TechTarget Inc (TTGT)
Interest coverage
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -2,269 | 56,693 | 34,354 | 22,821 | 22,739 |
| Interest expense | US$ in thousands | 2,443 | 2,600 | 26,833 | 356 | 9 |
| Interest coverage | -0.93 | 21.80 | 1.28 | 64.10 | 2,526.56 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $-2,269K ÷ $2,443K
= -0.93
As the interest coverage ratios for Techtarget Inc. are not provided in the table, we are unable to assess the company's ability to meet interest payment obligations using this specific metric. In order to determine the interest coverage ratio for each year, we would require the values of operating income and interest expenses for those respective periods. The interest coverage ratio is calculated by dividing operating income by interest expenses and serves as a measure of a company's ability to cover interest payments with its operating income. Without this data, a comprehensive analysis of Techtarget Inc.'s interest coverage based on the provided table is not feasible.
Peer comparison
Dec 31, 2023