Fixed Charges


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Related to Fixed Charges: floating charges

Fixed Charges

Costs that do not vary with changes in output and would continue even if a firm produced no output at all, such as most management expenses, interests on bonded debt, depreciation, property taxes, and other irreducible overhead.

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There was a debenture over the company's assets which purported to create a fixed charge on the book debts outstanding on the receivers' appointment.
NTT East and NTT West also unveiled plans to offer similar fixed charges for Internet users via analog services by the summer of 2000.
Full-service hotels, the predominant type in the hospitality industry, showed an income before fixed charges of 21A percent of revenues, or $26.
For the next 12 to 24 months, Fitch projects that fixed charge coverage will approach the mid to high 2.
Going forward, Fitch will analyze FR's earnings (including and excluding the effects of gains on sale) relative to fixed charges, as well as the company's risk-adjusted earnings in relation to fixed charges.
EBIT fixed charge coverage is expected to exceed 12x and debt to capitalization is expected to remain below 20%.
After taking into account the costs of issue for the new securities and the premiums and other costs associated with the redemptions, the Company will realize savings in fixed charges on the securities redeemed with a net present value totaling about $5.
The impact of the PRIDES issuance on AmerUs Group's financial leverage and fixed charge coverage is negligible.
Berkley's pro forma fixed charge coverage has also declined as a result of this new debt issue to approximately five times from six times at year-end 2002.
For the fiscal year ended 12/31/02, AGLR's debt to capitalization ratio approximated 56% with cash flow coverage of fixed charges of about 4.
Funds from operations cover fixed charges plus common dividends by slightly less than 1.
Best notes the issuance of preference shares increases XL's fixed charges requiring additional up-streaming of dividends from its subsidiaries.