Interest Coverage multiple

This is defined as EBITDA/Cash Interest and is used to assess a company’s level of cash generation (EBITDA being used as a proxy for cashflow) versus its cash interest obligations.  The higher the multiple the lower the interest servicing risk.

Investing in wiseAlpha Notes involves risks including potential illiquidity and loss of investment. Our Notes are not deposit based or capital protected and are not covered by the Financial Services Compensation Scheme.The interest rate on our products is not comparable to that of a bank savings account. See Risk Statement.

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