NOPAT Less CapEx to Interest Expense
NOPAT less CapEx to Interest Expense is a financial metric that looks at a company's operating cash flow after taxes and capital expenditures, relative to its interest expense. Essentially, it measures the company's ability to cover its interest payments using its own cash generated from operations, after accounting for capital expenditures. A higher ratio indicates that the company is generating sufficient cash flow to cover its interest expenses and fund its capital investments. This metric is often used by investors and analysts to determine a company's financial health and its ability to service its debt obligations.
Additional Details
| Metric Name |
Type |
Default Period Type |
| nopat_less_capex_to_int_ex |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
perc |
float |