times interest earned

简明释义

利息所得倍数

英英释义

例句

1.A low times interest earned can signal financial distress for a business.

低的利息保障倍数可能表明企业面临财务困境。

2.The company's times interest earned ratio indicates its ability to cover interest expenses comfortably.

公司的利息保障倍数比率表明其能够轻松覆盖利息支出。

3.After reviewing the financial statements, we found that the times interest earned was well above the industry average.

在审查财务报表后，我们发现利息保障倍数远高于行业平均水平。

4.To improve the times interest earned, the company decided to reduce its debt levels.

为了提高利息保障倍数，公司决定降低债务水平。

5.Investors often look at the times interest earned figure to assess risk.

投资者通常查看利息保障倍数数据来评估风险。

作文

Understanding financial metrics is crucial for both businesses and investors. One of the key metrics used to evaluate a company's ability to meet its debt obligations is called times interest earned. This ratio, also known as the interest coverage ratio, measures how easily a company can pay interest on its outstanding debt. It is calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expenses. The higher the times interest earned ratio, the better positioned a company is to cover its interest payments. For example, if a company has an EBIT of $1 million and interest expenses of $200,000, the times interest earned would be 5. This means the company earns five times more than it needs to pay in interest, indicating a strong capacity to handle its debt obligations.The importance of the times interest earned ratio cannot be overstated, especially in times of economic uncertainty. Investors often look at this ratio to gauge the risk associated with a company’s debt levels. A low times interest earned ratio may signal that a company could struggle to meet its interest payments, which could lead to financial distress or even bankruptcy. Conversely, a high ratio suggests that the company is financially healthy and can manage its debts effectively, making it a more attractive investment opportunity.Moreover, the times interest earned ratio plays a significant role in credit ratings. Credit rating agencies consider this metric when evaluating a company's creditworthiness. A company with a strong times interest earned ratio is likely to receive a higher credit rating, which can lower borrowing costs and improve access to capital. This creates a positive feedback loop; as companies maintain a healthy ratio, they can secure better financing options, allowing them to invest in growth and expansion.However, it is essential to interpret the times interest earned ratio within the context of the industry in which a company operates. Different industries have varying levels of debt and cash flow characteristics. For instance, utility companies often have high levels of debt but stable cash flows, leading to a different interpretation of their times interest earned ratios compared to technology firms, which may have lower debt but more volatile earnings. Thus, comparing the times interest earned ratios of companies within the same industry provides a clearer picture of relative financial health.In conclusion, the times interest earned ratio is a vital indicator of a company's financial stability and its ability to meet debt obligations. For investors and analysts, understanding this metric is essential for making informed decisions. It reflects not only the company's current financial condition but also its future potential. By keeping a close eye on the times interest earned ratio, stakeholders can better assess risks and opportunities, ultimately leading to more strategic financial planning and investment choices.

理解财务指标对企业和投资者至关重要。其中一个用于评估公司履行债务义务能力的关键指标称为利息保障倍数。这个比率，也被称为利息覆盖比率，衡量公司支付未偿债务利息的能力。它是通过将公司的息税前利润（EBIT）除以其利息费用来计算的。利息保障倍数比率越高，公司覆盖利息支付的能力越强。例如，如果一家公司有100万美元的EBIT和20万美元的利息费用，则利息保障倍数为5。这意味着公司赚取的金额是其利息支付的五倍，表明其有能力应对债务义务。在经济不确定时期，利息保障倍数比率的重要性不容小觑。投资者通常会关注这一比率，以评估公司债务水平带来的风险。较低的利息保障倍数可能表明公司在履行利息支付方面可能面临困难，这可能导致财务困境甚至破产。相反，高比率则表明公司财务健康，能够有效管理债务，使其成为更具吸引力的投资机会。此外，利息保障倍数比率在信用评级中也起着重要作用。信用评级机构在评估公司的信用worthiness时会考虑这一指标。拥有强大利息保障倍数的公司更有可能获得更高的信用评级，从而降低借贷成本并改善资本获取。这形成了一个积极的反馈循环；随着公司保持健康的比率，它们可以获得更好的融资选择，从而使其能够投资于增长和扩张。然而，必须在公司所处行业的背景下解释利息保障倍数比率。不同的行业有不同的债务和现金流特征。例如，公用事业公司通常有较高的债务，但现金流稳定，这使得其利息保障倍数的解释与科技公司有所不同，后者可能债务较低但收益波动较大。因此，比较同一行业内公司的利息保障倍数提供了相对财务健康状况的更清晰图景。总之，利息保障倍数比率是公司财务稳定性和履行债务义务能力的重要指标。对投资者和分析师而言，理解这一指标对于做出明智决策至关重要。它不仅反映公司的当前财务状况，还反映其未来潜力。通过密切关注利息保障倍数比率，利益相关者可以更好地评估风险和机会，最终导致更具战略性的财务规划和投资选择。