off balance


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Related to off balance: off balance sheet financing

off balance

1. Literally unbalanced or losing one's balance. This table is a bit off balance, I think one of the legs is shorter than the others. I always feel a little off balance when deboarding an airplane. I think it has something to do with the pressure.
2. Surprised or unprepared. Now that my kids are teenagers, they constantly keep me off balance with their antics.
See also: balance, off

off balance

1. Out of equilibrium, unsteady, as in When learning how to ride a two-wheeler, it's easy to get off balance and fall, or She stood up and threw the canoe off balance. [Mid-1900s]
2. Surprised, unprepared, as in The teacher gives unannounced tests to keep the class off balance. [Second half of 1900s]
See also: balance, off

(catch/throw somebody) off ˈbalance


1 make somebody/something unsteady and in danger of falling: I was thrown off balance by the sudden gust of wind.
2 make somebody surprised and no longer calm: The senator was clearly caught off balance by the unexpected question.
See also: balance, off
References in periodicals archive ?
The FASB's market value disclosure statement will require all of us - financial institutions and corporations alike - to provide market value information about all financial instruments of our companies, whether on or off balance sheet.
Assigning Lennar's share of the off balance sheet debt to Lennar's consolidated numbers would only raise its leverage ratio to 47%.
The key elements involved in working with FASB guidelines for off balance sheet treatment are to make sure that the sale conforms to the test of being a normal sale leaseback which is defined as active use of the property in the trade or business of the seller lessee.
The downgrade incorporates an upcoming off balance sheet financing of approximately $100 million, which will fund the construction of an administrative office building and parking garage adjacent to the hospital.
The rating also considers the off balance sheet financing of its longer dated land supply and the concentration of deliveries in Florida, Texas, and California (the three largest and among the most supply-constrained state markets in the country).
Leverage remains high, with the ratio of total debt (including off balance sheet debt) to EBITDA generation of US$63 million over the 12 months ended Sept.
85x (including cash flows from PCRSA deposits) strong liquidity with unrestricted cash covering about 200 days of operating expenses, and manageable overall leverage (including off balance sheet obligations) with debt to funds available for debt service of 7.
In addition, pulling the off balance sheet debt back on balance sheet does not materially alter LEN's consolidated capital structure.
The company has resolved several operating issues, in particular the recent disposition of its Musicland subsidiary which has reduced leverage by eliminating off balance sheet liabilities related to rental expense from its mall stores.