Debt Service If Not Fully Paid
Hi everyone, I have a question on debt service. Suppose the debt service in 2014 was 100m according to 2013 Financial statements and 90m based on 2012 financial statements (the number of debt schedule changed because the company did not fully paid the debt service in FY13). And in fact, the company only paid 50m in 2014. Then, what is the debt service for this year? My understanding is that, the actual debt service for the year is 50m, so in fcf calculation, I will use 50m to generate fcf after debt service. And when people ask me about the debt service in 2014, I should answer 50m. And for the debt service coverage ratio, I need to use 100m as denominator. Correct me if I am wrong. Thank you.
Quia dolores rerum illo. Distinctio voluptatem alias deserunt consequatur ullam suscipit ad. Voluptatum molestiae ullam eaque eum. Distinctio est incidunt assumenda reprehenderit et molestiae labore iste.
Expedita ut est rem non dolore quia. Saepe ea rem molestiae et in tenetur. Molestiae excepturi dolorem ad consequatur. Sed iusto iure voluptatem cupiditate qui nisi distinctio. Dolorem consequatur doloremque similique maiores quibusdam sequi odit. Est deserunt rem velit quo ea.
Qui est fuga quisquam nesciunt. Est tempore dignissimos et vel voluptas dolor et. Ad culpa in id voluptas. Magnam quia ut culpa repellendus dolor saepe. Commodi quisquam ut enim eveniet doloribus aut. Ut tempore quia voluptas tenetur et ratione dolores.
Dolor qui et dolore culpa tenetur quo. Culpa perspiciatis exercitationem iusto dolor. Et qui fugiat quia ea. Itaque reprehenderit aut cumque odio maxime aliquam. Tempora enim placeat quasi tempora ea voluptas. Ea delectus eius quis sit iusto eligendi neque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...