CoverageSee: Fixed-charge coverage
Guaranteed replacement cost coverage insuranceGuaranteed replacement cost coverage insurance
A policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation.
Adequacy of coverageAdequacy of coverage
A test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging.
Debt service coverageDebt service coverage
The ratio of cash flow available to the borrower to the annual interest and principal payments on a loan or other debt.
Coverage ratiosCoverage ratios
Ratios used to test the adequacy of cash flows generated through earnings for purposes of meeting debt and lease obligations, including the interest coverage ratio and the fixed-charge coverage ratio.
Asset coverage testAsset coverage test
A bond indenture restriction that permits additional borrowing if the ratio of assets to debt does not fall below a specified minimum.
Further SuggestionsOverall market price coverage
Debt service coverage ratio
Cash flow coverage ratio
Preferred dividend coverage