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Debt service coverage |
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Debt service coverageThe ratio of cash flow available to the borrower to the annual interest and principal payments on a loan or other debt.Debt service coverage Similar MatchesOverall market price coverageOverall market price coverageTotal assets less intangibles divided by the total of the market value of the security issue and the book value of liabilities and issues having a prior claim. This is used to determine how much of the market value of a certain class of securities would be covered in liquidation. Asset coverage testAsset coverage testA bond indenture restriction that permits additional borrowing if the ratio of assets to debt does not fall below a specified minimum. Guaranteed replacement cost coverage insuranceGuaranteed replacement cost coverage insuranceA policy that covers the full cost of replacing damaged property without any allowances or deductions, e.g., depreciation. Adequacy of coverageAdequacy of coverageA test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging. Extended coverageExtended coverageInsurance which extends the term of a warranty, typically covering repairs on appliances and cars, the premium usually being a one-off payment. Further SuggestionsPreferred dividend coverageCoverage initiated Debt service coverage ratio Coverage Coverage ratios Initiate coverage Cash flow coverage ratio |
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