HomeDefinitionsCompareDebt Overall market price coverageThe financial definition for Overall market price coverage:Total assets less intangibles divided by the total of the market value of the security issue and the book value of liabilities and issues having a prior claim. This is used to determine how much of the market value of a certain class of securities would be covered in liquidation. Similar MatchesAdequacy of coverageAdequacy of coverageA test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging. Asset coverage testAsset coverage testA bond indenture restriction that permits additional borrowing if the ratio of assets to debt does not fall below a specified minimum. Cash flow coverage ratioCash flow coverage ratioThe number of times that financial obligations (for interest, principal payments, preferred stock dividends, and rental payments) are covered by earnings before interest, taxes, rental payments, and depreciation. Further SuggestionsCoverageCoverage initiated Coverage ratios Debt service coverage Debt service coverage ratio Guaranteed replacement cost coverage insurance Initiate coverage Click to compare definitions of Overall market price coverage Click to view definitions beginning ov |