Name the most commonly used Cover Ratios in project financing?

well, I would typically look at the Debt Service Coverage Ratio, Interest Service Coverage ratio and the Fixed asset coverage ratio to see the borrower's ability to make good the debt obligations on a quarter-quarter and an annual basis as well.

 

In addition, I would also want to see the profitability ratios of the company, because if the company starts making losses, there is that much more motivation to default on the debt obligations.

Debt Service Cover ratio, Interest Cover ratio, Debt Equity ratio, Asset Cover ratio, Total Outside Liability to Tangible Networth