EBIT Less CapEx to Interest Expense

EBIT (Earnings Before Interest and Taxes) Less CapEx (Capital Expenditures) to Interest Expense is a financial metric used to determine a company's ability to cover its interest expenses with its earnings after subtracting capital expenditures. This metric is also known as the Cash Return on Investment Capital (CROIC).

In simple terms, it measures how much a company is earning after deducting capital expenditures and how much of that is available to cover the interest expenses. A higher EBIT Less CapEx to Interest Expense ratio indicates that the company is generating more cash from earnings to cover its interest payments, which is a positive sign for investors.

Additional Details

Metric Name	Type	Default Period Type
ebit_less_capex_to_interest_ex	fin_metric	FY

Formatting Details

Data Format	Display Format	Unit
float	perc	float