Triumph Group Inc (TGI)
Interest coverage
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 95,677 | 116,998 | 98,026 | -276,632 |
| Interest expense | US$ in thousands | 87,628 | 123,021 | 137,714 | 135,861 | 171,397 |
| Interest coverage | 0.00 | 0.78 | 0.85 | 0.72 | -1.61 |
March 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $—K ÷ $87,628K
= 0.00
Interest coverage is a crucial financial ratio that indicates a company's ability to meet its interest obligations. Triumph Group Inc's interest coverage ratio has been fluctuating over the past five years. The ratio was negative at -1.61 as of March 31, 2021, which implies that the company did not generate enough operating income to cover its interest expenses. Over the next few years, the interest coverage improved but remained consistently below 1, indicating ongoing challenges in meeting interest payments from operating profits. The ratio hit its lowest point in March 31, 2025, standing at 0.00, suggesting that Triumph Group Inc may have faced significant difficulties in covering its interest expenses solely from its operating income. This trend raises concerns about the company's financial health and ability to manage its debt obligations effectively.
Peer comparison
Mar 31, 2025