Akzo Nobel Pakistan - AKZO - Stock Price and Chart
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AKZO Stock Price and Chart

Akzo Nobel Pakistan

Change Rs. -0.87 (-0.00%)

2020-02-21
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278.01 277.14 275.00 281.50 132,200

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Interest Coverage Ratio

What you Need ?

Income Statement

Formula

Interest Coverage Ratio = EBIT / Interest Expense

Meaning

Both EBIT (aka, operating income) and interest expense are found on the income statement. The interest coverage ratio, also known as times interest earned (TIE), is a measure of how well a company can meet its interest payment obligations. If a company can't make enough to make interest payments, it will be forced into bankruptcy. Anything lower than 1.0 is usually a sign of trouble.

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Based on 2020-02-20 data
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Hafiz Rashid
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