NO.PZ2016012101000133
问题如下：
A creditor most likely would consider a decrease in which of the following ratios to be positive news?
选项：
A.Interest coverage (times interest earned).
B.Debt-to-total assets.
C.Return on assets.
解释：
B is correct.
In general, a creditor would consider a decrease in debt to total assets as positive news. A higher level of debt in a company’s capital structure increases the risk of default and will, in general, result in higher borrowing costs for the company to compensate lenders for assuming greater credit risk. A decrease in either interest coverage or return on assets is likely to be considered negative news.
解析：creditor指的是债权人，公司的D/A ratio下降说明相对公司资产来说负债变少了，公司的长期偿债能力增强，对债权人来说是好事。Interest coverage下降说明公司偿还利息的能力下降，ROA下降说明公司资产产生利润的能力下降，对债权人来说都不是好事。
老师，您好！ interest coverage，改指标的计算公式是怎样的 ？谢谢！
