Coverage
The number of times income will meet (or exceed) fixed charges.
(1) Municipal bonds: Net revenues divided by annual debt service.
(2) Corporate interest coverage: Earnings Before Interest and Taxes (EBIT) divided by interest expense.
(3) Preferred dividend coverage: Net Income divided by preferred dividends.
(1) Municipal bonds: Net revenues divided by annual debt service.
(2) Corporate interest coverage: Earnings Before Interest and Taxes (EBIT) divided by interest expense.
(3) Preferred dividend coverage: Net Income divided by preferred dividends.
Updated on: 24/04/2023
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