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1 Debt Service Cover Ratio (DSCR)
debt service cover ratio (DSCR)Deutsch-Englisches Wörterbuch > Debt Service Cover Ratio (DSCR)
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2 debt cover ratio
Metallurgy: DCR -
3 bid-to-cover ratio
Fina number that shows how many more people wanted to buy Treasury bills than actually did buy them -
4 dividend cover
Finthe number of times a company’s dividends to ordinary shareholders could be paid out of its net after-tax profits. This measures the likelihood of dividend payments being sustained, and is a useful indication of sustained profitability.EXAMPLEIf the figure is 3, a firm’s profits are three times the level of the dividend paid to shareholders.Dividend cover is calculated by dividing earnings per share by the dividend per share:Earnings per share/dividend per share = dividend coverIf a company has earnings per share of $8, and it pays out a dividend of 2.1, dividend cover is:8/2.1 = 3.80An alternative formula divides a company’s net profit by the total amount allocated for dividends. So a company that earns $10 million in net profit and allocates $1 million for dividends has a dividend cover of 10, while a company that earns $25 million and pays out $10 million in dividends has a dividend cover of 2.5:10,000,000/1,000,000 = 10 and 25,000,000/ 10,000,000 = 2.5A dividend cover ratio of 2 or higher is usually adequate, and indicates that the dividend is affordable. A dividend cover ratio below 1.5 is risky, and a ratio below 1 indicates a company is paying the current year’s dividend with retained earnings from a previous year: a practice that cannot continue indefinitely. On the other hand, a high dividend cover figure may disappoint an investor looking for income, since the figure suggests directors could have declared a larger dividend. -
5 interest cover
FinThe amount of earnings available to make interest payments after all operating and nonoperating income and expenses—except interest and income taxes—have been accounted for.EXAMPLEInterest cover is regarded as a measure of a company’s creditworthiness because it shows how much income there is to cover interest payments on outstanding debt.It is expressed as a ratio, comparing the funds available to pay interest—earnings before interest and taxes, or EBIT—with the interest expense. The basic formula is:EBIT /interest expense = interest coverage ratioIf interest expense for a year is $9 million, and the company’s EBIT is $45 million, the interest coverage would be:45 million /9 million = 5:1The higher the number, the stronger a company is likely to be. A ratio of less than 1 indicates that a company is having problems generating enough cash flow to pay its interest expenses, and that either a modest decline in operating profits or a sudden rise in borrowing costs could eliminate profitability entirely. Ideally, interest coverage should at least exceed 1.5; in some sectors, 2.0 or higher is desirable.Variations of this basic formula also exist. For example, there is:Operating cash flow + interest + taxes/ interest = Cash-flow interest coverage ratioThis ratio indicates the firm’s ability to use its cash flow to satisfy its fixed financing obligations. Finally, there is the fixed-charge coverage ratio, which compares EBIT with fixed charges:EBIT + lease expenses/interest + lease expense = Fixed-charge coverage ratio “Fixed charges”can be interpreted in many ways, however. It could mean, for example, the funds that a company is obliged to set aside to retire debt, or dividends on preferred stock. -
6 payout ratio
Finan expression of the total dividends paid to shareholders as a percentage of a company’s net profit in a given period of time. This measures the likelihood of dividend payments being sustained, and is a useful indication of sustained profitability. The lower the ratio, the more secure the dividend, and the company’s future.EXAMPLEThe payout ratio is calculated by dividing annual dividends paid on ordinary shares by earnings per share:Annual dividend /earnings-per-share = payout ratioTake the company whose earnings per share is $8 and its dividend payout is 2.1. Its payout ratio would be:2.1 /8 = 0.263 or 26.3%A high payout ratio clearly appeals to conservative investors seeking income. When coupled with weak or falling earnings, however, it could suggest an imminent dividend cut, or that the company is short-changing reinvestment to maintain its payout. A payout ratio above 75% is a warning. It suggests the company is failing to reinvest sufficient profits in its business, that the company’s earnings are faltering, or that it is trying to attract investors who otherwise would not be interested. -
7 equity dividend cover
(U.K.) Finan accounting ratio, calculated by dividing the distributable profits during a given period by the actual dividend paid in that period, that indicates the likelihood of the dividend being maintained in future years -
8 коэффициент покрытия
Русско-английский словарь по экономии > коэффициент покрытия
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9 коэффициент покрытия (определяемре законом соотношение между капиталом банка и суммой всех его обязательств)
cover ratio4000 полезных слов и выражений > коэффициент покрытия (определяемре законом соотношение между капиталом банка и суммой всех его обязательств)
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10 коэффициент покрытия обязательств собственным капиталом
Banks. Exchanges. Accounting. (Russian-English) > коэффициент покрытия обязательств собственным капиталом
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11 процент покрытия
Banks. Exchanges. Accounting. (Russian-English) > процент покрытия
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12 покрытие
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13 норма покрытия
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14 зона охвата
Бизнес, юриспруденция. Русско-английский словарь > зона охвата
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15 Deckungsgrad
Deckungsgrad m FIN cash ratio, cover ratio* * *m < Finanz> cash ratio, cover ratio* * *Deckungsgrad
cash ratio -
16 Deckungssatz
Deckungssatz m 1. BANK reserve ratio; 2. VERSICH cover ratio* * ** * *Deckungssatz
(Bank) reserve ratio (US) -
17 процент обязательного резервного покрытия
норма покрытия; охват — cover ratio
Русско-английский большой базовый словарь > процент обязательного резервного покрытия
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18 Deckungsquote
Deckungsquote f FIN cover ratio* * *f < Finanz> cover ratio* * *Deckungsquote
(Banknoten) cover ratio -
19 коэффициент покрытия
норма покрытия; охват — cover ratio
Русско-английский большой базовый словарь > коэффициент покрытия
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20 коэффициент покрытия
1) Economy: current ratio (текущие активы, деленные на текущие обязательства), ratio, debt-to-equity ratio2) Accounting: coverage ratio4) Astronautics: coverage factor5) Banking: cover ratio, coverage rate6) Business: current ratio7) EBRD: debt to equity ratio8) Makarov: coating coefficient9) Electrochemistry: coating ratioУниверсальный русско-английский словарь > коэффициент покрытия
См. также в других словарях:
Bid-to-Cover Ratio — is a ratio used to express the demand for a particular security during offerings and auctions. In general, it is used for shares, bonds, and other securities. It is computed in two ways: the number of bids received divided by the number of bids… … Wikipedia
Bid-to-Cover Ratio — A ratio that compares the number of bids received in a Treasury security auction to the number of bids accepted. A ratio above 2.0 indicates a successful auction comprised of aggressive bids. A low ratio is an indication of a disappointing… … Investment dictionary
Interest cover ratio — Der Zinsdeckungsgrad (englisch: Interest coverage ratio, ICR) ist eine betriebswirtschaftliche Kennzahl, welche angibt ob ein Unternehmen aus dem Free Cash Flow, also dem frei verfügbaren Cash Flow (Cash Flow vor Dividenden und nach laufenden… … Deutsch Wikipedia
bid-to-cover ratio — The ratio of the number of bids received in a Treasury security auction compared to the number of accepted bids. Bloomberg Financial Dictionary … Financial and business terms
cover — Used to indicate the repurchase of previously sold contracts as, he covered his short position. Short covering is synonymous with liquidating a short position or evening up a short position. The CENTER ONLINE Futures Glossary The amount above… … Financial and business terms
ratio covenant — A form of covenant in a loan agreement that includes conditions relating to such ratios as the gearing ratio and interest cover. Breaching such a covenant could indicate significant deterioration in the company s business or a major change in its … Accounting dictionary
ratio covenant — A form of covenant in a loan agreement that includes conditions relating to such ratios as the gearing ratio and interest cover Breaching such a covenant could indicate significant deterioration in the company s business or a major change in its… … Big dictionary of business and management
ratio writer — An option writer who does not own the number of shares required to cover the call options he or she writes. Bloomberg Financial Dictionary … Financial and business terms
dividend cover — An accounting ratio defined as net earnings per share divided by net dividend ( dividends) per share. The purpose of the ratio is to identify how much of a company s profits are being distributed to shareholders and how much is being retained to… … Financial and business terms
coverage ratio — ratio of income used to cover specific debts as opposed to total company debts (Accounting) … English contemporary dictionary
Debt service coverage ratio — The debt service coverage ratio (DSCR), also known as debt coverage ratio, is the ratio of cash available for debt servicing to interest, principal and lease payments. It is a popular benchmark used in the measurement of an entity s (person or… … Wikipedia