Total assets less intangibles divided by the total of the marekt value of the security issue and the book value of liabilities and issues having a prior claim. This is used to determine how much of the market value of a certain class of securities would be covered in liquidation .
OVERALL MARKET PRICE COVERAGE
Meaning of OVERALL MARKET PRICE COVERAGE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012