单词 | fixed charge coverage ratio |
释义 | fixed charge coverage ratioDefinition Indicates the number of times the interest (on bonds and long-term debt) and lease expenses can be covered by the indebted firm's earnings (revenue). Since a failure to meet interest payments would mean a default under the terms of a bond indenture, this ratio indicates the available margin of safety. However, too high a ratio (too much safety) indicates an undesirably low level of leverage. Formula: (EBIT + lease expense) ÷ (Interest + lease expense). |
随便看 |
|
英汉经管词典收录了27404条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。