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General Electric Company  (GE)
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Cumulative General Electric's Interest Coverage ratios

GE's Interest expense and Ebitda growth



GE Interest Coverage (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Interest expense Change -29.02 % -26.67 % -32.23 % -33.74 % -2.11 %
Y / Y Ebitda Change -16.23 % 13.69 % 161.52 % 432.06 % -
Interest Coverage (TTM) 11.97 11.25 10.28 8.48 4.08
Total Ranking # 67 # 42 # 674 # 904 # 1377
Seq. Interest expense Change 3.5 % 7.12 % -0.74 % -35.49 % 6.92 %
Seq. Ebitda Change 155.08 % -48.66 % -70.17 % 114.46 % 246.17 %




Interest Coverage in the fourth quarter 2023 Comment
General Electric's interest coverage sequentially grew from the third quarter 2023 to 11.97in the fourth quarter 2023, a new company high. Due to increase of ebitda in the fourth quarter 2023 by 155.08%.

Within Consumer Discretionary sector 8 other companies have achieved higher interest coverage ratio during the Q4 2023. While interest coverage ratio total ranking has deteriorated in the fourth quarter 2023 compare to the third quarter 2023 from 42 to 67.

What is Interest Coverage Ratio?
Source of General Electric Company sales

Interest Coverage Company Ranking
Within: No.
Industry # 1
Sector # 9
S&P 500 # 67


Interest Coverage Statistics
High Average Low
11.97
2.99
-4.03
(Dec 31 2023)   (Sep 30 2018)





Financial Statements
General Electric's Interest expense $ 296 Millions Visit GE's Income Statement
General Electric's Ebitda $ 2,839 Millions Visit GE's Income Statement
Where are GE's Sales coming from? Visit GE's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Dec 31 2023, within Consumer Discretionary Sector Interest Coverage Ratio EBITDA 12 months ending Dec 31 2023Interest net 12 months ending Dec 31 2023
Ralph Lauren Corporation  32.88 $ 917.400  Millions$ 27.900  Millions
Arrow Electronics Inc   3.09 $ 1,016.746  Millions$ 328.724  Millions

Date modified: 2024-02-03T10:25:38+00:00



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