A structure used to uniquely identify a loan covenant obligation metric type.
2021-06-25
working-draft
loanCovenantObligationMetricTypeScheme
http://www.fpml.org/coding-scheme/loan-covenant-obligation-metric-type
http://www.fpml.org/coding-scheme/loan-covenant-obligation-metric-type-1-0
http://www.fpml.org/coding-scheme/loan-covenant-obligation-metric-type-1-0.xml
Code
63
Source
Description
key
CurrentRatio
FpML
Current Ratio: ratio of assets to liabilities.
DebtServiceRatio
FpML
Debt Service Ratio: the ratio of EBITDA to scheduled debt payments (principal plus interest).
FixedChargesCoverageRatio
FpML
Fixed Charge Coverage Ratio: the ratio of EBITDA to Debt Service plus capital expenditure plus taxes plus dividends.
InterestCoverageRatio
FpML
Interest Coverage Ratio: the ratio of EBITDA to interest expenses.
LeasePayments
FpML
Lease Payments: the amount of lease payments, usually expressed as a specified amount or % of EBITDA.
LeverageRatio
FpML
Leverage Ratio: the ratio of debt at a fiscal end date (usually quarter-end) to EBITDA for the previous two or four quarters.
NetWorth
FpML
Net Worth: the net worth (usually stock value + assets + x% of revenue) of borrower and subsidiaries.
NetWorthRatio
FpML
Net Worth Ratio: ratio of total liabilities to tangible net worth.
WorkingCapital
FpML
Working Capital: excess of assets over current liabilities.