Fixed charge

FIXED CHARGE - those expenses incurred each time a batch of product is produced. Primarily consists of ...
FIXED CHARGE RATIO - calculated: total fixed costs/total expenses.

Business Definition for: income available for fixed charges
Dictionary of Finance and Investment Terms
income available for fixed charges ...

Fixed Charge Coverage Ratio
A measure of how well a company is able to meet its fixed
charges (interest and lease payments) based on the cash
generated by its operations. It is calculated by dividing the ...

Fixed Charges
1. Charges which do not increase or decrease with a change in volume.
2. Expenses that have to be borne whether any business is done or not.
Fixed Exchange ...

Fixed charge:
A security or collateral given by a borrower to a lender, in the form of a claim on specific assets of the borrower should he fail to pay. If the borrower goes bankrupt, only these specific assets may be taken over by the lender.

Fixed charges. A company's fixed expenses, such as bond interest, which it has agreed to pay whether or not it has earned sufficient profit with which to do so, and which are deducted from income before earnings are computed.

Fixed ChargeExpand/Collapse
A company's expenses, such as debt interest, which it must pay and which are deducted from income before income taxes are calculated.
Fixed Income SecuritiesExpand/Collapse ...

Fixed Charge
With respect to collateral on a credit facility, a lien that relates to specific assets that are individually identified.
Fixed Charge Coverage Ratio ...

'Fixed charges' can be interpreted in many ways, however. It could mean, for example, the funds that a company is obliged to set aside to retire debt, or dividends on preferred stock.

EBITDA To Fixed Charges
A ratio used to measure a company's ability to incur additional debt or its ability to pay off existing debt. The ratio is usually measured as EBITDA over fixed charges over a trailing four quarter period.

Charge: A fixed charge refers to a defined set of assets and is usually recorded in an official registry.

In the financial sense, a maintenance fee is a fixed charge that covers the operating expenses of a brokerage account. Usually, the maintenance fee is charged annually.

A debenture normally contains a fixed charge over a specific asset or assets of the company and/or a floating charge over the company's general assets, eg stock.

See: Fixed charge coverage ratio.
In context of municipal bonds, refers to the issuer's present and future ability to create sufficient tax revenue to fulfill its contractual obligations, accounting for municipal income and property values.

For example, it is a fixed charge for a privilege or for professional services. It is also called a tip or gratuity when paid for a service that is beyond the agreed upon compensation. The most common example is tipping a wait person in a restaurant.

COVERAGE " The number of times income will meet (or exceed) fixed charges. (1) Municipal bonds: Net revenues divided by annual debt service (2) Corporate interest coverage: E.B.I.T. divided by interest expense.

Other group of payroll taxes are paid from the employer's own funds, either as a fixed charge per employee or as a percentage of each employee's pay.

Debt-to-Equity Ratio
1: The ratio of a company's securities with fixed charges to the company's common stock equity. To calculate, divide the total amount of preferred stock and bonds by the amount of common stock equity.

Examples include, Debt to Equity, debt to total assets, and fixed charge coverage. Debt ratios are typically important to lenders. A high ratio indicates higher debt levels that may allow higher equity returns but often means higher risks.

Refers to the borrower's ability to make interest and principal payments on debts. See: Fixed charge coverage ratio.

Ratios used to test the adequacy of cash flows generated through earnings for purposes of meeting debt and lease obligations, including the interest coverage ratio and the fixed charge coverage ratio.
Personal Finance Headlines
SEARCH: ...

Coverage ratios Ratios used to test the adequacy of cash flows generated through for purposes of meeting debt and lease obligations, including the and the fixed charge coverage ratio.

This group of ratios is used to indicate the extent to which debt is being used and the prudence with which it is being managed. These ratios include debt to total assets, times interest earned and fixed charge coverage.
Debt-for-equity swap ...

between an employee and a brokerage firm outlining the rights of the firm purchasing an NYSE membership for that employee. Ability to pay Refers to the borrower's ability to make interest and principal payments on debts. See: Fixed charge ...

See also: Expense, Banks, Cost of capital, Principal payments, Profit margin