TechTarget Inc (TTGT)

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	-2,269	9,950	27,861	46,326	56,693	60,244	48,996	41,815	34,354	28,176	27,516	22,457	22,820	22,297	22,736	21,949	22,740	21,624	18,097	18,402
Interest expense (ttm)	US$ in thousands	2,443	3,271	2,575	2,587	2,600	27,631	27,365	27,099	26,833	1,520	1,132	744	356	9	9	9	9	221	246	272
Interest coverage		-0.93	3.04	10.82	17.91	21.80	2.18	1.79	1.54	1.28	18.54	24.31	30.18	64.10	2,477.44	2,526.22	2,438.78	2,526.67	97.85	73.57	67.65

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $-2,269K ÷ $2,443K
= -0.93

Based on the provided data, it appears that the interest coverage ratio for Techtarget Inc. is not available for the specified quarters of 2023 and 2022. Without this specific information, it is not possible to determine how well the company is able to meet its interest obligations through its operating profit. It is important for investors and analysts to have access to this ratio as it provides insight into the company's financial health and ability to service its debt. An interest coverage ratio below 1 indicates that the company may have difficulty meeting its interest payments, while a ratio above 1 signifies the company can comfortably cover its interest expenses.