Calculateur du Ratio de Couverture des Intérêts — Formule

How to Calculate Interest Coverage Ratio

Formula

Interest Coverage = EBIT / Interest Expense

This ratio focuses solely on interest payments, ignoring principal repayment. It tells you how many times over a company can pay its interest bill from operating earnings. A ratio below 1.5 raises red flags, while ratios above 3.0 indicate comfortable coverage. Creditors and bond-rating agencies rely heavily on this metric when assessing creditworthiness.

Exemple Résolu

A company reports $400,000 EBIT and $80,000 in annual interest expense.

  1. Interest Coverage = $400,000 / $80,000 = 5.0
  2. EBIT After Interest = $400,000 - $80,000 = $320,000
  3. The company can cover its interest payments 5 times over.