Calculadora de Cobertura de Juros Grátis
Calcule o índice de cobertura de juros da sua empresa. Avalie a capacidade de pagar despesas financeiras com o lucro operacional.
Interest Coverage Ratio
5.00
Interest Coverage Ratio vs Annual Interest Expense
Formula
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.
Exemplo Resolvido
A company reports $400,000 EBIT and $80,000 in annual interest expense.
- 01Interest Coverage = $400,000 / $80,000 = 5.0
- 02EBIT After Interest = $400,000 - $80,000 = $320,000
- 03The company can cover its interest payments 5 times over.
Perguntas Frequentes
What is a safe interest coverage ratio?
Ratios above 3.0 are generally comfortable. Between 1.5 and 3.0 is acceptable but warrants monitoring. Below 1.5 indicates the company is struggling to service its interest obligations.
Why use EBIT instead of net income?
EBIT represents earnings before interest is deducted, so it shows how much income is available to pay interest. Using net income would understate coverage because interest has already been subtracted.
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