Debt-Service Coverage Ratio: A Useful Financial Measurement for Assessing Future Debt Recovery
Debt RR
OCTOBER 13, 2019
government’s public debt hit a historic high of $22 trillion in Feb 2019 , according to the U.S. This matters because creditors use this information to determine whether to do business with the U.S. By 2029, the Congressional Budget Office estimates the national debt will rise to 93% of the gross domestic product (GDP).
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