You are here: Home / Glossary / a / Asset-Coverage Test

Asset-Coverage Test

Asset-Coverage Test
Restriction placed through bond indenture that allows for additional borrowing provided asset to debt ratio is consistently above a minimum specified previously.

Related posts:

  1. Interest Coverage Test
  2. Coverage Ratios
  3. Acid-test Ratio
  4. Debt-Service Coverage Ratio
  5. Interest Coverage Ratio
Author: Filed Under: a Tagged With: ,

Leave a Comment