NDAQ » Topics » Interest Expense Coverage Ratio

This excerpt taken from the NDAQ 10-K filed Feb 28, 2007.

Interest Expense Coverage Ratio

 

Period

   Ratio

April 18, 2006 to September 30, 2006

   2.00 to 1.00

October 1, 2006 to March 31, 2007

   2.25 to 1.00

April 1, 2007 to March 31, 2008

   2.50 to 1.00

April 1, 2008 to March 31, 2009

   3.00 to 1.00

April 1, 2009 to September 30, 2009

   3.50 to 1.00

Thereafter

   4.00 to 1.00

 

This excerpt taken from the NDAQ 10-Q filed Nov 8, 2006.

Interest Expense Coverage Ratio

 

Period

   Ratio

April 18, 2006 to September 30, 2006

   2.00 to 1.00

October 1, 2006 to March 31, 2007

   2.25 to 1.00

April 1, 2007 to March 31, 2008

   2.50 to 1.00

April 1, 2008 to March 31, 2009

   3.00 to 1.00

April 1, 2009 to September 30, 2009

   3.50 to 1.00

Thereafter

   4.00 to 1.00
This excerpt taken from the NDAQ 10-Q filed Aug 8, 2006.

Interest Expense Coverage Ratio

 

Period


   Ratio

April 18, 2006 to September 30, 2006

   2.00 to 1.00

October 1, 2006 to March 31, 2007

   2.25 to 1.00

April 1, 2007 to March 31, 2008

   2.50 to 1.00

April 1, 2008 to March 31, 2009

   3.00 to 1.00

April 1, 2009 to September 30, 2009

   3.50 to 1.00

Thereafter

   4.00 to 1.00

 

This excerpt taken from the NDAQ 10-Q filed May 10, 2006.

Interest Expense Coverage Ratio

 

Period


   Ratio

Effective Date to June 30, 2006

   1.50 to 1.00

July 1, 2006 to September 30, 2006

   1.50 to 1.00

October 1, 2006 to March 31, 2007

   1.75 to 1.00

April 1, 2007 to September 30, 2007

   2.00 to 1.00

October 1, 2007 to March 31, 2008

   2.50 to 1.00

April 1, 2008 to September 30, 2008

   2.75 to 1.00

October 1, 2008 to March 31, 2009

   3.00 to 1.00

April 1, 2009 to September 30, 2009

   3.50 to 1.00

Thereafter

   4.00 to 1.00

 

Under the terms of the April 2006 Credit Facility, the Interest Coverage Ratio for the period from April 1, 2006 to June 30, 2006 may be less than 1.50 to 1.00 under certain circumstances, but will not be less than 1.35 to 1.00.

 

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Table of Contents

The Nasdaq Stock Market, Inc.

 

Notes to Condensed Consolidated Financial Statements—(Continued)

 

This excerpt taken from the NDAQ 10-K filed Mar 15, 2006.

Interest Expense Coverage Ratio

 

Period


   Ratio

January 1, 2006 to September 30, 2006

   2.75 to 1.00

October 1, 2006 to December 31, 2006

   3.00 to 1.00

January 1, 2007 to March 31, 2007

   3.25 to 1.00

April 1, 2007 to June 30, 2007

   3.50 to 1.00

July 1, 2007 to September 30, 2007

   3.75 to 1.00

October 1, 2007 to December 31, 2007

   4.00 to 1.00

January 1, 2008 to March 31, 2008

   4.25 to 1.00

April 1, 2008 to September 30, 2008

   4.75 to 1.00

Thereafter

   5.00 to 1.00

 

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