NOPAT to Interest Expense
The financial metric "NOPAT to Interest Expense" for a company is a measure of a company's ability to pay its interest expenses out of its operating income. It is calculated by dividing the company's net operating profit after taxes (NOPAT) by its interest expense. A higher NOPAT to Interest Expense ratio indicates that the company is generating enough operating income to cover its interest expenses, which is typically seen as a positive sign by investors and analysts.
Additional Details
| Metric Name |
Type |
Default Period Type |
| nopat_to_interest_ex |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
perc |
float |