Debt to Asset Ratio. A financial ratio that measures the proportion of an organization’s assets that are financed through debt. It compares an organization’s total assets to its total liabilities and is measured by dividing the total liabilities by the total assets. If the ratio is less than one, most of the organization’s assets are financed through equity. If the ratio is greater than one, most of the organization’s assets are financed through debt. Deficit: Schools are not authorized to have expenses in excess of appropriations and should budget accordingly to always operate with a surplus of revenue over expenses.
Debt to Asset Ratio means the result of (a) all Debt of the Borrowers and each of their respective Subsidiaries (including, without limitation, any Subsidiary Financing) to (b) the Net Asset Value.
Debt to Asset Ratio means, with respect to any specified Person as of any date of determination, the ratio of (1) the Total Indebtedness of such Person to (2) the Total Assets of such Person.
Examples of Debt to Asset Ratio in a sentence
A Debt to Asset Ratio greater than 1.0 indicates a school has more debt than it has assets to pay off said debt.
Calculation: Total Liabilities divided by Total Assets Data Source: Annual Fiscal Audit Report Debt to Asset Ratio Exceeds Standard The school has met standard for 3 consecutive years, including the most recently completed school year., OR The school operates debt-free.
Note: For schools in their first or second year of operation, substitute the “Aggregated Three‐ year Total Margin” with the “Total Margin.” Purpose ‐ The Debt to Asset Ratio measures the amount of debt a school owes compared to the assets they own; it measures the extent to which the school relies on borrowed funds to finance operations.
More Definitions of Debt to Asset Ratio
Debt to Asset Ratio means the ratio, expressed as a percentage, of Total Debt to Total Assets, as shown in the consolidated balance sheet of the Issuer and established pursuant to Article 13 of the Belgian Royal Decree of 13 July 2014 regarding regulated real estate companies (as amended or re-enacted from time to time).
Debt to Asset Ratio means total liabilities divided by total assets, where the term “total liabilities” includes total current liabilities (as defined in paragraph (g)) and total non-current liabilities as stated in the balance sheet of the annual audited financial report for the fiscal year; the term “non-current Liabilities” includes liabilities of maturity greater than 1 year; the term “total assets” includes total current assets (as defined in paragraph (g)) and total non-current assets as stated in the balance sheet of the annual audited financial report for the fiscal year; and the term “non-current assets” includes assets of maturity greater than 1 year;
Debt to Asset Ratio means the ratio of the Total Liabilities of the Borrower Group to the Total Assets of the Borrower Group, determined by reference to the financial statements most recently delivered under paragraph (a) or (b) of Clause 19.1 (Financial statements) of the Agreement;
Debt to Asset Ratio means, in respect of Guarantor and as of any applicable date of determination thereof, the ratio of (i) the Debt of Guarantor at such time to (ii) the net book value of all assets of Guarantor after all appropriate deductions in accordance with GAAP (including, without limitation, reserves for doubtful receivables, obsolescence, depreciation and amortization) at such time.
Debt to Asset Ratio means the ratio of (a) the Recourse Indebtedness for borrowed money of Parent and its consolidated Subsidiaries to (b) the aggregate book value of all assets of Parent and its consolidated Subsidiaries and the proportionate share of such assets owned by Affiliates of such Person, in each case, determined in accordance with GAAP.
Debt to Asset Ratio means the ratio, expressed as a percentage, the numerator of which shall equal the total Indebtedness of Guarantor and its consolidated Subsidiaries, on a consolidated basis in accordance with GAAP, and the denominator of which shall equal the Total Assets of Guarantor and its consolidated Subsidiaries.
Debt to Asset Ratio means, as of the end of any fiscal year of Borrower, the ratio of (a) Consolidated Indebtedness to (b) Consolidated Total Assets.