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Tip of the Day

Tip of the Day Invest for the Long-Term

Invest for the Long-Term - Investing is a high-risk proposition unless it is to be done over a long-term. Due to the nature of the industry, there is no...

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Interest Coverage Ratio

Interest Coverage Ratio - Interest Coverage Ratio is a ratio used to determine the ease a company can pay interest on an outstanding debt. The interest coverage ratio calculated by dividing company's earnings before the interest and the taxes (EBIT) of one period by the company's interest expenses of the same period. The lower ratio, the more the company burdened by debt expense. When a company's interest coverage ratio is 1.5 or in total lower. It is the ability to meet interest expenses and may be questionable. Interest ratio coverage below 1.0 indicates the company is not generating sufficient revenues to satisfy interest expenses.

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Definition of the Day Public Employee

Public Employee – Being state-employed, working for the government, mainly community, civic, municipal, unrestricted agent, workers, staff members, active in the public domain. Those working for the people, on the behalf of, for the interest of the general populace, as, for and through the government, agencies, in the open, not...

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