Asset Coverage

View Financial Glossary Index

Definition

The net assets that the company has to cover debt obligations or preferred stock. It can be expressed in dollars or as a percentage.

Formula

((Book Value of Total Assets - Intangible Assets) - (Current Liabilities - Short-term Debt Obligations)) / Debt Outstanding

Are you an investing professional?

Click here to request a live demo of YCharts Pro, our premium suite of tools and data.
Learn more about our professional products. Call 866-965-7552 or email sales@ycharts.com

Search the Glossary

Advertisement

Related Terms

Already registered? Click here to sign in.

Access watchlists and custom data alerts.
Start your free account.

required
required
required
required
required
Get Started Now
document.write('');

{{root.upsell.info.feature_headline}}.
Upgrade to {{root.upsell.info.tier_name}}. Start Your YCharts Membership. Start your {{root.upsell.info.tier_name}} Membership

{{root.upsell.info.feature_description}}

{{root.upsell.info.is_upgrade ? "Upgrade Now" : "Get Started Now"}}

Already a YCharts Member? Already a {{root.upsell.info.tier_name}} Member? Sign in here.