Under Armour Inc C (UA)

Interest coverage

Mar 31, 2025 Mar 31, 2024 Dec 31, 2023 Mar 31, 2023 Dec 31, 2022
Earnings before interest and tax (EBIT) US$ in thousands 229,751 263,586 283,811
Interest expense US$ in thousands 12,826
Interest coverage 22.13

March 31, 2025 calculation

Interest coverage = EBIT ÷ Interest expense
= $—K ÷ $—K
= —

Based on the available data, the interest coverage ratio for Under Armour Inc C as of December 31, 2022, is 22.13. This indicates that the company's earnings before interest and taxes are more than sufficient to cover its interest expenses 22.13 times over, signifying a strong ability to meet its interest payment obligations. However, as data for subsequent periods is unavailable, further analysis is required to assess the trend and sustainability of the company's interest coverage over time.