Gap Ratio definition

Gap Ratio is the ratio of the difference between the value of the 2005-1 Dynamic Portfolio Index and the Bond Floor and the amount of the 2005-1 Dynamic Portfolio Index allocated to the 2004-1 Income 10 Buy-Write Index portfolio. The Gap Ratio on any Index Business Day will equal:
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Examples of Gap Ratio in a sentence

  • Century Next's one-year cumulative Gap Ratio is projected to be moderately asset sensitive, which means that more assets than liabilities will be repricing within the next year.

  • Beyond the one-year time horizon, the cumulative Gap Ratio is expected to continue to be asset sensitive.

  • At the end of 2017, Century Next's asset and liability position, referred to as "Gap Ratio" was asset sensitive, with a greater amount of earning assets subject to immediate and near-term interest rate changes relative to interest-bearing liabilities.

Related to Gap Ratio

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Quick Ratio means, with respect to Lessee at any time, the ratio, determined on a consolidated basis in accordance with GAAP, of:

  • Index Ratio means the Final Index Price divided by the Initial Index Price.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.