Uniti Group Inc (UNIT)
Interest coverage
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) | US$ in thousands | 567,987 | 331,823 | 344,171 | 287,393 | -565,172 |
Interest expense | US$ in thousands | 511,364 | 512,349 | 376,832 | 446,296 | 497,128 |
Interest coverage | 1.11 | 0.65 | 0.91 | 0.64 | -1.14 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $567,987K ÷ $511,364K
= 1.11