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Sanofi, a healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally. The company provides immunolo...
The following section summarizes insights on Sanofi L's Interest Coverage Ratio:
We've identified the following companies as similar to Sanofi L because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
Name | Ticker | Interest Coverage Ratio |
---|---|---|
Healthcare | SECTOR:HLTH.FR | -8.0x |
Bayer AG | DB:BAYN | 3.8x |
AstraZeneca | DB:ZEG | 9.2x |
GSK plc | DB:GS71 | 10.1x |
Sanofi L | LSE:0O59 | 13.8x |
Roche Holding AG | SWX:RO | 15.7x |
Novartis AG | SWX:NOVN | 16.2x |
Merck KGaA | DB:MRK | 17.8x |
Merck & Co Inc | DB:6MK | 19.6x |
Dr. Reddy's Laboratories Limited | DB:RDDA | 25.5x |
Ipsen SA | ENXTPA:IPN | 36.4x |
H. Lundbeck A/S | DB:LDBB | 38.8x |
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Interest Coverage Ratio in the risk category include:
A ratio used to assess a firm's ability to pay interest expenses based on operating profits (EBIT).
Interest Coverage Ratio is defined as:
Interest Coverage Ratio = EBIT / Interest Expense
Interest Coverage Ratio for Sanofi is calculated as follows:
EBIT [ 8.869 B ]
(/) Interest Expense [ 641 M ]
(=) Interest Coverage Ratio [ 13.8x ]
The tables below summarizes the trend in Sanofi’s interest coverage ratio over the last five years:
Fiscal Year | EBIT | Interest Expense | Interest Coverage Ratio |
---|---|---|---|
2020-12-31 | 7.579 B | 459 M | 16.5x |
2021-12-31 | 8.565 B | 362 M | 23.7x |
2022-12-31 | 10.381 B | 402 M | 25.8x |
2023-12-31 | 8.121 B | 589 M | 13.8x |
2024-12-31 | 8.869 B | 641 M | 13.8x |
The tables below summarizes the trend in Sanofi’s interest coverage ratio over the last four quarters:
Fiscal Quarter | EBIT | Interest Expense | Interest Coverage Ratio |
---|---|---|---|
2024-03-31 | 2.032 B | 253 M | 8.0x |
2024-06-30 | 1.628 B | 54 M | 30.1x |
2024-09-30 | 4.079 B | 265 M | 15.4x |
2024-12-31 | 1.598 B | 235 M | 6.8x |
Times Interest Earned or Interest Coverage measures a company’s ability to meet its debt obligations. If the interest coverage is below 1, the company is not generating enough earnings from its operations to meet interest obligations and indicates that the company is probably using its cash balance or additional borrowings to cover the shortfall. A ratio near 2.5x warrants a closer look.
Earnings before interest and taxes, or EBIT, used in the numerator is adjusted for one-time and non-recurring items to present a clearer view of future earnings. Interest expense can be found on the Income Statement and is used in the denominator.
The chart above depicts the distribution of interest coverage ratio for companies operating in the Healthcare sector in the Developed economic region. Over 1,860 companies were considered in this analysis, and 1,794 had meaningful values. The average interest coverage ratio of companies in the sector is -70.4x with a standard deviation of 260.0x.
Sanofi L's Interest Coverage Ratio of 13.8x ranks in the 88.4% percentile for the sector. The following table provides additional summary stats:
Economic Risk Region | Developed |
Total Constituents | 1,868 |
Included Constituents | 1,794 |
Min | -2,362.6x |
Max | 328.7x |
Median | -4.1x |
Mean | -70.4x |
Standard Deviation | 260.0x |
You can find companies with similar interest coverage ratio using this stock screener.