Interest Coverage Ratio Calculator

Calculate the interest coverage ratio from EBIT and interest expense to gauge debt-servicing ability

Frequently Asked Questions

What is a healthy interest coverage ratio?

A ratio of 3 or higher is generally considered healthy, 1.5 to 3 is adequate, and below 1.5 is a warning sign that earnings barely cover interest.

Should I use net income or EBIT?

Use EBIT, earnings before interest and taxes, from the income statement. Net income already subtracts interest and would understate coverage.

Business Information Disclaimer: Estimates only. Not professional business advice.

This calculator provides estimates for informational purposes only. Business results vary by industry, market conditions, and execution. Not a substitute for professional business consulting, accounting, or legal advice. Consult qualified professionals before making business decisions.