Scotts Miracle-Gro Company (SMG)
Interest coverage
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 235,400 | 218,100 | 144,500 | 135,300 | -106,300 | -229,000 | -294,800 | -275,000 | 9,000 | -635,800 | -450,600 | -439,900 | -244,800 | 625,700 | 665,900 | 756,000 | 819,900 | 781,500 | 714,500 | 590,200 |
| Interest expense (ttm) | US$ in thousands | 135,100 | 142,200 | 149,700 | 158,800 | 165,700 | 174,000 | 178,200 | 178,100 | 173,100 | 157,000 | 137,000 | 118,100 | 104,700 | 95,600 | 86,600 | 78,900 | 72,000 | 70,400 | 73,800 | 77,700 |
| Interest coverage | 1.74 | 1.53 | 0.97 | 0.85 | -0.64 | -1.32 | -1.65 | -1.54 | 0.05 | -4.05 | -3.29 | -3.72 | -2.34 | 6.54 | 7.69 | 9.58 | 11.39 | 11.10 | 9.68 | 7.60 |
June 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $235,400K ÷ $135,100K
= 1.74