WD-40 Company (WDFC)

Interest coverage

May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 100,672 99,352 96,706 95,795 95,627 94,567 96,122 90,777 86,320 79,320 81,967 86,850 79,695 88,251 84,060 88,894 103,683 96,017 93,176 79,320
Interest expense (ttm) US$ in thousands 3,732 4,027 4,014 4,287 4,682 5,097 5,591 5,614 5,108 4,180 3,291 2,742 2,502 2,448 2,445 2,395 2,421 2,584 2,567 2,439
Interest coverage 26.98 24.67 24.09 22.35 20.42 18.55 17.19 16.17 16.90 18.98 24.91 31.67 31.85 36.05 34.38 37.12 42.83 37.16 36.30 32.52

May 31, 2025 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $100,672K ÷ $3,732K
= 26.98