Assertion: asset's book value | /r/HasProperty | debt outstanding
Facets:
Source sentences:
text: BVTA = book value of total assets IA = intangible assets CL = current liabilities STDO = short term debt obligations \begin{aligned} &\text{Asset Coverage Ratio} = \frac{ ( \text{BVTA} - \text{IA} ) - ( \text{CL} - \text{STDO}) }{ \text{Total Debt Outstanding} } \\ &\textbf{where:} \\ &\text{BVTA} = \text{book value of total assets} \\ &\text{IA} = \text{intangible assets} \\ &\text{CL} = \text{current liabilities} \\ &\text{STDO} = \text{short term debt obligations} \\