Please calculate the times interest earned ratio on 06/30/21 and 03/31/21 using the following formula.
* The time interest earned = EBIT / interest expenses
* Compute EBIT using "EBIT = Sales - Cost of Goods Sold - Expenses - Depriciation
Breakdown TTM 6/30/2021 3/31/2021 12/31/2020 9/30/2020 6/30/2020 Total Revenue 89,190,000 23,312,000 22,321,000 22,475,000 21.082.000 18,336,000 Operating Revenue 89,190,000 23,312.000 22,321,000 22,475,000 21,082,000 18,336,000 Cost of Revenue 29,436,000 7,587,000 7,063,000 7.814,000 6,972,000 6,579,000 Gross Profit 59,754,000 15,725,000 15.258,000 14,661,000 14,110,000 11,757,000 Operating Expense 36,837,000 9,467,000 8,610,000 10,489,000 8,271,000 7,700,000 Selling General and Administrati.. 23,393,000 6,073,000 5,432,000 6,457,000 5,431,000 4,993,000 Research & Development 13,444,000 3,394,000 3,178,000 4,032,000 2,840,000 2,707,000 Operating Income 22,917,000 6,258,000 6,648,000 4,172,000 5,839,000 4,057,000 Net Non Operating Interest Inc. -182,000 -28,000 -48,000 -74,000 -32,000 -26,000 Interest Income Non Operating 52,000 12.000 15,000 13,000 12.000 19,000 Interest Expense Non Operating 234.000 40,000 63,000 87,000 44,000 45,000 Total Other Finance Cost 28.000 48,000 74,000 32,000 26,000 Other Income Expense -2,596,000 432,000 829,000 -2,496,000 -1,406,000 -91.000 Gain on Sale of Security 500,000 Special Income Charges -412,000 -56,000 -53,000 1,103,000 -1,606,000 -667,000 Restructuring & Mergers Acq.. 237,000 56,000 53,000 1,160,000 -32,000 61,000 Other Special Charges -2,163,000 1,638,000 606,000 Other Non Operating Income Ex. -2,184,000 488,000 882,000 -3.399,000 200,000 76,000 Pretax Income 20,139,000 6,662,000 7,429,000 1,647,000 4,401,000 3,940,000 Tax Provision 2,372,000 384,000 1,232,000 -91.000 847,000 314,000 Net Income Common Stockhold... 17,767,000 6,278,000 6,197,000 1,738,000 3,554,000 3,626,000 Net Income 17,767,000 6,278,000 6.197.000 1,738,000 3,554,000 3,626,000 Net Income including Non.. 17,767,000 6,278,000 6,197,000 1,738,000 3,554,000 3,626,000 Net Income Continuous Op.. 17,767,000 6,278,000 6,197,000 1,738,000 3,554,000 3,626.000 Diluted NI Available to Com Stockh... 17,767,000 6,278,000 6,197,000 1,738,000 3,554,000 3,626,000 Basic EPS 2 38 2.35 0.66 1.35 1.38 Diluted EPS 235 2.32 0.65 1.33 1.36 Basic Average Shares 2,631,989 2,632,702 2,632,512 2,632,167 2,632.377 Diluted Average Shares 2,671,600 2,672,700 2,669,200 2,669,300 2,665,500 Total Expenses 66,273,000 17,054,000 15,673,000 18,303,000 15,243,000 14,279,000 Net Income from Continuing & Dis. 17,767.000 6,278,000 6,197,000 1.738,000 3,554,000 3,626,000 Normalized Income 18,130,474 6,330,772 6,241,202 1,196,200 4,850,915 3,779,691 Interest Income 52,000 12.000 15,000 13,000 12.000 19,000 Interest Expense 234.000 40.000 63,000 87.000 44,000 45,000 Net Interest Income -182,000 -28,000 -48,000 -74,000 -32,000 -26,000 EBIT 20,373,000 6,702,000 7,492,000 1,734,000 4,445,000 3,985,000 EBITDA 27,864,000 Reconciled Cost of Revenue 29,436,000 7.587.000 7.063.000 7,814,000 6,972,000 6.579.000 Reconciled Depreciation 7.491,000 1,839,000 1,894,000 1.940,000 1,818,000 1,726,000 Net Income from Continuing Oper... 17,767,000 6,278,000 6,197,000 1,738,000 3,554,000 3,626,000 Total Unusual Items Excluding Goo... -412,000 -56,000 -53,000 903,000 -1,606,000 -167,000 Total Unusual Items -412,000 -56,000 -53,000 903,000 -1,606,000 -167,000 Normalized EBITDA 28,276,000 8,597,000 9,439,000 2.771,000 7,869,000 5,878,000 Tax Rate for Calcs 0 0 0 0 0 0 Tax Effect of Unusual Items -48,526 -3,228 3.228 -8,798 361,200 -309,085 -13,309
