DSCR Dropped from 1.45x to 1.18x
Covenant Breach in 8 Weeks
Your lenders set the threshold at 1.20x. Your spreadsheets show 1.32x. Reality shows 1.18x. The notification deadline is in 56 days.
The 12-Month DSCR Deterioration
Every month below 1.30x is a warning you didn't act on
DSCR Trend Analysis
Debt Service Coverage Ratio - 12 Month View
What Your Spreadsheets Miss
The gap between reported DSCR and actual DSCR
What You Report to Lenders
- -DSCR calculated quarterly from financial statements
- -Revenue recognized on accrual basis
- -Maintenance reserves at budgeted levels
- -Working capital adjustments not applied
- -Seasonal variations smoothed over
What SlideStrike Reveals
- +Real-time DSCR from cash flow actuals
- +Revenue on cash collection basis
- +Actual maintenance spend vs. reserves
- +Working capital impact visualized
- +Monthly trend with breach projection
The Breach Timeline
What happens when DSCR falls below covenant
DSCR Falls Below 1.20x
Quarter-end calculation reveals breach. Treasury team notified.
Internal Remediation Review
Finance team scrambles to find reporting errors. None found.
Lender Notification Required
Covenant requires written notice within 30 days of breach awareness.
Cure Period Begins
Lender grants 60-day cure period. Cash sweep activated.
Potential Default
If uncured, facility may be called. Refinancing required at penalty rates.
The KPIs Your Board Will Ask About
SlideStrike automatically tracks and visualizes these metrics
Stop the Breach Before It Happens
SlideStrike connects to your financial systems and provides real-time DSCR monitoring with automated lender-ready presentations.