Discussion Paper
The Information in Interest Coverage Ratios of the US Nonfinancial Corporate Sector
Palomino, Francisco J.; Paolillo, Stephen; Pérez-Orive, Ander; Sanz-Maldonado, Gerardo (2019-01-10)
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.
FEDS Notes , Paper 2019-01-10