If Expense Coverage Days increases over time:
An increasing Expense Coverage Days value is generally a positive sign, indicating the company can pay for its business operations with cash and other liquid assets for an increasingly longer period of time.
If Expense Coverage Days decreases over time:
A decreasing Expense Coverage Days value is generally a negative sign, indicating the company can pay for its business operations with cash and other liquid assets for a increasingly shorter period of time.
If Expense Coverage Days stays the same over time:
An unchanged Coverage Days value may indicate the company''s ability to pay for its business operations with cash and other liquid assets has remained the same.