# DSCR

> DSCR is a leverage and coverage metric, calculated as Cash available for debt service ÷ Debt service (interest + scheduled principal). Common covenant. Real estate uses net operating income; corporate loans usually EBITDA less capex and cash taxes — the credit agreement defines it.

Source: https://lopifi.com/glossary/dscr
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is dscr?** DSCR is a leverage and coverage metric, calculated as Cash available for debt service ÷ Debt service (interest + scheduled principal).

## Formula

`Cash available for debt service ÷ Debt service (interest + scheduled principal)`

## Note

Common covenant. Real estate uses net operating income; corporate loans usually EBITDA less capex and cash taxes — the credit agreement defines it

- **Category:** Leverage & coverage
- **Specified in:** [Metric definitions](https://lopifi.com/md/docs/domain/10-metrics)
- **Related:** operating-income, credit, ebitda, capital-expenditure