Yelp Inc (YELP)
Interest coverage
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 79,043 | 87,412 | 58,963 | 56,222 | 58,353 | 44,562 | 52,783 | 35,701 | 31,514 | 26,400 | 14,080 | -20,188 | -38,795 | -35,628 | -35,403 | 12,143 | 35,511 | 30,587 | 31,418 | 26,842 |
| Interest expense (ttm) | US$ in thousands | -5,212 | -2,676 | -669 | -140 | 6,072 | 3,569 | 1,593 | 1,098 | 116 | 114 | 90 | 247 | 2,335 | 4,686 | 7,509 | 11,061 | 13,329 | 15,145 | 16,020 | 15,554 |
| Interest coverage | — | — | — | — | 9.61 | 12.49 | 33.13 | 32.51 | 271.67 | 231.58 | 156.44 | -81.73 | -16.61 | -7.60 | -4.71 | 1.10 | 2.66 | 2.02 | 1.96 | 1.73 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $79,043K ÷ $-5,212K
= —
Based on the provided data, we can observe that Yelp Inc's interest coverage ratio has not been reported for Q4 2023, Q3 2023, Q2 2023, and Q1 2023. However, for Q1 2022, the interest coverage ratio was 469.91.
The interest coverage ratio indicates the company's ability to meet its interest obligations with its operating income. An interest coverage ratio of 469.91 for Q1 2022 suggests that Yelp Inc had a strong ability to cover its interest expenses with its operating income during that period.
It is important to note that without the data for the subsequent quarters of 2022 and 2023, a trend analysis or comparison with industry peers cannot be conducted. It would be beneficial to monitor Yelp Inc's interest coverage ratio in future quarters to assess any potential changes in its ability to meet its interest obligations.
Peer comparison
Dec 31, 2023