|
|
Overall market price coverage |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Overall 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.Overall market price coverage Similar MatchesCoverageCoverageSee: Fixed-charge coverage Initiate 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). Debt service coverage ratioDebt service coverage ratioEarnings before interest and income taxes, divided by interest expense plus the quantity of principal repayments divided by one minus the tax rate. 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. 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. Further SuggestionsCash flow coverage ratioDebt service coverage Preferred dividend coverage Guaranteed replacement cost coverage insurance Coverage ratios extended coverage Coverage initiated |
|
|
|