# Reserve coverage ratio

The ratio ReserveBeat renders on data pages: total reserve assets an issuer's report states, divided by the token liabilities the same report states at the same as-of date. Both figures pass through verbatim from the report. A coverage ratio describes one disclosure at one date — it is never a judgment of reserve sufficiency.

## Sources

- [GENIUS Act (S. 1582, 119th Congress) — congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1582)
- [ReserveBeat measurement methodology](https://reservebeat.com/methodology)

## Disclaimer

ReserveBeat renders figures from issuer-published reports and public blockchains, verbatim and at their stated scope. It is not an auditor, makes no attestation, and states no opinion on any issuer's solvency. Nothing here is investment, trading, legal, tax, or accounting advice. No figure published here is a recommendation to hold, buy, sell, or redeem any token.

Tracked tokens are subjects of public data: supply figures are read from their public Ethereum contracts, and composition figures from the issuers' own published attestation reports. No tracked issuer is a customer and none has endorsed this site.

Source: https://reservebeat.com/learn/reserve-coverage-ratio