Stryker Corporation (SYK)

Interest coverage

		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	Jun 30, 2020	Mar 31, 2020
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	3,689,000	4,365,000	4,211,000	4,125,000	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
Interest expense (ttm)	US$ in thousands	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest coverage		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $3,689,000K ÷ $0K
= —

The provided data for Stryker Corporation's interest coverage ratio is not available for the period March 31, 2020, through December 31, 2024. The interest coverage ratio is a financial metric used to evaluate a company's ability to pay its interest expenses on outstanding debt. It is calculated by dividing the Earnings Before Interest and Taxes (EBIT) by the amount of interest expense incurred.

Without specific values for EBIT and interest expense, it is not possible to calculate or analyze the interest coverage ratio for Stryker Corporation over the specified period. The interest coverage ratio is an important indicator of a company's financial health, as a higher ratio indicates a stronger ability to cover interest payments and suggests lower financial risk.

In the absence of the necessary financial data, a thorough assessment of Stryker Corporation's interest coverage ratio and its implications on the company's financial position and performance cannot be provided at this time.