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HomePréstamos¿Qué es la relación de cobertura de servicio de deuda?

¿Qué es la relación de cobertura de servicio de deuda?

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Moyo Studio/ Getty Images; Ilustración de Austin Courregé/Bankrate

Control de interruptor

  • La relación de cobertura de servicio de deuda (DSCR) analiza el flujo de efectivo de una empresa frente a sus deudas.

  • La relación se utiliza al evaluar la capacidad de una empresa para respaldar los préstamos actuales y contraer financiamiento futuro.

  • Si su DSCR no es lo suficientemente suspensión, puede mejorarlo aumentando sus ingresos o bajando su deuda.

Para un préstamo de pequeñas empresas, el índice de cobertura de servicio de deuda (DSCR) es una métrica que compara el flujo de efectivo de una compañía con sus obligaciones de deuda. Los dueños de negocios e inversores pueden usar DSCR para comprender si la empresa está generando suficientes ingresos operativos netos para cubrir las deudas existentes, incluidos los principales y los intereses.

DSCR puede ayudar a informar las decisiones comerciales futuras, incluso si una empresa tiene la capacidad financiera de respaldar sus préstamos comerciales existentes y contraer más deuda. Todavía ayuda a los prestamistas a evaluar la fortaleza de las solicitudes de préstamos comerciales y cuánto aventura tendrán al prestarle.

Cómo calcular la relación de cobertura de servicio de deuda

Los dos componentes principales necesarios para calcular DSCR son los ingresos operativos netos anuales y el servicio anual de la deuda:

DSCR = Neto ingreso eficaz / servicio de la deuda

Para calcular los ingresos operativos netos, querrá analizar los ingresos antiguamente de impuestos de la empresa menos los gastos operativos, como salarios, alquileres e impuestos en efectivo, por un período de tiempo determinado:

Ingresos operativos netos = Ingresos: gastos operativos

El servicio de la deuda es el total de todos los pagos de la deuda existentes adeudados por la Compañía adeudado en el mismo período. Esto debería incluir todos los intereses y principios.

Es importante tener en cuenta que algunos prestamistas y profesionales financieros utilizan diferentes versiones de esta fórmula para calcular DSCR. Por ejemplo, el Instituto de Finanzas Corporativas (CFI) describe la fórmula DSCR utilizando EBITDA, sigla de ganancias antiguamente de intereses, impuestos, depreciación y amortización, en espacio de ingresos operativos netos. Si está calculando DSCR para comprender los ingresos de su empresa frente a las deudas, asegúrese de ser consistente con la fórmula que elija.

Ejemplo de DSCR

Como ejemplo, supongamos que su negocio tiene un ingreso eficaz neto anual de $ 100,000, con un servicio de deuda total de $ 50,000. En ese caso, su DSCR sería 2, lo que significa que puede cubrir su deuda flagrante dos veces.

¿Por qué importa DSCR?

Hacer un seguimiento de su DSCR lo ayuda a comprender la sanidad financiera genérico de su negocio. Proporciona un número concreto, en espacio de una idea genérico, para ayudarlo a evaluar la brecha entre cuánto efectivo está aportando y cuánto va en torno a la deuda.

Cuando se negociación de obtener la aprobación para un préstamo de pequeñas empresas, un DSCR resistente indica que su negocio ha descubierto cómo equilibrar la concepción de ingresos con el reembolso de la deuda y, por lo tanto, es probable que pague cualquier deuda nueva. Por otra parte de ser apto para un nuevo préstamo, un mejor DSCR, especialmente cuando se combina con otros indicadores de sanidad financiera, como un suspensión puntaje de crédito comercial, puede significar términos de préstamo más favorables como tasas de interés y tarifas más bajas.

¿Qué es un buen DSCR?

Un DSCR de 1 significa que el 100% de sus ingresos operativos netos actualmente se destinará a la deuda, lo que dificultará que su negocio tome préstamos adicionales. Por esa razón, la mayoría de los prestamistas requieren un DSCR por encima de 1, aunque los requisitos exactos pueden variar según el prestamista. La SBA, por ejemplo, tiende a apañarse un DSCR de al menos 1.15, mientras que muchos bancos requieren un leve de 1.25 DSCR. Un DSCR ideal de 2 significa que su negocio tiene el doble de ingresos que necesita para cumplir con las obligaciones mínimas de deuda.

Las condiciones económicas actuales además son importantes: los prestamistas pueden requerir un DSCR más suspensión de los potenciales prestatarios en los momentos en que la crematística es difícil, y muchas empresas están incumpliendo los préstamos.

En cualquier caso, es importante rememorar que DSCR no es toda la imagen, y los prestamistas determinarán sus propios requisitos. Todavía tendrán en cuenta cosas como su industria y la existencia de la empresa al evaluar su solicitud de préstamo.

Cómo mejorar su DSCR

La mejor forma de mejorar su DSCR es trabajar para aumentar las ganancias, achicar la deuda o, mejor aún, uno y otro. Más allá de aumentar las ventas, puede pensar en cómo achicar ciertos gastos. Por ejemplo, ¿puede negociar con los proveedores para circunvalar los precios más bajos? ¿Puede recortar costos de servicios públicos o laborales? En términos de reducción de la deuda, ¿puede refinanciar sus préstamos actuales y circunvalar una tasa más mengua?

El resultado final

Ya sea que se esté preparando para afirmar otra ronda de financiamiento o solo desea analizar mejor el bienestar financiero de su empresa, comprender el DSCR de su negocio es un adiestramiento útil. Si no es todo donde debe estar, hay formas de mejorarlo. Comience girando sus esfuerzos para impulsar los ingresos mientras reduce los gastos y la deuda existente.

Preguntas frecuentes

See also  Pros y contras de préstamos comerciales de inicio

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