The Return on Debt Calculator measures a company's ability to generate profit from its debt. A higher ROD indicates more efficient use of debt to generate earnings.
Learn how to use the Return on Debt Calculator and understand its significance in financial analysis
Return on Debt (ROD) is a financial metric that measures a company's ability to generate profit from its debt. It indicates how effectively a company is using debt to generate earnings.
For example, if a company has an EBIT of $500,000 and total debt of $2,000,000, the ROD would be 0.25 or 25%. This means the company generates 25 cents in profit for every dollar of debt.
While ROD is a useful metric, it should not be used in isolation. Consider it alongside other financial ratios and the company's overall financial health for a comprehensive analysis.