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  3. 2. interest coverage ratio formula: interest cov

2. Interest Coverage Ratio Formula: Interest Coverage Ratio = Earnings Before Interest and...

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Accounting

2. Interest Coverage Ratio

  • Formula: Interest Coverage Ratio = Earnings Before Interest and Taxes (EBIT) / Interest Expense
  • Result: [Insert Ratio]
  • Discussion: The Interest Coverage Ratio gauges the company's ability to meet interest payments. A higher ratio implies greater financial stability.

image TOYOTA MOTOR CORPORATION CONSOLIDATED STATEMENT OF INCOME TOYOTA MOTOR CORPORATION CONSOLIDATED STATEMENT OF INCOME

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