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Cash Available for Debt Service |
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Cash Available for Debt Service Ratio of cash assets to debt service (interest plus nearby principal). Used in evaluating the risk of a project or firm. The higher the ratio the less likely the firm or project will fail to meet its debt obligations. |
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? Mentioned in | ? References in periodicals archive | |
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Fitch will continue to monitor the performance of the Gould project, which will contribute 20% of cash available for debt service once the fixed price period expires. 5 million, decreased cash available for debt service in 2005 to $116 million from $146 million in 2004. In 2005, after-tax cash available for debt service exceeded scheduled interest and principal payments of $43. |
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