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Interest cover means how much profit is available to pay the fixed interest expenses when due.

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12y ago

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What does home owners single interest insurance cover?

Single interests insurance is hazard coverage obtained by the lender to cover it's interest in the described property.


Do liens on homes by a contractor accrue interest?

A lien is merely a kind of security for a debt. If the contract provides for interest, then the lien, if properly drafted, will cover that. In most states there is a statutory interest rate. If the contract doesn't provide for interest, then interest will accrue at the statutory rate and the lien, if properly drafted, will cover that as well.


What is a letter of interest for a job position?

I think it's a cover letter.


When must an Insurable interest exist for a property insurance policy?

Insurable interest must exist at inception of the policy cover and at the time of the loss.


What does personal insurance cover?

Personal insurance can cover a wide array of things. It can cover your property, your valuables, even your best interest if you are in business. There is also personal health insurance.


How is a cover letter used?

To express interest in a job and highlight the applicant's relevant skills


Is a high times interest earned ratio considered good?

Yes, a high times interest earned ratio is considered good because it indicates that a company is generating enough earnings to cover its interest expenses.


What do U.S. monetary policies cover?

money supply and intrest rates


What is times burden covered ratio?

The times interest earned ratio is a financial metric that indicates a company's ability to meet its interest obligations with its operating income. It is calculated by dividing earnings before interest and taxes (EBIT) by interest expense. A higher ratio indicates a company is better able to cover its interest payments.


What does a high times interest earned ratio indicate?

A high times interest earned ratio indicates that a company is able to easily cover its interest expenses with its operating income. This suggests that the company is financially stable and less risky for investors.


When applying for a job what should you use?

A cover letter expressing your interest and summarizing why you would benefit the company. A resume showing your education, job history, and performance of work of interest to the potential employer.


What is the different between a cover letter and a cover page?

A cover letter is a letter you write to an employer introducing yourself and expressing interest in a job they have posted. Cover letters are usually accompanied by another document such as a résumé. A cover page is like a title page to a report or document, giving basic information like Title, and Author.