how the debt/equity ratio and interest cover will change?

Answer 1

These ratios, like any financial ratios, are easy to answer. They can do three things: go up, go down or do nothing. Whether they go up, down or nothing depends upon the numerator and the denominator. If the numerator (e.g. Gross Debt and EBITDA) go up, the ratio will go up. The opposite happens for the denominator (Equity and Interest Expense).

Think of these type of questions as two parts: Do you know the definition of the ratio and what happens when you tweak a variable. Since you know what they are and what the variables are (so long as you study), the answer is simple and quite mechanical.

Answer 2

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