Workflow Templates: Debt Management checklist

Review current debt obligations and maturity profiles

Analyze debt-to-equity ratio and compare with industry benchmarks

Evaluate interest coverage ratios and debt service coverage ratios

Identify opportunities to refinance high-cost debt

Negotiate with creditors for more favorable terms

Consider debt consolidation to simplify payments and potentially reduce rates

Improve collection processes to reduce accounts receivable days

Optimize inventory levels to free up cash

Extend accounts payable days where possible without incurring penalties

Create a detailed budget that includes debt repayment schedules

Forecast future cash flows with debt obligations in mind

Adjust budget and forecasts based on actual performance and revised projections

Regularly review covenants associated with debt agreements

Ensure compliance with all financial covenants and reporting requirements

Set up alerts for upcoming payments and covenant thresholds

Prepare regular updates on debt management for shareholders and board members

Communicate proactively with lenders about the company’s financial position

Involve stakeholders in significant debt-related decisions

Use Slack? Start your trial with one click

Start Free 14-Day Trial

Use Slack? Sign up with one click

Debt Management checklist