ANNEX
Relevant financial indicators to be considered in the assessment of the financial situation referred to in Article 7(4)
(I)
(a) | Annual Net Income |
(b) | EBITDA |
(c) | Return on Equity (RoE) – RoE=(EBIT-Tax-Interest Paid)/(Average Equity) |
(d) | Return on Assets (RoA) – RoA=(EBIT-Tax)/(Average Total Assets) |
(e) | Net Profit Margin (NPM) – NPM=(EBIT-Tax)/(Average Total Assets) |
(f) | Sales to Total Assets (STA) – STA = Sales/(Average Total Assets) |
(II)
(a) | Debt to Equity Ratio (DER) – DER=(Debt+Value of Leases)/Equity |
(b) | Debt Ratio (DR) – DR=(Total Debt)/(Total Assets) |
(c) | Debt Yield (DY) – DY = EBITDA/Loan Amount |
(d) | Loan to Cost (LC) – LC=(Loan Amount)/(Construction Cost) |
(e) | Loan to Value (LV) – LV=(Loan Amount)/(Value of the Property) |
(III)
(a) | Interest Coverage Ratio (ICR) – ICR = EBIT/Interest Expenses |
(b) | Debt Service Coverage Ratio (DSCR) – DSCR = EBITDA/(Principal Amount+Interest Amount) |
(c) | Cash Flow to Debt Ratio (CFD) – CFD=(Cash Flow)/Debt |
(d) | Cash Ratio (CR) – CR=(Cash+Marketable Securities)/(Current Liabilities) |
(e) | Net Working Capital to Total Assets (NWCTA) – NWCTA=(Current Assets (Cash, Short-Term Securities, Receivable, Inventories, Other Current Assets))/Assets |
(IV)
(a) | Capitalisation Rate (CR) – CR=(Net Operating Income)/Capital |
(b) | Profit Yield (PY) =(Net Income)/Capital |