What is meant by the term "repayment capacity"?

Repayment capacity measures provide insight into your ability to generate enough funds to make debt payments on intermediate and long-term loans (loans longer than one year) and to replace capital assets. If used alone, these measures only provide a snapshot of the business’s ability to perform. It is better when they are used along with a cash flow analysis to be certain that the business is able to meet its financial obligations over a longer period of time. The two financial measures relevant to repayment capacity are “term debt and lease coverage ratio” and “capital replacement and term debt repayment margin”.