Debt Coverage Percentage

This percentage measures the excess income available for covering annual debt service (principal and interest) payments.  A high percentage is therefore a positive indicator that the organization has sufficient income to meet debt obligations. 

The numerator for this percentage includes changes in unrestricted net assets plus interest expense and depreciation expense.  The denominator consists of required annual debt service (principal and interest payments).

Year

Percentage

2017

230.50%

2016

178.04%

2015

216.53%

2014

202.95%

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