interest cover

Interest Coverage Ratio

A ratio of a company's EBIT to its total expenses from interest payments. The interest coverage ratio measures the company's ability to make interest payments, such as in its debt service. A ratio above one indicates that the company is able to pay its interest, while a ratio below one means that its interest payments exceed its earnings.

interest cover

or

times interest earned

a measure of the extent to which a firm's earnings (profit before tax) cover INTEREST payments due on LOANS. It expresses profit as a ratio of interest due.

interest cover

an accounting measure of the extent to which a firm's earnings cover INTEREST payments due on LOANS that expresses profit after tax as a ratio of interest due.
References in periodicals archive ?
Moody's rating guidance for DP World's Baa3 rating and stable outlook is adjusted funds from operations (FFO) interest cover between 3.
covenant Interest Cover Ratio (ICR) is calculated as net financing
This would, in Moody's opinion, translate into FFO interest cover that is constantly above 3.
Net yield = (rental income - costs)/purchase price 3 Interest cover.
Interest cover - The difference between actual rental income (less costs) and total mortgage repayments Interest cover = net rent / interest costs 4.
Accordingly, the estimated year-end interest cover ratio remains well below 1 time versus the expectation that interest cover would strengthen towards 2 times.
Borrowers' caution was backed up by the survey's data on interest cover ( how many times debt is divisible into revenue ( which showed this ratio falling across all real estate sectors but particularly in the secondary industrial and office markets.
The fact Ahold had negotiated lower interest cover than expected on the loan was seen as evidence more accounting revelations could be around the corner, while its decision to waive a dividend was "not encouraging".
with the result that the if sector's interest cover has continued to drop back and, at 7.
Debt leverage is expected to remain below 25%, with interest cover at least 6 times (x)-8x.
Fitch expects MAF's EBIT (MAFP rental-derived EBIT and dividends received from MAF Retail LLC (MAFR)) net interest cover to remain strong, at about 3x in 2012.