ASSET COVERAGE RATIO
It is a test that shows the ability of the company to cover its obligations in debts with its own assets after all the company’s liabilities have been paid off. The formula for this is:
=[(Book Value of Total Assets - Intangible Assets) - (Current Liabilities - Short Term Debt Obligations)] / Total Debt Outstanding
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |


