• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

New! BPP Books for ACCA September 2022 Exams are now available, get your discount code >>

Debt covenant

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Debt covenant

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 28, 2021 at 7:51 pm #622088
    nk16
    • Topics: 66
    • Replies: 36
    • ☆☆

    Can plz brief me on debt covenant what are this am confused

    May 29, 2021 at 5:41 pm #622210
    Stephen Widberg
    Moderator
    • Topics: 10
    • Replies: 2526
    • ☆☆☆☆☆

    When a company borrows money from the bank, it makes certain promises – known as covenants. Normal covenants would be:

    1. Gearing will not be more than x%.
    2. Current ratio will not be less than x times.

    Etc.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate

If you have benefited from OpenTuition please donate.

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Latest comments

  • Joanne94 on The Management Accountant’s Profit Statement – Marginal Costing – ACCA Management Accounting (MA)
  • John Moffat on The Management Accountant’s Profit Statement – Marginal Costing – ACCA Management Accounting (MA)
  • AbrahamChinYuan on UNCISG – ACCA LW Global
  • jingdong on Pensions (IAS 19) – Introduction – ACCA (SBR) lectures
  • jingdong on Pensions (IAS 19) – Example – ACCA (SBR) lectures

Copyright © 2022 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in


We use cookies to show you relevant advertising, find out more: Privacy Policy · Cookie Policy