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 Italian Constitution defines three levels of local government: 1  Regions: At present 5 of them (Valle d'Aosta, Friuli-Venezia Giulia, Trentino-Alto Adige, Sardinia and Sicily) have a special status and are given more power than the others. The constitutional reform of 2001 gave more power to regions.