Stryker Corporation (SYK)

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	3,888,000	3,445,000	3,322,000	3,129,000	2,841,000	2,846,000	2,612,000	2,572,000	2,584,000	2,514,000	2,799,000	2,047,000	2,223,000	2,418,000	2,187,000	2,820,000	2,713,000	2,467,000	2,415,000	2,474,000
Interest expense (ttm)	US$ in thousands	56,000	109,000	117,000	169,000	174,000	121,000	113,000	61,000	0	0	0	0	0	287,000	574,000	861,000	1,148,000	1,125,000	1,102,000	1,079,000
Interest coverage		69.43	31.61	28.39	18.51	16.33	23.52	23.12	42.16	—	—	—	—	—	8.43	3.81	3.28	2.36	2.19	2.19	2.29

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $3,888,000K ÷ $56,000K
= 69.43

I'm sorry, but without specific data on interest expenses and earnings before interest and taxes (EBIT) for Stryker Corp. in the given quarters, I'm unable to calculate or provide an analysis of the interest coverage ratio. This ratio is typically used to assess a company's ability to meet its interest obligations from its operating income. Please provide the necessary financial figures for a more in-depth analysis.