Definition of Debt service ratio - Finance dictionary
Debt service ratio((See Chapter 12 of the Vernimmen))
Debt service ratio is the ratio of EBIT to net interestexpense. A ratio of 3:1 is considered the critical level if the company is to meet its debt repayment obligations.
Debt service ratio((See Chapter 12 of the Vernimmen))
Debt service ratio is the ratio of EBIT to net interestexpense. A ratio of 3:1 is considered the critical level if the company is to meet its debt repayment obligations.
Debt service ratio((See Chapter 12 of the Vernimmen))
Debt service ratio is the ratio of EBIT to net interestexpense. A ratio of 3:1 is considered the critical level if the company is to meet its debt repayment obligations.