Dandot Cement - DNCC - Stock Price and Chart
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DNCC Stock Price and Chart

Dandot Cement

Change: Rs. -0.01 (-0.00%)

2020-11-24
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8.41 8.40 8.40 8.41 1,500

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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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