asset coverage
Definition
Extent to which an entity's tangible assets are adequate to meet its liabilities. Formula: (Total assets - Intangible assets - Current liabilities) ÷ Liability amount.
email to a friend
print this definition
cite this definition
link to this page
asset coverage is in the Accounting & Auditing, Banking, Commerce & Finance, Disaster Planning & Risk Management and Investing subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/asset-coverage.html