Example of Debt Coverage Ratio Formula. An example of the debt coverage ratio would be a company that shows on its income statement an operating income of $200,000. The debt payments for the same period is $35,000. By dividing the $200,000 by $35,000, the company would show a debt coverage ratio of 5.71.
Italy has a parliamentary democratic republic form of government with a multiparty system. There are three branches of power: the executive, the legislative and the judiciary branch.
The President of the Italian Republic (Italian: Presidente della Repubblica Italiana) is the head of state of Italy and, in that role, represents national unity and guarantees that Italian politics comply with the Constitution. The president's term of office lasts for seven years. The 11th President of the Republic, Giorgio Napolitano, was elected on 10 May 2006, and elected to a second term for the first time in Italian Republic history, on 20 April 2013.