In context to finance, senior debt refers to a fort of debt - often issued as senior loans - which takes priority over other forms, specifically junior debts and is often issued by corporate bodies.
To calculate the senior debt to EBITDA ratio, you divide the total amount of senior debt by the company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). The formula is: Senior Debt to EBITDA = Senior Debt / EBITDA. This ratio helps assess a company's ability to service its senior debt relative to its earnings and is commonly used by lenders and investors to evaluate financial health. A lower ratio indicates better debt management and lower financial risk.
No. While both tranches of debt are unsecured (no collateral pledged in support of the debt obligation), by definition, senior unsecured ranks higher in the capital structure than subordinated debt, meaning that senior unsecured creditor claims will receive payment prior to subordinated debt creditors upon bankruptcy of the debtor.
Secured debt has priority over other debdtors to the secured property. If that does not saisfy the claim, then te remainder may be filed as a general claim, taking position below senior debt.
can i as a senior citizen get a grant to help free me of the debt i have including credit cards and mortgage?????????
"Moorcroft Debt Recovery began trading in 1985 in Stockport, Cheshire. They are a debt recovery company that utilizes phone, mail, court and personal visits in attempt to recover debt."
Current Liabilities
Senior Debt / EBITDA
vairable Variable
A Server
how can i get a grant Iam senior citzen need help to debt and buy house in maricapo az. that i dont have to pay back.
Debt counsel for Seniors and the Disabled was developed in 1998 and is comprised of lawyers to have senior citizens deal with debt collectors. Their phone number is 1-800-992-3275 ext. 1304.
Credit card companies typically settle for around 50-60 of the total debt amount in debt negotiations.