BASF SE
Published by Stock Analysis on Net
Last updated: 2018-02-03 17:51:15
Interest Coverage
| 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|
Selected Financial DataEUR 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