The ratio a rating agency rates a bond on, the cash available for its payments against the payments due. S&P rates Hyperion’s notes on it. The book’s rent cover is a different ratio. Chapter 10.
From The AI Compute Race. Read the book
Where the book uses it
- Chapter 10 — The Lender’s Decision
Who is lending the money and who bears the loss: the bonds, leases and guarantees behind the largest campuses, and how the paper reaches ordinary retirement accounts.
Also discussed in
- Dated test Chapter 14, the campus’s financing
Related terms
From the glossary of The AI Compute Race.
How to cite this page
Dryburgh, Lee S. “Debt-service coverage.” In The AI Compute Race. DRYBURGH. https://dryburgh.com/vol1/glossary/debt-service-coverage (accessed 2026-11-01).
BibTeX
@misc{dryburgh-debt-service-coverage-2026,
author = {Dryburgh, Lee S.},
title = {{Debt-service coverage}},
howpublished = {In \emph{The AI Compute Race}, DRYBURGH},
year = {2026},
url = {https://dryburgh.com/vol1/glossary/debt-service-coverage},
note = {Accessed 2026-11-01}
}