What is the meaning of TIMES INTEREST EARNED (TIE)?

Measures the extent to which operating income can decline before the firm is unable to meet its annual interest costs. The TIE ratio is used by bankers to assess a firm's ability to pay their liabilities. TIE determines how many times during the year the company has earned the annual interest costs associated with servicing its debt. Normally, a banker will be looking for a TIE ratio to be 2. 0 or greater, showing that a business is earning the interest charges two or more times each year. A value of 1. 0 or less suggests that the firm is not earning sufficient amounts to cover interest charges.

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APABarry Goldsmith. (2010). TIMES INTEREST EARNED (TIE). Retrieved September 23, 2026, from http://smartdefine.org/times_interest_earned_(tie)/definitions/1165250
ChicagoBarry Goldsmith. 2010. "TIMES INTEREST EARNED (TIE)" http://smartdefine.org/times_interest_earned_(tie)/definitions/1165250 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, TIMES INTEREST EARNED (TIE), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/times_interest_earned_(tie)/definitions/1165250>.
MLABarry Goldsmith. "TIMES INTEREST EARNED (TIE)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/times_interest_earned_(tie)/definitions/1165250>