Sentences with phrase «debt capacity of»

Plus we can expect interest paid to be significantly lower in FY - 2016: I estimate $ 1.9 million, vs. a prior $ 2.8 million — which would imply an additional debt capacity of $ 137 million (at a 5 % rate), for say a new - build (just announced!)

Once banks refined their cash - flow analysis and SME loan - underwriting skills, they were able to better understand the debt capacity of individual businesses and structure loans according to cash flows.

Not exact matches

For those who have never taken on investment debt before, he recommends assuming 10 % to 30 % of borrowing capacity.

«Japan is already undergoing rapid population aging, which will likely limit the market's future absorptive capacity of public debt,» wrote IMF economist Kiichi Tokuoka in a paper this year.

A significant share of the corporate debt in stressed economies is now owed by companies with weak debt servicing capacity and this could negatively affect bank balance sheets and cut into profits, it added.

«We have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics any time soon.»

When taxing capacity falls short of financial commitments, central banks usually end up printing money to buy up government debt.

The deal cost $ 1.9 billion — financed by a combination of cash, shares and the assumption of some of seller Paramount Resources Ltd.'s debt — and further enhanced Seven Generations» capacity as a low - cost supplier.

OnDeck also extended the maturity date of its asset - backed debt facility that finances its line of credit offering to May 2019, increased the facility's borrowing capacity to $ 100 million, and decreased the funding costs by 200 basis points.

The bubbling interest comes as regulators grow increasingly worried about debt levels and the capacity of ordinary households to pay back big loans on expensive houses.

A real solution to the debt problem, in other words, may involve initially a transfer of debt onto the government balance sheet, but ultimately Beijing must then take real steps to lower debt relative to debt capacity.

Prior to last week, the U.S. faced formidable difficulties in adjusting to excess capacity and a mountain of debt in technology and telecommunications.

«In our view, China's structural growth deceleration is only half - way through and under the weight of debt and excess capacity, weakening investment demand will remain the main culprit.»

For instance, GDP in China's northeastern province of Liaoning, which suffers from rust - belt industries mired in debt and excess capacity, shrunk 2.5 percent last year.

Even achieving the present trajectory of domestic demand that we have, which has left the economy with a bit of spare capacity, has involved some net rise in the ratio of household debt to GDP.

The combination of very high levels of debt and excess manufacturing capacity can lock an economy into a self - reinforcing deflationary process in which growth stagnates and debt rises faster than debt servicing capacity.

It is only when credit growth begins to decelerate much more rapidly than nominal GDP growth that we can begin to talk hopefully about China's moving in the right direction, and it is only when credit growth falls permanently below the growth rate of the economy's debt - servicing capacity that China will have adjusted.

Assume, for example, that a disorderly rebalancing occurs because Beijing waits so long to force through the reforms that it runs into debt capacity limits (i.e. the growth in debt can not exceed the growth in the amount of bad debt that must continually be rolled over).

In that case any credit - fueled increase in investment would likely have resulted in a net improvement in China's debt servicing capacity, in which case, with government debt at well below 25 % of GDP, rising debt would not be a concern.

Debt, in this case, must be rising faster than debt servicing capacity, in which case Beijing's true debt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmDebt, in this case, must be rising faster than debt servicing capacity, in which case Beijing's true debt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt servicing capacity, in which case Beijing's true debt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investment.

But closing down unnecessary capacity can pay for itself, even if unemployed workers are temporarily put on the government payroll (causing debt to rise, but usually by less than it had before), but only temporarily as Beijing takes other measures to boost household income through wealth transfers from the state and so to boost consumption, a form of demand which is likely to be more labor intensive than the demand created in the process of over-capacity.

The fact that China's debt is rising much more quickly than China's debt servicing capacity is consistent with my implicit model — which claims that the optimal amount of capital stock in China is a function of China's relatively low level of social capital, and that Chinese investment has far exceeded its optimal level — but it doesn't prove it.

I have long argued that as long as China — or indeed any other country — has the debt capacity, it can get pretty much generate any amount of economic activity it wants.

Even massive debt - financed spending will not help unless the projects are intentionally designed to durably enhance the long - term productivity of the U.S. economy, to avoid duplicative capacity, and to relieve constraints that threaten to become binding in the future (personally, I remain convinced that renewable energy should be central to that list).

And third, assume that China continues to have as much debt capacity as needed in the current period to fund the amount of activity required to meet the GDP growth target.

Everyone agreed that debt in China is still growing far too quickly relative to the country's debt - servicing capacity, but the pace of credit growth seems to have declined in 2017, even as real GDP growth held steady and, more importantly, nominal GDP growth increased.

In my email, I went on to discuss why this matters so much and why it is incorrect to think of China's GDP growth as growth in China's underlying economy (or in its debt - servicing capacity, or its productive capacity, or however else one prefers to think of GDP).

I have 2 questions: 1) How does the recent announcement of plans to open up the Chinese financial economy to foreign firms change the equation of «control» by the Chinese government 2) How do you envision the scenario where we reach maximum debt capacity and a transition into a low growth scenario?

While the purpose of this activity may be to generate employment, if the activity is not productive, the GDP it creates — along with the employment it generates — will be reversed in the future once debt capacity has been reached.

Of course debt growing faster than debt - servicing capacity is unsustainable, so we will set as our first financial sector target the point at which the two grow in line with each other.

The standard proxy for growth in debt - servicing capacity is GDP growth, but this is only valid in economies in which GDP growth data is a systems output that measures the underlying performance of the economy.

Because the amount of bad debt in each period is almost certainly a growing number, it must follow logically that the GDP growth number observers really want, rather than the one they have — that is, GDP growth as a systems output that can serve as a proxy for debt - servicing capacity — is a declining number, and perhaps even a quickly declining number.

The information collected by the credit bureau and processed into your business credit profile is designed to reflect the financial condition of your business and its capacity to service debt.

This requires that observers have not only an appropriate measure of new credit in each period, but also an appropriate measure of the growth in debt - servicing capacity.

In his 2012 fall report, the Auditor General raises the issue of «long - term fiscal sustainability» — the government's capacity to finance its activities and debt obligations in the future without imposing an unfair tax burden on future generations.

Ms. Caro Diaz is part of the Organizing and Capacity Building Team at the Center for Popular Democracy and provides support to social movements in Puerto Rico struggling against the debt and austerity measures proposed by a Fiscal Control Board.

Essentially what that means is we've got somewhere between $ 1.5 billion and $ 2 billion of debt capacity available to us.

The vast stimulus programme launched at the end of 2008 to counter the world financial crisis restored growth but led to wholesale misallocation of capital into wasteful projects that earn scant returns, the vast debt problem affecting companies as well as local governments, and also created soaring excess capacity in sectors such as steel production.

On that basis, quantitative easing frees up «capacity» for the issuance of additional market debt.

The Canadian consumer, meanwhile, might be benefiting from somewhat cheaper gasoline, but their spending capacity is stretched thanks to a record high level of household debt.

The loan is granted mainly on the basis of the project's capacity to generate sufficient revenue to service the debt.

Bank reports, which should give details of the bank's relationship with the company, the company's borrowing capacity and its level of debt.

The populace has run out of its capacity to take on new debt without going quickly into default on the debt already issued.

As an indicator of your creditworthiness how much you owe and how it's broken up across the different types of loans acts as a signal about your capacity to manage your existing debt.

God has given us the capacity to conduct practical budgeting as a means to get out of debt and become a blessing (Proverbs 21:5).

The city released an agenda for a mid-December meeting that listed «Review of Basic Deal Structure,» «Financing Issues,» including «City Debt Capacity,» and «Security for Public Financing,» as discussion items.

Given the State's limited resources, shrinking statutory debt capacity and unmet capital needs, it is critical that the State prioritize its use of debt and capital resources — including the (windfall) resources deposited in the (infrastructure fund)-- to ensure that they are used as effectively as possible, and with appropriate levels of transparency and accountability.

The plan, which is released following the passage of a state budget presenting an analysis of the spending plan as well as out - year projections, shows that the state's debt capacity is expected to tighten in the coming fiscal years.

New York is expected to remain under its debt capacity limit even as it continues to borrow heavily for new capital projects, according to the state Division of Budget's enacted budget plan released on Friday.

«Given the State's limited resources, shrinking statutory debt capacity and unmet capital needs, it is critical that New York prioritize its use of debt and capital resources, including the resources deposited in the DIIF and the other settlement resources, to ensure that they are used as effectively as possible,» the report found.