Section He-Hea 1004.03 - Debt Services Ratio(a) "Cash flow" means the sum of total revenue less total expenses plus depreciation and interest payment.(b) "Principal payment" means the amount of a loan due during one year which is attributable to the principal portion of the debt, less interest costs.(c) "Interest expense" means the yearly cost of borrowed funds.(d) To calculate debt services ratio, applicants shall divide cash flow by the sum of principal payment plus interest expense, as in the formula below: Cash flow
Principal payment + interest expense
N.H. Admin. Code § He-Hea 1004.03
#6840, eff 8-28-98, EXPIRED: 8-28-06
New. #8742, INTERIM, eff 10-21-06, EXPIRED: 4-19-07
New. #m 8918, eff 6-22-07; ss by #9457, eff 4-21-09