what is interest coverage ratio
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Appreciation of the poem 'The Plate of Gold'
Theme: The poem gives us the message that God bestows his love, on only those who truly care for their fellow human beings. ... Inversion: One day there fell in great Benares' temple-court a wondrous plate of gold, whereon these words were writ.
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The interest coverage ratio measures how many times a company can cover its current interest payment with its available earnings. ... The ratio is calculated by dividing a company's earnings before interest and taxes (EBIT) by the company's interest expenses for the same period.
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