N.H. Admin. Code § He-Hea 1004.04

Current through Register No. 50, December 12, 2024

Section He-Hea 1004.04 - Debt to Equity Ratio

(a) "Long term liabilities" means a facility's debt which is likely to take more than one year to be paid.

(b) "Fund balance" means the excess of assets over liabilities.

(c) To calculate debt to equity ratio, applicants shall divide long term liabilities by fund balance, as in the formula below:

Long term liabilities

Fund balance

N.H. Admin. Code § He-Hea 1004.04

#6840, eff 8-28-98, EXPIRED: 8-28-06

New. #8742, INTERIM, eff 10-21-06, EXPIRED: 4-19-07

New. #8918, eff 6-22-07; ss by #9457, eff 4-21-09