Sentences with phrase «business debt service coverage»

Not exact matches

Your debt - service coverage ratio, also known as the debt coverage ratio, is the ratio of cash a business has available for servicing its debt, which includes making payments on principal, interest and leases.

Banks want to see borrowers with good personal credit, a strong business and a low debt service coverage ratio.

This means that there may be no hard credit score, debt - to - income ratio (or debt service coverage ratio for businesses) or other requirements.

Conventional sources of finance rely on the borrower's history (how long it has been in business), its overall financial health including profitability, positive cash flow, and debt service coverage.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Banks want to see borrowers with good personal credit, a strong business and a low debt service coverage ratio.

If your business» net operating income is $ 100,000 and your total debt service is $ 50,000, your debt service coverage ratio would be 2.

Debt Service Coverage Ratio: Debt service coverage ratio (DSCR) is a measure of your business» ability to repay any debt obligations over the course of a year — it shows how much cash your business has relative to its dDebt Service Coverage Ratio: Debt service coverage ratio (DSCR) is a measure of your business» ability to repay any debt obligations over the course of a year — it shows how much cash your business has relative to itService Coverage Ratio: Debt service coverage ratio (DSCR) is a measure of your business» ability to repay any debt obligations over the course of a year — it shows how much cash your business has relative to its dDebt service coverage ratio (DSCR) is a measure of your business» ability to repay any debt obligations over the course of a year — it shows how much cash your business has relative to itservice coverage ratio (DSCR) is a measure of your business» ability to repay any debt obligations over the course of a year — it shows how much cash your business has relative to its ddebt obligations over the course of a year — it shows how much cash your business has relative to its debtdebt.

In most cases, the term «debt service coverage ratio» applies to businesses and their ability to pay their lenders and cover their expenses.

Similarly, if a business's debt service coverage ratio is 0.8, this means that the business can only cover 80 % of its yearly loan payments.

If a business's debt service coverage ratio is 1.5, this means a business's cash flow can cover 150 % of its yearly loan payments.

As stated above, the debt service coverage ratio is calculated by dividing a business's net operating income by its total debt service, and it's frequently a number between 0 and 2.

For business loans, this includes your time in business, personal and business credit score, your debt service coverage ratio, revenue and profits.

If the business wanted to take out an additional loan with total annual payments of $ 30,000, then its total debt service would increase to $ 100,000 ($ 30,000 + $ 70,000) and its debt service coverage ratio would decrease to 1.00 ($ 100,000 ÷ $ 100,000).

When taking out a new loan, you should calculate your business's debt service coverage ratio with all current debt obligations and the new loan before approaching your lender.

In commercial and small business lending, debt service coverage ratio (DSCR) measures a business's ability to cover its debt payments, such as loan payments or leases.

Lenders may also want to see a business's debt service coverage ratio from the past few years and projections for the next few years before approving a loan.

Lenders frequently want to see a business with a debt service coverage ratio of at least 1.2 to 1.5.

The business's debt service coverage ratio would be 1.43 ($ 100,000 ÷ $ 70,000).