Required Actual. Not less than 1.00 to 1.00 to 1.00
Required Actual. Section 6.30 – Leverage Ratio (maximum) 3.50 to 1.0 ____ to 1.00
Required Actual. Required as of the last quarter, plus 75% of equity raised, plus 50% of Net Income equals current Required Tangible Net Worth
Required Actual. Net Working Capital 1. Current Assets as measured in accordance with GAAP 2. Current Liabilities as measured in accordance with GAAP 3. Net Working Capital (1. minus 2.) Minimum Net Working Capital required for fiscal quarters other than fiscal year end = $15,000,000 Minimum Net Working Capital required for fiscal year end = $35,000,000 1. 2. 3.
Required Actual. 4.00 to 1.00 to 1.00
Required Actual. Not less than 1.0 to 1.0 ______ to 1.0
Required Actual. (a) Debt Service Coverage Ratio (minimum) 1.25 to 1.0 _____ to 1.0 to be tested quarterly Net Income $__________ DD&A $__________ Gains or losses $__________ CMLTD $__________ MCRs $__________
Required Actual. Tangible Net Worth Not less than $200,000,000 at any time. $ Net Income Not less than $1.00 for any fiscal quarter. $ Liquidity Unencumbered cash balances not less than $15,000,000 at any time. $
Required Actual. Not less than 3.00 to 1.00 to 1.00
Required Actual. 3.00 to 1.00 to 1.0 See the attached detailed calculations of the above in this Section 2.
