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Times Interest Earned
A ratio that measures a company's ability to meet its interest obligations, calculated by dividing earnings before interest and taxes (EBIT) by the interest expense.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity.
Year 2
A term that could refer to the second year of a specific time period, project, or study.
Equity Multiplier
A financial ratio that measures the amount of a company's assets that are financed by its shareholders' equity.
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