Under Armour Inc A (UAA)

Interest coverage

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Dec 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands 229,751 263,586 526,808 486,290
Interest expense US$ in thousands 18,091
Interest coverage 26.88

March 31, 2025 calculation

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

The interest coverage ratio for Under Armour Inc A as of December 31, 2021, stands at 26.88. This indicates that the company's operating income is more than sufficient to cover its interest expenses 26.88 times over. An interest coverage ratio of 26.88 signifies a healthy financial position in terms of the ability to meet interest obligations. However, as there is no data available for subsequent periods (March 31, 2022 to March 31, 2025), it is unclear how the company's coverage ratio may have evolved since then. It would be important to monitor future financial reports to assess changes in Under Armour Inc A's interest coverage and ensure continued financial stability.