In: Finance
What is Amazon's (referring to the company) fixed change coverage for the year 2018 & 2019? With no given data.
Fixed change coverage of Amazon can be calculated
= (EBITDA- Capex- Cash Tax)/(interest + tax + capital lease payment)
Fixed charge coverage ratio of Amazon in 2017 is 3 and fixed coverage ratio of Amazon in 2019 is 3.65.
It Can be seen that the ratio has improved.