The Information in Interest Coverage Ratios of the US Nonfinancial Corporate Sector
Francisco Palomino,
Stephen Paolillo,
Ander Pérez-Orive and
Gerardo Sanz-Maldonado
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Ander Pérez-Orive: https://www.federalreserve.gov/econres/ander-perez-orive.htm
No 2019-01-10, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
Using firm-level data, we find significant variability in interest coverage ratios--across firms and economic sectors and across time--that suggests that critical ICR levels depend on firm- or sector-specific economic conditions.
Date: 2019-01-10
New Economics Papers: this item is included in nep-bec
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2019-01-10
DOI: 10.17016/2380-7172.2290
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