免费利息保障倍数计算器
计算利息保障倍数，分析企业利润对利息支出的覆盖程度。
Interest Coverage Ratio
5.00
Interest Coverage Ratio vs Annual Interest Expense
公式
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.
计算示例
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.
常见问题
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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