PEV help - interest cover

[Emma1708]

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

[Yazi]

Its a Gearing ratio

Interest Cover = PBIT (Profits before Interest and Tax)
Interest charge

[Yazi]

The reply looked ok till I posted it.

Thats PBIT divided by Interest Charge

[Emma1708]

Thank you xx

[moozy84]

Hi all

Just a silly question, where did you got the chief assessor's report from?

Thankx

[moozy84]

Ignore my previous post plz. Good luck 2 everyone. Dont forget to revise properly your ratios! I failed last June on section 2 :crying: