---
title: Alaali-ICR Framework Debt
url: https://www.ml-quant.com/papers/ssrn/5193923/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 5193923
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5193923
featured: 2025-03-26
citations: unknown
topic: Derivatives & Volatility
---


# Alaali-ICR Framework Debt

The article introduces the Alaali Interest Coverage Ratio, a dynamic framework that detects hidden credit risks in cyclical industries, incorporating volatility adjustments, ESG penalties, and a stability buffer.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5193923
- Identifier: SSRN 5193923
- Released: 2025-03-26
- First featured: Quant Letter No. 90 (2025-03-26): https://www.ml-quant.com/issues/2025-03-26/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

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