Cart is empty It is determined by dividing the earnings before interest and taxes (EBIT) with the interest expenses payable by the company during the same period. We have already seen that monetary policy refers to the actions undertaken by a nation’s central ba ...
Interest Coverage Ratio ICR: What’s Considered a Good Number?
This can keep it from accessing more debt if it needs it for expansions, research and development, or other growth-related investments; it also can keep it from paying down existing debt principles. The interest coverage ratio is an important figur ...
