EBIT to Interest Expense
The financial metric "EBIT to Interest Expense" is a measure of a company's ability to cover its interest payments with its earnings before interest and taxes (EBIT). It is calculated by dividing a company's EBIT by its interest expense. A high EBIT to Interest Expense ratio indicates that a company is generating enough earnings to cover its interest payments, while a low ratio may indicate that the company is struggling to do so. This metric is important for investors to understand a company's ability to manage its debt and meet its financial obligations.
Additional Details
| Metric Name |
Type |
Default Period Type |
| ebit_to_interest_ex |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
perc |
float |