A striped racer, also known as the California whipsnake, is a species of non-venomous snake native to the coast and foothills of California. It is a long, slender, and fast-moving snake, identified by its distinctive stripes running down the length of its body. They primarily feed on lizards and small rodents. The scientific name for this species is Masticophis lateralis.
Interest Coverage Ratio
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The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Interest Coverage Ratio meaning & definition 1 of Interest Coverage Ratio.
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The number of times that fixed interest charges were earned. It indicates the margin of safety of interest on fixed debt. The times-interest-earned ratio is calculated using net income before and after income taxes; and the credits of interest charged to construction being treated as other income. The interest charges include interest on long-term debt, interest on debt of associated companies, and other interest expenses.
Interest Coverage Ratio meaning & definition 2 of Interest Coverage Ratio.
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