DSCR Formula Excel Template

Prepared by Dheeraj Vaidya, CFA, FRM

dheeraj@wallstreetmojo.com

visit - www.wallstreetmojo.com
Calculate the DSCR for company X who has the following Income Statement.

Income statement of company x

Millions
Sales 100,000
Cost Of Goods Sold 80000
Gross Profit 20,000
Selling, General & 5000
Administrative Expense
R & D Expense 2000
Operating Income 13,000
Interest Expense 5000
Profit before tax(PBT) 8,000
Provision for income tax 4000
Net Income 4,000

DSCR 2.6
We will calculate the debt service coverage ratio of ILandFS Engineering and Construction Company.
We can get the data of operating profit which is equivalent to operating income and debt service from
profit & loss statement which is available in money control.

Net operating profit 160.92

Interests 396.03
DSCR 0.406
We will calculate the debt service coverage ratio of MEP Infrastructure Developers. We can get the
data of operating profit and debt service from profit & loss statement which is available in money
control.

Net operating profit 218.26

Interests 50.04
DSCR 4.362