![Interest Coverage Ratio – Meaning, Formula, Calculation & Interpretations [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2698_0_0jpg.jpg)
This in-depth tutorial guides you through the most important aspects of the Interest Coverage Ratio. You will learn what Interest Coverage Ratio is, how to calculate it, and how to interpret the results. Using the Colgate Case Study, we will also understand how to compute the Interest Coverage Ratio in Excel.You can download the Colgate Interest Coverage Ratio template from this link – https://www.wallstreetmojo.com/ratio-analysis-template/What is Interest Coverage Ratio?——————————————–The interest coverage ratio helps determine how many times a company’s current earnings (before interest and taxes) can be used to pay interest on its outstanding debt. It can be used to determine a company’s liquidity position by assessing how easily it can pay interest on its outstanding debt.Formula——————————————–Interest Coverage Ratio Formula = EBITDA / Interest ExpenseInterpretation——————————————— Higher interest coverage ratio indicates that the company is better able to pay off its debts.- If interest coverage is less than 1, it means that EBITDA will not be sufficient to pay off the debt, thus, necessitating the search for alternative sources of funding.- Since capital-intensive companies have higher depreciation and amortization, the interest coverage ratio should be calculated using EBITDA.For more details, you can refer to our article – https://www.wallstreetmojo.com/interest-coverage-ratio/Connect with us! YouTube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/?utm_medium=copy_linkTwitter https://twitter.com/wallstreetmojo
Resources for Accountants
![Can You Write off Fines and Penalties? [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2659_0_0jpg.jpg)
§ 162(f) of the tax code says you can’t get a tax deduction for fines or penalties paid to a government or governmental entity for a violation of the law.Thus, if you own a trucking company and get traffic tickets for speeding, you can’t deduct the cost of the traffic tickets. You could deduct any legal costs if you chose to fight the tickets in court. But fines and penalties are nondeductible. There are several exceptions, however.§ 162(f)(2) allows you to deduct amounts paid:• For restitution• For remediation• To come into compliance with the lawThus, if a business gets hit with a $50,000 fine for polluting and it has to pay $30,000 for environmental remediation, the business could deduct the $30,000 for remediation but not the $50,000 fine.— Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING• A 44-PAGE GUIDE TO U.S. TAXATION• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS• MANY MORE FREE PDF GUIDES* http://eepurl.com/dIaa5z— HIRE MICHAEL MCLAUGHLIN, PHD, CPA * https://michaelmclaughlin.com/hire-me — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/
![Leverage Ratio (Debt to Equity) – Meaning, Formula, Calculation & Interpretations [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2648_0_0jpg.jpg)
In this tutorial, we will comprehensively learn all about the Leverage Ratio, also known as the Debt to Equity Ratio. The meaning, formula, examples, calculations, and interpretation of the Leverage Ratio are all covered in this tutorial. Using the Colgate Case Study, we will also learn how to calculate Leverage Ratio in Excel. You can download the Colgate Leverage Ratio template from this link – https://www.wallstreetmojo.com/ratio-analysis-template/What is Leverage Ratio?——————————————–The leverage ratio, commonly known as the debt to equity ratio, determines how much debt a company has compared to its equity. This is an important ratio for bankers since it indicates the company’s ability to repay loans with its own funds.Formula——————————————–Leverage Ratio (Debt to Equity) Formula = Total Debt (current + long-term) / Shareholders’ Equity Interpretation——————————————— A lower ratio is generally thought to be desirable because it implies that the company’s assets cover its liabilities with its own capital.- An increasing leverage ratio over time indicates that the company is unable to generate enough cash flow from its core business and is relying on external debt to stay afloat.- Capital-intensive sectors have a higher leverage ratio in contrast to the service sector.For more details, you can refer to our article – https://www.wallstreetmojo.com/debt-to-equity-ratio/Connect with us! YouTube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/?utm_medium=copy_linkTwitter https://twitter.com/wallstreetmojo
![Interview: Why do you want to Leave your job? [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2622_0_0jpg.jpg)
Let’s go over the reasons you provide during the job interview around why you want to leave your current role, from my perspective as a hiring manager. My Accounting Interview Playlist:https://www.youtube.com/watch?v=91hNhiNTx1c&list=PLKzobJwkGwKH4svuk7c6GvSLGAMxnzINj🔥My online course “Night Before the Accounting Interview Guide” including All Levels Q&A🔥:https://thefincontroller.com/p/the-night-before-your-accounting-interview-course-for-all-levels📈Get My “Controller KPI Dashboard” (Excel + Course) with the most important P&L and Balance Sheet KPIs:https://thefincontroller.com/p/controller-kpi-dashboard-one-kpi-dashboard-to-run-a-business———————————————————————Hang Out with me on social media:📸 https://www.instagram.com/the_financial_controller/📱https://www.tiktok.com/@thefinancialcontroller🙋🏼♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!All views expressed on my channel are mine alone. Not intended as financial or professional advice
![Total Leverage – Meaning, Formula, Calculation & Interpretations [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2533_0_0jpg.jpg)
This Total Leverage tutorial covers everything there is to know about Total Leverage, including what it means, how to calculate it, and how to interpret the results. We will also demonstrate how to compute Total Leverage in Excel using the Colgate Case Study.You can download the Colgate Total Leverage template from this link – https://www.wallstreetmojo.com/ratio-analysis-template/What is Total Leverage?——————————————–The percentage change in Net profit compared to Sales is known as Total Leverage. Total Leverage is a metric that determines how sensitive Net Income is to changes in Sales. Formula——————————————–Total Leverage Formula = % change in Net Profit / % change in Sales = Operating Leverage x Financial LeverageInterpretation——————————————— More sensitivity could be due to higher Operating Leverage (higher fixed costs) and Financial Leverage (higher debt). – To determine total leverage, 3-10 years of data should be used.Connect with us! YouTube https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUwLinkedIn https://www.linkedin.com/company/wallstreetmojo/mycompany/Facebook https://www.facebook.com/wallstreetmojoInstagram https://www.instagram.com/wallstreetmojoofficial/?utm_medium=copy_linkTwitter https://twitter.com/wallstreetmojo
![Car Insurance Buying Guide ★ 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2517_0_0jpg.jpg)
Discover Car Insurance Buying Guide.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![Best Way to Get Cheap Car Insurance ★ 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2511_0_0jpg.jpg)
Discover the Best Way to Get Cheap Car Insurance.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![Best Third Party Car Insurance Online ★ 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2508_0_0jpg.jpg)
Discover the Best Third Party Car Insurance Online.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![Best Online Car Insurance Quotes ★ 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2499_0_0jpg.jpg)
Discover the Best Online Car Insurance Quotes.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![Best Comprehensive Car Insurance for 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2493_0_0jpg.jpg)
Discover the Best Comprehensive Car Insurance.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![Best Car Insurance For Young Male Drivers ★ 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2490_0_0jpg.jpg)
Discover the Best Car Insurance For Young Male Drivers.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/
![Best Car Insurance For Seniors ★ 2021 [Video]](https://video.ednadigitalmarketing.com/wp-content/uploads/2021/09/mp_2486_0_0jpg.jpg)
Discover the Best Car Insurance For Seniors.✅ Here’s the free service we use to get cheaper car insurance (toll free): 1-855-981-7528. It’s a free by phone service that specializes in locating the cheapest car insurance rates. They perform the tedious task of shopping around, and present you with the cheapest auto insurance provider for your location. We call this service every year before our auto insurance expires. It allows us to discover whether there is a cheaper rate than ours, and has saved us lots of money over the years. Here are some of the topics covered in this video: How to get cheaper auto insurance rates online, get discounts and lower your policy cost, ways to lower vehicle insurance premium cost, which are the best car insurance companies and why Geico, National, Progressive, Allstate, Root, State farm, General, or farmers are not always the best bet. Why Dave Ramsey is not always right. Ways to get affordable drivers insurance quotes, how to locate the best cheap automobile insurer for a specific location. For more ways to save on your car insurance rates, see here: https://www.bizmove.com/auto-car-insurance/