leverage ratio
B2CEFR level
68/100Rarity: rare
TechnicalRegister
Law phrase
A financial covenant measuring total net debt against earnings before interest, tax, depreciation and amortisation.
The leverage ratio must not exceed four times EBITDA on any test date.
Business noun
A measure of indebtedness, most commonly net debt divided by EBITDA, that indicates how many years of earnings would be needed to repay borrowings.
The deal launched at a leverage ratio of five and a half times, which is aggressive for this sector.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like leverage ratio on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.