US Physicalrapy Inc (USPH)
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 | 63,213 | 52,061 | 56,801 | 70,649 | 52,413 |
| Interest expense | US$ in thousands | 422 | 420 | 305 | 942 | 1,634 |
| Interest coverage | 149.79 | 123.95 | 186.23 | 75.00 | 32.08 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $63,213K ÷ $422K
= 149.79
US Physicalrapy Inc's interest coverage has shown a positive trend over the last five years, indicating a strong ability to meet its interest payment obligations. The interest coverage ratio has increased from 32.08 in December 31, 2020, to 149.79 in December 31, 2024. This suggests that the company's operating income is significantly higher than its interest expense, providing a comfortable cushion to cover interest payments. The substantial improvement in the interest coverage ratio reflects improved financial health and reduced financial risk for US Physicalrapy Inc.
Peer comparison
Dec 31, 2024
Company name
Symbol
Interest coverage
US Physicalrapy Inc
USPH
149.79
Privia Health Group Inc
PRVA
2.47