LGD and Owner earnings: Difference between pages

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Loss Given Default.
Owner earnings are defined briefly as:


Earnings after tax;
ADD
Depreciation and certain other non-cash charges;
LESS
Capital expenditure requirements;
LESS
Working capital requirements.


== See also ==
== See also ==
* [[Earnings]]


* [[Credit rating]]
* [[Default]]
* [[EAD]]
* [[Loss Given Default]]
* [[PD]]

Revision as of 14:20, 23 October 2012

Owner earnings are defined briefly as:

Earnings after tax; ADD Depreciation and certain other non-cash charges; LESS Capital expenditure requirements; LESS Working capital requirements.

See also