The graph DSCR shows the Debt Service Coverage Ratio (DSCR) and the Minimum DSCR which has to be reached to make Payouts in the particular Period.
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DSCR Calculation: DSCR = internal financed components of the operative Cashflow(t) / Debt Service referred to the Look Back Period
Graphical Representation
In the example graph the Minimum DSCR is violated in 2032several years. Thus there are no Payouts in this year (compare graph Internal Cashflow Waterfall)those years.