Overall market price coverage

The 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 Matches

Adequacy of coverage

Adequacy of coverage
A test that measures the extent to which the value of an asset is protected from potential loss either through insurance or hedging.

Asset coverage test

Asset coverage test
A bond indenture restriction that permits additional borrowing if the ratio of assets to debt does not fall below a specified minimum.

Cash flow coverage ratio

Cash flow coverage ratio
The 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.

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Overall market price coverage
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