|
|
Debt service coverage |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
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 MatchesInitiate coverageInitiate coverage(1) Firm is now followed by analysts at a particular securities house; (2) Indication to cover short position by purchasing the underlying stock (this cancels out the short position). Overall 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. 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. Coverage initiatedCoverage initiatedUsually refers to the fact that analysts begin following a particular security. This usually happens when there is enough trading in it to warrant attention by the investment community. 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. Further SuggestionsCoverageCash flow coverage ratio Asset coverage test Coverage ratios Debt service coverage ratio Preferred dividend coverage Adequacy of coverage |
|
|
|