Financial Education

Interest Coverage

EBIT or EBITDA / Interest Expense

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Fundamental

Interest Coverage

EBIT or EBITDA / Interest Expense

Definition

Interest coverage measures ability to pay interest on debt. Ratio above 2-3x is generally comfortable. Low coverage increases default risk. Formula: EBIT / Interest Expense.

Related Topics

#debt service #credit risk #financial health #leverage analysis

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Category: Fundamental

Fundamental analysis examines a company's financial health, management quality, and market position to determine intrinsic value.

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