 33,071 | 28,646 |
| Interest coverage | -5.25 | -9.79 | -16.61 | -2.72 | -4.26 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $-25,921K ÷ $4,939K
= -5.25
Peer comparison
Dec 31, 2024
Company name
Symbol
Interest coverage
Q2 Holdings
QTWO
-5.25
Bentley Systems Inc
BSY
12.83
Guidewire Software Inc
GWRE
4.74