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Net cash provided by operating activities divided by average total liabilities equals the

a. current cash debt coverage ratio.
b. cash debt coverage ratio.
c. free cash flow.
d. current ratio.

1 Answer

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Final answer:

The net cash provided by operating activities divided by average total liabilities is known as the cash debt coverage ratio, which measures a company's ability to repay its debts from operating cash flow.

Step-by-step explanation:

The ratio of net cash provided by operating activities divided by average total liabilities is known as the cash debt coverage ratio. This ratio reflects a company's ability to repay its total liabilities from the cash generated from its operating activities, over a certain period, normally one year. It is a measure of financial solvency and indicates the cash available to pay debts. The measurement is useful for comparing the total cash regularly generated by a company with its current and long-term liabilities. It can give investors an idea of the company's financial strength.

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