Interest Coverage

The ratio of利息覆盖范围is intended by dividing earnings (before interest and taxes) by inquisitiveness. This ratio emphasizes the capability of the firm to generate enough income to cover interest expenditure. This ratio for the Timberland Company in 2000 was:

The ratio of attention coverage is straight related to the capability of the firm to pay its invariable interest obligations. However, it would almost certainly make sense to add reduction to income in compute this ratio and to comprise other financing operating cost, such as payments of principal and lease payments. These adjustments would provide a better calculate of the cash available to repay all of the firm's current financial obligations.

只有当公司的现金流不足以支付必要的债务付款时，债务负担很大才是一个问题。这与未来现金流量的疑问有关。通常据说拥有常规现金流量的公司有更多债务能力比具有高架，模糊现金流量的公司。我们看到Timberland是这种情况，因为他们的利息报告比率为32。因此，计算公司现金流量的不可预测性可能是实际的。一种可能的方法是计算现金流相对于平均现金流的标准偏差。但是，请注意，这是使用历史信息完成的，而实际上对债权人来说至关重要的是未来工资的不可预测性。