EBIT / Interest

$$\frac{\text{EBIT}}{\text{Interest expense}}$$

Times-interest-earned. Cushion between operating earnings and the cost of debt. <2x flags distress.

Direction: Higher better Category: solvency

Inputs (XBRL fallback chains):

• interest_expense: InterestExpense -> InterestExpenseDebt -> InterestExpenseOperating -> InterestExpenseBorrowings
• operating_income: OperatingIncomeLoss

Returns None when: Returns None when EBIT or Interest expense is missing. Many filers don't tag interest expense; fill rate is the lowest in the catalog.

Source code

Implementation: interest_coverage in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).