United Distrib.(Pak) - UDPL - Stock Price and Chart
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UDPL Stock Price and Chart

United Distrib.(Pak)

Change Rs. 0.00 (0.00%)

2019-08-21
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29.50 29.50 29.50 29.50 500

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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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