Corporate debt is an important aspect of the financial world, with businesses often taking on debt to finance their operations and growth strategies. However, too much debt can be a burden on a company's finances, potentially leading to financial distress and even bankruptcy. Metrics such as debt to EBITDA and interest coverage ratios are closely monitored by investors and analysts alike as a method of determining the debt carrying capacity of a company. These metrics have significant limitations however, which need to be considered. In the first article of this series, Nick Job elaborates on various aspects of the debt and treasury advisory business.