The ratings reflect the city's sustained fiscal performance, sound debt and debt coverage ratios
as well as an expected increase in debt for 2018.
That could eventually weaken debt coverage ratios
and cash flows for tax credit properties.
Under the NAIC methodology, individual mortgage ratings are based on debt coverage ratios
, LTV and property type metrics.
adjusted by data available (with correlative effect on debt coverage ratios
Going forward, the Group is expected to increase its debt load to facilitate investment in working capital and business acquisitions; its gearing and FFO debt coverage ratios
are projected to average a respective 0.
Additionally, the company's new facility replaces its earlier USD15m secured revolving credit facility and contains some typical financial and other covenants and also, the company's ability to borrow under this facility is subject to compliance with the covenants and other restrictions on an ongoing basis, with the principle covenants limiting its level of debt and debt coverage ratios
impact on SOCAR's leverage profile and debt coverage ratios
If the region reinforces its debt coverage ratios
and trim refinancing risk by extending its debt maturity profile, the agency may upgrade the ratings.
Thirdly, a company must pay holders of debt an interest rate, even if the company is loss-making--and failure to pay interest or to achieve debt coverage ratios
may put the company into default and force a liquidation.
Cash debt coverage ratios
of AM Corporation show that 27.
In addition, lender debt coverage ratios
have readjusted to a minimum of 1.
The loan-to-value ratio and mortgage constant are used in both the band of investment and the Ellwood formula for developing overall rates, and debt coverage ratios
are easily surveyed or acquired from mortgage research sources such as the American Council of Life Insurance Companies' Investment Bulletin.