Skechers USA Inc (SKX)
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 | 719,148 | 688,758 | 608,925 | 534,967 | 485,923 | 463,462 | 479,914 | 538,485 | 510,428 | 490,460 | 446,428 | 196,514 | 123,385 | 150,136 | 194,100 | 359,583 | 442,813 | 432,082 | 412,962 | 375,907 |
| Interest expense (ttm) | US$ in thousands | 22,400 | 22,400 | 21,800 | 20,400 | 19,800 | 18,200 | 16,400 | 15,200 | 14,800 | 15,672 | 17,015 | 18,419 | 16,318 | 13,752 | 11,121 | 8,222 | 7,500 | 7,299 | 6,486 | 6,045 |
| Interest coverage | 32.10 | 30.75 | 27.93 | 26.22 | 24.54 | 25.46 | 29.26 | 35.43 | 34.49 | 31.30 | 26.24 | 10.67 | 7.56 | 10.92 | 17.45 | 43.73 | 59.04 | 59.20 | 63.67 | 62.18 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $719,148K ÷ $22,400K
= 32.10
As the table does not provide specific data on interest expense and earnings, the interest coverage ratio for Skechers U S A, Inc. cannot be calculated for each quarter presented. The interest coverage ratio is typically computed by dividing a company's earnings before interest and taxes (EBIT) by its interest expense. A higher ratio indicates a greater ability to meet interest obligations from operating earnings. Without the necessary figures for both EBIT and interest expense, a thorough analysis of Skechers U S A, Inc.'s interest coverage cannot be made based on the data provided.
Peer comparison
Dec 31, 2023