Interest Coverage

    Interest Coverage Ratio

    Solvency Ratios

    Measures how easily a company can pay interest on its outstanding debt. Higher is better.

    Formula

    Interest Coverage = EBIT / Interest Expense

    Why it matters

    Ratio below 1.5 is concerning. Companies with low coverage may struggle during downturns. Look for consistent coverage above 3.

    Indian example

    Related terms

    EBITDebt-to-EquityFinancial Leverage

    Learn the concept

    Solvency Ratios