Vicor Corporation (VICR)

Interest coverage

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before interest and tax (EBIT)	US$ in thousands	51,358	27,201	55,602	17,368	13,821
Interest expense	US$ in thousands	—	1,056	12,904	12,137	11,389
Interest coverage		—	25.76	4.31	1.43	1.21

December 31, 2023 calculation

Interest coverage = EBIT ÷ Interest expense
= $51,358K ÷ $—K
= —

Based on the provided data, it appears that the interest coverage ratio for Vicor Corp. is not available for the years 2019, 2020, 2021, 2022, and 2023. The absence of this ratio makes it challenging to assess the company's ability to cover its interest expenses with its operating income. It is crucial for investors and stakeholders to have access to this ratio to evaluate the company's financial health and risk management related to debt obligations. In the absence of specific figures, further analysis or disclosures would be necessary to understand the firm's debt-servicing capabilities.

Peer comparison

Dec 31, 2023

Company name

Symbol

Interest coverage

Vicor Corporation

VICR

—

Advanced Energy Industries Inc