interest cover
C1CEFR level
68/100Rarity: rare
TechnicalRegister
A ratio showing how comfortably a company can meet its interest payments from earnings, typically EBIT or EBITDA divided by interest expense.
As rates rose, the group's interest cover fell to a level that alarmed its lenders.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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