Xencor Inc (XNCR)
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 | -138,639 | -82,473 | 43,767 | -76,797 | 13,824 |
| Interest expense | US$ in thousands | — | 36,764 | 7,491 | — | 17,661 |
| Interest coverage | — | -2.24 | 5.84 | — | 0.78 |
December 31, 2023 calculation
Interest coverage = EBIT ÷ Interest expense
= $-138,639K ÷ $—K
= —
As the table indicates, there is no data provided for Xencor Inc's interest coverage ratio for the years 2019 through 2023. The interest coverage ratio is a key financial metric used to assess a company's ability to cover its interest expenses with its earnings before interest and taxes (EBIT). Without this information, it is difficult to evaluate the company's ability to meet its interest obligations and assess its financial health. It is recommended that further data be obtained or alternative financial metrics be examined to gain a comprehensive understanding of Xencor Inc's financial performance and risk management related to interest expenses.
Peer comparison
Dec 31, 2023