Steven Madden Ltd (SHOO)
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 | 213,222 | 281,644 | 243,597 | -31,605 | 176,814 |
| Interest expense | US$ in thousands | 7,392 | 676 | 1,529 | 160,832 | 4,099 |
| Interest coverage | 28.84 | 416.63 | 159.32 | -0.20 | 43.14 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $213,222K ÷ $7,392K
= 28.84
Based on the provided data, the interest coverage ratio for Steven Madden Ltd. between 2019 and 2023 is not available. Without this specific financial metric, it is not possible to assess the company's ability to cover its interest payments from its operating income. It is essential for stakeholders to access this information to understand the company's financial health and its capacity to meet its debt obligations.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
Steven Madden Ltd
SHOO
28.84
Caleres Inc
CAL
648.18
Skechers USA Inc
SKX
32.10
Wolverine World Wide Inc
WWW
-31.00