As the economic news worsens and profits dive, more firms will be at risk of breaching covenants on standard measures such as the ratioof debt to earnings before interest, tax, depreciation and amortisation.
Hctor Medina, Cemex executive vice president of planning and finance, says Cemex's ratioof debt to cash flow (earnings before interest, taxes, depreciation and amortization) currently stands at 3.55 and should soon fall to 3.0.