Steven Madden Ltd (SHOO)
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 | 213,222 | 213,046 | 209,060 | 230,259 | 281,644 | 321,304 | 330,970 | 313,449 | 243,597 | 185,523 | 94,107 | 22,687 | -31,605 | -33,468 | 37,571 | 105,906 | 176,814 | 182,371 | 184,534 | 181,485 |
| Interest expense (ttm) | US$ in thousands | -8 | 562 | 1,902 | 1,237 | 3,258 | 3,201 | 2,063 | 1,549 | 1,529 | 79,386 | 144,921 | 145,059 | 162,662 | 85,810 | 20,381 | 25,843 | 8,655 | 8,546 | 8,354 | 2,975 |
| Interest coverage | — | 379.09 | 109.92 | 186.14 | 86.45 | 100.38 | 160.43 | 202.36 | 159.32 | 2.34 | 0.65 | 0.16 | -0.19 | -0.39 | 1.84 | 4.10 | 20.43 | 21.34 | 22.09 | 61.00 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $213,222K ÷ $-8K
= —
Based on the data provided, it appears that the interest coverage ratio for Steven Madden Ltd. is not available for any of the mentioned quarters in 2023 and 2022. This indicates a lack of information regarding the company's ability to cover its interest expenses with operating income during those periods.
It is essential for stakeholders to have access to this ratio to assess the company's financial health and its capacity to meet its interest obligations. Not having this information may signal a limitation in evaluating Steven Madden Ltd.'s leverage risk and financial stability. Stakeholders should consider seeking additional data or clarification from the company to obtain a more comprehensive understanding of its interest coverage ratio.
Peer comparison
Dec 31, 2023