Net worth ratio definition

Net worth ratio means the ratio of net worth of the credit union to the total assets of the credit union.
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Net worth ratio means the ratio of the net worth of the credit union (as defined in paragraph (f) of this section to the total assets of the credit union (as defined by a measure chosen under paragraph (j) of this section.
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Net worth ratio means the ratio, expressed as a percent- age, the numerator of which is the result of subtracting the savings bank’s liabilities from its assets and adding to that number unallo- cated, general loan loss reserves, but not loss reserves for specific, identified losses, and the denominator of which is the savings bank’s assets.
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Examples of Net worth ratio in a sentence

  • Commencing on October 31, 2016, maintain a Debt to Net Worth Ratio of not greater than 1.50:1.00 measured at the end of each Fiscal Quarter.

  • Borrower will maintain at all times a ratio of total liabilities to tangible net worth, determined under consistently applied generally accepted accounting principles, of (Total Liabilities to Tangible Net Worth Ratio) or less.

  • Under the Note the Company must meet certain financial covenants including a Leverage Ratio, a Fixed Charge Ratio and a Tangible Net Worth Ratio.

  • Permit the Consolidated Funded Debt to Net Worth Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • The ratio of the Liabilities to Adjusted Tangible Net Worth Ratio as of the last day of the month ended ________________________ is ___ to 1.0 (the maximum ratio under Section 16.18(b) is 8.0:1.0).


More Definitions of Net worth ratio

Net worth ratio means the ratio of (i) outstanding Indebtedness of the --------------- Borrower and its Subsidiaries including outstanding standby letters of credit less outstanding borrowings which are secured by said letters of credit on a consolidated basis, less subordinated debt, to (ii) Consolidated Tangible Net Worth plus subordinated debt and shall be expressed as a ratio, so that, for example, if the amount of such Indebtedness is twice the amount of Consolidated Tangible Net Worth, then the Net Worth Ratio is 2 to 1.
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Net worth ratio means, as of any date, the ratio of Debt to Tangible Net Worth.
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Net worth ratio means the ratio, expressed as a percent- age, the numerator of which is the result of subtracting the associa- tion’s liabilities from its assets and adding to that number unallo- cated, general loan loss reserves (but not loss reserves for specific, identified losses) and the denominator of which is the associa- tion’s assets.
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Net worth ratio means the sum of the undivided earnings, the regular reserve, and other reserves, excluding the allowance for loan and lease loss account and excluding the investment valuation reserve account, divided by the total assets of the credit union ratio of net worth of the credit union to the total assets of the credit union.
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Net worth ratio means, with respect to a credit union, the ratio of the networth of the credit union to the total assets of the credit union.
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Net worth ratio means with respect to RCC, on a Consolidated basis, determined in accordance with GAAP, the ratio of Debt of RCC and its Subsidiaries (excluding Subordinated Debt) to the sum of the Net Worth of RCC and the amount of Subordinated Debt.
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Net worth ratio means the ratio of Borrower’s Total Debt to Borrower’s Tangible Net Worth.
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