During his speech to the AGM, the Chairman of Banks DIH stated the company was able...

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During his speech to the AGM, the Chairman of Banks DIH stated the company was able to achieve an EBIT of 100, depreciation on assets was 40, interest paid on financing facilities was 20 and final dividends declared was 10. Your brother who is a fledgling financial analyst calculated the cash coverage ratio, what was his most likely answer? During his speech to the AGM, the Chairman of Banks DIH stated the company was able to achieve an EBIT of 100, depreciation on assets was 40, interest paid on financing facilities was 20 and final dividends declared was 10. Your brother who is a fledgling financial analyst calculated the cash coverage ratio, what was his most likely answer?

Answer rating: 100% (QA)

The cash coverage ratio is a financial ratio that measures a companys ability to meet its interest p... View the full answer