Business, Legal & Accounting Glossary
A metric that compares total available cash assets to outstanding principal and interest payments. The higher the ratio, the more funds are available. A ratio of 1 indicates the company is covering payments with no cash assets remaining afterward.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Cash Available For Debt Service are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 1 Views.