Debt Ratio definition

Debt Ratio as at the last day of any fiscal quarter, the ratio of (a) Consolidated Total Debt minus Designated Cash Balances on such date to (b) Consolidated EBITDA.

Debt Ratio means the ratio determined as follows —

Debt Ratio means “Total borrowings (include current & non- current borrowings” divided by “Total Equity (exclude non-controlling interests)”.

Examples of Debt Ratio in a sentence

• Debt Ratio equals the total liabilities divided by the total assets.

• When the Issuer Debt Ratio is at least equal to the Conversion Threshold, the Issuer may (but shall not be obliged to) notify the Trustee that the Secured Notes are to be converted into Unsecured Notes.

• Nonetheless, the above limit is adjusted according to the ratio of the Consumer Price Index for the month in which the Debt Ratio is calculated and the Consumer Price Index at December 2009.

• For all, the aforementioned limit will be adjusted up to a maximum of 2 times.For these purposes the Debt Ratio is defined as the ratio of Total Liabilities to Total Equity.

• Compensating factors may include, but are not limited to, low loan-to-value ratio, low Debt Ratio, substantial liquid assets, good credit history, stable employment and time in residence at the applicant’s current address.

More Definitions of Debt Ratio

Debt Ratio means, as of the last day of any fiscal quarter commencing with the fiscal quarter ending June 30, 2001, the ratio of (a) Total Debt to (b) EBITDA for the four consecutive fiscal quarters then ended on such date.

Debt Ratio means the ratio of Consolidated Total Indebtedness to Consolidated Total Capitalization.

Debt Ratio means the ratio of (i) the Lessee's Consolidated Indebtedness and Preferred Stock to (ii) Total Liabilities and Equity.

Debt Ratio means as of any date of determination, the ratio of (i) Funded Debt as of such date to (ii) Consolidated EBITDA in each case for the four fiscal quarters ending on such date.

Debt Ratio means the sum of total current liabilities and long term debt divided by total assets.

Debt Ratio means, as at the last day of any fiscal quarter of the Borrower (or, for purposes of the certificate of the Borrower delivered pursuant to Section 5.01(a)(vi), as at the Effective Date) (in any case, the “day of determination”), the ratio of (a) the sum of (i) the aggregate amount of Indebtedness of the Borrower and its Consolidated Subsidiaries as at such day of determination (determined on a consolidated basis, without duplication, in accordance with GAAP, but excluding any Revolving Loans) plus (ii) the average of the aggregate outstanding principal amounts of Revolving Loans as at such day of determination and as at the last days of each of the three immediately preceding fiscal quarters (including, as applicable, “Revolving Loans” under (and as defined in) the Existing Credit Agreement) to (b) Operating Cash Flow for the period of four consecutive fiscal quarters ending on such day of determination.

Debt Ratio means, as at any date (but subject in any event to the provisions of Section 8.10(e) hereof), the ratio of: