If Interest Expense to Total Debt increases over time:
An increasing Interest Expense to Total Debt ratio is generally a negative sign, and may indicate the company''s interest rate on its debt may be increasing.
If Interest Expense to Total Debt decreases over time:
A decreasing Interest Expense to Total Debt ratio is generally a positive sign, and may indicate the company''s interest rate on its debt may be decreasing.
If Interest Expense to Total Debt stays the same over time:
An unchanged Interest Expense to Total Debt ratio indicates the company''s interest rate on its debt has likely remained the same.