PEV help - interest cover
Emma1708
Registered Posts: 217 Dedicated contributor 🦉
Please can someone help me with the interest cover ratio? I have just seen it listed in the chief assessors report as one of the ratios that may arise and I cant find anything in my text book
Thank you x
Thank you x
0
Comments
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Its a Gearing ratio
Interest Cover = PBIT (Profits before Interest and Tax)
Interest charge0 -
The reply looked ok till I posted it.
Thats PBIT divided by Interest Charge0 -
Thank you xx0
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Hi all
Just a silly question, where did you got the chief assessor's report from?
Thankx0 -
Ignore my previous post plz. Good luck 2 everyone. Dont forget to revise properly your ratios! I failed last June on section 2 :crying:0
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