interest coverage ratio — An alternative term for *interest cover … Auditor's dictionary
interest cover — An accounting ratio, measuring the level of a company s profits relative to its interest charge in the profit and loss account. It is usually defined as profits before interest and tax divided by interest charges, but the precise definition will… … Financial and business terms
interest cover — fixed charge–coverage ratio A ratio showing the number of times interest charges are covered by earnings before interest and tax. For example, a company with interest charges of £12 million and earnings before interest and tax of £36 million… … Accounting dictionary
interest cover — fixed charge coverage ratio A ratio showing the number of times interest charges are covered by earnings before interest and tax (see EBIT). For example, a company with interest charges of £12 million and earnings before interest and tax of £36… … Big dictionary of business and management
interest cover — The extent to which an organization’s *interest expenses are covered by its income before interest and taxation. The ratio is a measurement of an organization’s *leverage, and it can indicate the vulnerability of an organization in meeting… … Auditor's dictionary
EBITDA-To-Interest Coverage Ratio — A ratio that is used to assess a company s financial durability by examining whether it is at least profitably enough to pay off its interest expenses. A ratio greater than 1 indicates that the company has more than enough interest coverage to… … Investment dictionary
interest coverage — UK US noun [U] (also interest cover) FINANCE ► a measure of the ability of a company s profits to make the interest payments on its debt: »A company with stable earnings requires a lower level of interest coverage than one with highly variable… … Financial and business terms
cover — Used to indicate the repurchase of previously sold contracts as, he covered his short position. Short covering is synonymous with liquidating a short position or evening up a short position. The CENTER ONLINE Futures Glossary The amount above… … Financial and business terms
ratio covenant — A form of covenant in a loan agreement that includes conditions relating to such ratios as the gearing ratio and interest cover. Breaching such a covenant could indicate significant deterioration in the company s business or a major change in its … Accounting dictionary
ratio covenant — A form of covenant in a loan agreement that includes conditions relating to such ratios as the gearing ratio and interest cover Breaching such a covenant could indicate significant deterioration in the company s business or a major change in its… … Big dictionary of business and management
