BASF SE

Published by Stock Analysis on Net

Last updated: 2018-02-03 17:51:15

Interest Coverage

2016 2015 2014 2013

Selected Financial Data

EUR in millions

Net income (loss) 4,255 4,301 5,492 5,113
Add: Income tax expense (benefit) 1,140 1,247 1,711 1,487
Add: Interest expense 661 638 711 688
Earnings before interest and tax (EBIT)
6,056
6,186
7,914
7,288
Interest expense 661 638 711 688

Ratio

Interest coverage 9.16 9.70 11.13 10.59

2016 calculation:

Interest coverage = EBIT ÷ Interest expense
= 6,056 ÷ 661 = 9.16