Definitions for "debt service coverage"
Keywords:  annual, ratio, cash, net, safe
The ratio of cash flow available to the borrower to the annual interest and principal payments on a loan or other debt.
The borrower's annual net operating income before debt service and taxes divided by the annual debt service. A measure of how safe the loan is to the lender.
For revenue bonds, a ratio of how many times the net project revenues exceed the total annual debt service due in the same period.
Keywords:  coverage, see
See:  COVERAGE.
Keywords:  ability, cover, off, pay, measure
A measure of a companys or individuals ability to cover, or pay off, debt....