ABB Ltd

Published by Stock Analysis on Net

Last updated: 2018-02-02 12:10:07

Interest Coverage

2016 2015 2014 2013

Selected Financial Data

USD in millions

Net income (loss) 2,034 2,055 2,718 2,907
Add: Income tax expense (benefit) 781 788 1,202 1,122
Add: Interest expense 261 286 362 390
Earnings before interest and tax (EBIT)
3,076
3,129
4,282
4,419
Interest expense 261 286 362 390

Ratio

Interest coverage 11.79 10.94 11.83 11.33

2016 calculation:

Interest coverage = EBIT ÷ Interest expense
= 3,076 ÷ 261 = 11.79