Coverage Ratio establishes relationship between the company’s financial obligations with the available resources to pay them off. In simple terms, it measures the ability to repay the liabilities of an entity. Copy the link given below and paste it in new browser window to get more information on Cash Coverage:- http://www.transtutors.com/homework-help/corporate-finance/financial-statement-analysis/ratio-analysis/long-term-solvency-measures/cash-coverage/
Assessing risk in a business has a lot to do with understanding the business' gearing (or leverage) ratio. This presentation takes highlights what you need to look for when analysing the ratio and some of the adjustments that sometimes have to be made.
Assessing risk in a business has a lot to do with understanding the business' gearing (or leverage) ratio. This presentation takes highlights what you need to look for when analysing the ratio and some of the adjustments that sometimes have to be made.
The Active Management Value Ratio 2.0 is a metric that allows investors and investment fiduciaries, such as pension plan sponsors and trustees, to avoid unsuitable investments and unwanted liability exposure.
The Active Management Value Ratio: The New Science of Benchmarking Investment...James Watkins, III JD CFP®
As the concepts of prudence and "best interests take on even greater importance in ERISA law and the overall investment industry, the ability to properly evaluate investment advice takes on even greater importance in order to avoid unwanted professional liability exposure.
Mutual fund companies get away with the fees they charge only because the average investor does not understand what he/she is paying for. www.unitedworld.edu.in
This allows for a sufficient tax shield to maximize the profitability of the buyout. By utilizing such leverage, we incur a great deal from the tax shield. Further, we would pay off the debt using our excess free cash flow to pay off the debt. By the end of the 5th year, we would sell the firm andgain from any excess value found within the firm.
With the pending release of the SEC's Reg BI, the issues of prudence and FINRA's fair dealing requirement are sure to receive considerable attention. The Active Management Value Ratio is a valuable metric to assist in the forensic analysis of actively managed mutual funds.
The Active Management Value Ratio 2.0 is a metric that allows investors and investment fiduciaries, such as pension plan sponsors and trustees, to avoid unsuitable investments and unwanted liability exposure.
The Active Management Value Ratio: The New Science of Benchmarking Investment...James Watkins, III JD CFP®
As the concepts of prudence and "best interests take on even greater importance in ERISA law and the overall investment industry, the ability to properly evaluate investment advice takes on even greater importance in order to avoid unwanted professional liability exposure.
Mutual fund companies get away with the fees they charge only because the average investor does not understand what he/she is paying for. www.unitedworld.edu.in
This allows for a sufficient tax shield to maximize the profitability of the buyout. By utilizing such leverage, we incur a great deal from the tax shield. Further, we would pay off the debt using our excess free cash flow to pay off the debt. By the end of the 5th year, we would sell the firm andgain from any excess value found within the firm.
With the pending release of the SEC's Reg BI, the issues of prudence and FINRA's fair dealing requirement are sure to receive considerable attention. The Active Management Value Ratio is a valuable metric to assist in the forensic analysis of actively managed mutual funds.
Ratio analysis advantages and limitations (Complete Chapter)Syed Mahmood Ali
The aim of this PPT's to provide complete knowledge of Ratio Analysis chapter covering all the formula's for any university student of B.com, M.com, BBA and MBA.
Prepare a witten financial analysis. .This should include calculation.pdfarrowit1
Prepare a witten financial analysis. .This should include calculations and discussion related to
the Chapter 5 appendix (Appendix 5A). See illustration 5A-1 for a summary of financial ratios.
Be sure to include (1) these ratios, (2) what they mean and (3) how you interpret them: o Current
ratio o Accounts receivable turnover o Inventory turnover o Profit margin on sales o Return on
assets o Return on stockholders\' equity o Debt to assets ratio Submit a WORD document via
D2L- Assessments - Assignments
Solution
Ans ) The ratios are not meant for a particular person or firm.People in various fields of life are
interested in ratio analysis from their own angles.The parties attached with business or firm are
creditors i.e. mony lenders, shareholders.Management uses the toolof Ratio analysisto
interpretate the information from their own angles.For example creditors are interested in
liquidity and solvency for which they will make use of current ratio , liquidity ratio,
proprietaryRatio, debt equity Ratio,capital gearing Ratio.Shareholders are interested in
profitability and long term solvency.They want to know the rate of return on their capital
employed for which they willmake use of Gross Profit Ratio, Operating Ratio, Dividend ratio
and Price Earning Ratio.Management is interested in overall efficiency of business which can be
better jud ged through Ratios like turnover to fixed assets, turnover to capital employed, stock
turnover ratio etc.So, from the above discussion it is clear that different prties uses the tool of
Ratio analysis for taking their own decisions
The particular purpose of a user is determining the particular Ratios that might be used ofr
financial analysis.Here we will discuss and calculate various ratios to do fianacial analysis.
Current Ratio = Current Assests/Current Liabilities
Current Assests= Cash + Bank+ Prepaid Insurance+Inventory+ Accounts Recievables
Current Assests=44746.5 +510+500+5000+29000=79756.5
Current Laibilites =Accounts payable
Current Laibilites= 30064.83
Current Ratio = 79756.5/30064.83= 2.7
Interpretation : Generally a current ratio of 2 times or 2:1 is cosidered to be satisfactory.Here the
current ratio of greater than 2 denotes the good liquidity position but it also indicates assest
liabilty mis match.But current ratio greater than 2 is generally preferred as compared to less than
2.
2.Account receivables turnover :It represents the number of times the cash is collected from
debtors.Lower turnover denotes poor collection and means that funds are blocked ofr longer
period of tiem and vice-versa.It also measure the liquidity of the firm.It shows how quickly
debtors (receivables) are converted into sales.The Account receivables turnover shows the
relationship between sales and debtors of the firm.
Account receivables turnover= Net Credit Annual Sales/Average trade debtors
3. Inventory turnover :This ratio indicates the number of times inventory or stock is replaced
during the year.The turnover of invent.
Financial analysis for juhayna & domty co . graduation project zagzig uni...Eslam Fathi
Financial Analysis is the process of selecting, evaluating, and identifying the financial
strength and weaknesses of the firm by properly establishing relationship between
items of financial statements. Firms, bank, loan officers and business owners all use
Financial analysis to learn more about a company’s current financial health as well as its
potential.
Ratios and Formulas in Customer Financial AnalysisFinancial stat.docxcatheryncouper
Ratios and Formulas in Customer Financial Analysis
Financial statement analysis is a judgmental process. One of the primary objectives is identification of major changes in trends, and relationships and the investigation of the reasons underlying those changes. The judgment process can be improved by experience and the use of analytical tools. Probably the most widely used financial analysis technique is ratio analysis, the analysis of relationships between two or more line items on the financial statement. Financial ratios are usually expressed in percentage or times. Generally, financial ratios are calculated for the purpose of evaluating aspects of a company's operations and fall into the following categories:
· Liquidity ratios measure a firm's ability to meet its current obligations.
· Profitability ratios measure management's ability to control expenses and to earn a return on the resources committed to the business.
· Leverage ratios measure the degree of protection of suppliers of long-term funds and can also aid in judging a firm's ability to raise additional debt and its capacity to pay its liabilities on time.
· Efficiency, activity or turnover ratios provide information about management's ability to control expenses and to earn a return on the resources committed to the business.
A ratio can be computed from any pair of numbers. Given the large quantity of variables included in financial statements, a very long list of meaningful ratios can be derived. A standard list of ratios or standard computation of them does not exist. The following ratio presentation includes ratios that are most often used when evaluating the credit worthiness of a customer. Ratio analysis becomes a very personal or company driven procedure. Analysts are drawn to and use the ones they are comfortable with and understand.
1. Liquidity Ratios
Working Capital
Working capital compares current assets to current liabilities, and serves as the liquid reserve available to satisfy contingencies and uncertainties. A high working capital balance is mandated if the entity is unable to borrow on short notice. The ratio indicates the short-term solvency of a business and in determining if a firm can pay its current liabilities when due.
Formula
Current Assets - Current Liabilities
Acid Test or Quick Ratio
A measurement of the liquidity position of the business. The quick ratio compares the cash plus cash equivalents and accounts receivable to the current liabilities. The primary difference between the current ratio and the quick ratio is the quick ratio does not include inventory and prepaid expenses in the calculation. Consequently, a business's quick ratio will be lower than its current ratio. It is a stringent test of liquidity.
Formula
Cash + Marketable Securities + Accounts Receivable
Current Liabilities
Current Ratio
provides an indication of the liquidity of the business by comparing the amount of current assets to current liabilities. A business's curren ...
Resultant of Coplanar Parallel Forces | Mechanical EngineeringTransweb Global Inc
If two or more than two forces are acting on a single plane then the forces are known as System of Coplanar Forces and if they are acting on different planes then the forces are called as Non-Coplanar Forces. Copy the link given below and paste it in new browser window to get more information on Resultant of Coplanar Parallel Forces:-
http://www.transtutors.com/homework-help/mechanical-engineering/force-systems-and-analysis/resultant-of-coplanar-parallel-forces.aspx
The force of attraction exerted by the earth on a solid body is known as Gravitational Force. It acts in a vertically downward direction and is known as weight of the body. Thus, the weight of the body is assumed to act at a point which is known as Centre of Gravity of a body. Copy the link given below and paste it in new browser window to get more information on The Centroidal Axis:-
http://www.transtutors.com/homework-help/mechanical-engineering/bending-stress/moment-of-inertia-about-the-centroidal-axis1.aspx
A force is a physical quantity that tends to change the behavior of a solid body when applied upon. This change in behavior may be change in shape of the body or motion of the body in the direction of its action. The force is a vector quantity since it has magnitude and direction. Copy the link given below and paste it in new browser window to get more information on System Of Coplanar Forces:-
http://www.transtutors.com/homework-help/mechanical-engineering/force-systems-and-analysis/system-of-coplanar-forces.aspx
Resultant of Two Unlike and Unequal Parallel Forces | Mechanical EngineeringTransweb Global Inc
A force is an external agent which changes or tends to change the behavior of any solid body. It is a vector quantity since it is designated with magnitude and direction. The forces may be of tensile or compressive in nature. Copy the link given below and paste it in new browser window to get more information on Resultant of Two Unlike and Unequal Parallel Forces:-
http://www.transtutors.com/homework-help/mechanical-engineering/force-systems-and-analysis/resultant-of-two-unlike-and-unequal-parallel-forces.aspx
Beam is a structural member whose lateral dimensions are much smaller than the longitudinal dimension and used to carry loads perpendicular to the longitudinal axis. The beams are generally used in buildings, bridges, trusses, etc., Copy the link given below and paste it in new browser window to get more information on SFD Load Diagram Examples:-
http://www.transtutors.com/homework-help/mechanical-engineering/bending-moment-and-shear-force/sfd-load-diagram-examples.aspx
A force is an external agent acting on another body. This force may moves or tends to move the body in the direction of its action. The force is a vector quantity since it is represented by its magnitude and direction. The force may be of pulling or pushing type. Copy the link given below and paste it in new browser window to get more information on Principle Of Transmissibility:-
http://www.transtutors.com/homework-help/mechanical-engineering/force-systems-and-analysis/principle-of-transmissibility.aspx
If a body is subjected to many forces on its plane at a single point then they are called as Coplanar Concurrent Forces. The effect of the forces acting on the body is unknown. It is necessary to determine the resultant force of the coplanar forces to know this effect. Copy the link given below and paste it in new browser window to get more information on Law Of Polygon:-
http://www.transtutors.com/homework-help/mechanical-engineering/force-systems-and-analysis/law-of-polygon.aspx
Similarities between Leadership and Management | ManagementTransweb Global Inc
In many aspects, leadership and management are almost known as Synonymous but both the words mean different. Similarities between Leadership and ManagementLeadership is an important and essential part of management. Without leadership, the meaning of management won’t be completed. Copy the link given below and paste it in new browser window to get more information on Similarities between Leadership and Management:-
http://www.transtutors.com/homework-help/industrial-management/leadership/similarities-between-leadership-and-management.aspx
The Rank Positional Weight Method can be used to develop and balance an assembly line. In this method, work elements are divided among workstations depending on the duration of work elements and their precedence position. Copy the link given below and paste it in new browser window to get more information on Ranked Positional Weight Method:-
http://www.transtutors.com/homework-help/industrial-management/line-balancing/ranked-positional-weight-method.aspx
Business Intelligence And Business Analytics | ManagementTransweb Global Inc
Business Intelligence is the initial basic step of Business Analytics. It refers to gathering raw and complex data, and converting it into systematic and logical information in a format that is usable by the end user. Copy the link given below and paste it in new browser window to get more information on Business Intelligence And Business Analytics:-
http://www.transtutors.com/homework-help/management/managing-information-technology/business-intelligence-analytics/
The ABC (Activity Based Costing) System is a system whereby the categorization of the cost is done one the basis of the various cost drivers. A cost driver is an activity that generates the cost. Copy the link given below and paste it in new browser window to get more information on ABC Cost Hierarchy:-
http://www.transtutors.com/homework-help/cost-management/activity-based-costing/abc-cost-hierarchy/
In today’s competitive world the term Speed to Market plays an important role for everyone. So, Speed to Market means the pace of introducing any change, innovation, creativity, any market practice for the purpose of increasing the Promotion of the product as quickly as possible in the market. Copy the link given below and paste it in new browser window to get more information on Speed To Market:-
http://www.transtutors.com/homework-help/industrial-management/product-development/speed-to-market.aspx
Hubris prevalent in an organizational context is referred as ‘managerial hubris’, which means the cognitive bias in the decision making process by one of the senior officials in an organization. Copy the link given below and paste it in new browser window to get more information on Managerial Hubris:-
http://www.transtutors.com/homework-help/finance/theories-of-merger-and-acquisition/managerial-hubris/
Conductance is an ability of a material to allow the passage of current or fluid or temperature through different materials. It is opposite of resistance through a path, higher the conductivity of material lower is its resistance. It is most commonly used with electrical circuits, though it is also used in fluid and thermals. Copy the link given below and paste it in new browser window to get more information on Conductance:-
http://www.transtutors.com/homework-help/electrical-engineering/conductance.aspx
Advantages and Disadvantages of Digital Electronics | Electrical EngineeringTransweb Global Inc
Digital Electronics circuits are those which operate with digital signals. These are discrete signals which are sampled from analog signal. Digital circuits use binary notation for transmission of signal. Copy the link given below and paste it in new browser window to get more information on Advantages and Disadvantages of Digital Electronics:-
http://www.transtutors.com/homework-help/electrical-engineering/digital-electronics/advantages-disadvantages/
Stabilization Of Operating Point | Electrical EngineeringTransweb Global Inc
Biasing of BJT amplifiers plays an important role in operation of these amplifiers. Broadly biasing means application of DC voltage for amplification of AC signal. For individual devices biasing circuit mainly includes resistance. Copy the link given below and paste it in new browser window to get more information on Stabilization Of Operating Point:-
http://www.transtutors.com/homework-help/electrical-engineering/transistors/stabilization-of-operating-point.aspx
Curves are of different types and for different purposes. Some of the curves are utility curve, margin curves, demand and supply curve, offer curves, etc. International trade is based on international specialization. Copy the link given below and paste it in new browser window to get more information on Offer Curves:-
http://www.transtutors.com/homework-help/international-economics/analytical-tools/offer-curves.aspx
Currency is any form of money in general circulation in a country. Foreign exchange is money denominated in the currency of another country or a group of countries. Simply, an exchange rate is defined as the rate at which the market converts one currency into another. Copy the link given below and paste it in new browser window to get more information on Fixed Exchange Rate:-
http://www.transtutors.com/homework-help/international-economics/economic-policy-in-open-economy/fixed-exchange-rate/
Computer Architecture is the set of pre-defined rules and methods that describes the functionality of computer system. In other words, a computer consists of both hardware and software and using some rules and methods for the interaction of both hardware and software of a computer is known as computer architecture. Copy the link given below and paste it in new browser window to get more information on Computer Architecture:-
http://www.transtutors.com/homework-help/computer-science/computer-architecture/
One of the great advantages of high-level programming languages such as c, c++, and java is that they are machine independent. Programs written in the high-level languages can run on any machine. This is possible because of the compiler. Copy the link given below and paste it in new browser window to get more information on Compilers computer program:-
http://www.transtutors.com/homework-help/computer-science/compilers-computer-program.aspx
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
2. Meaning of Coverage Ratios
Coverage ratios establish relationship between the company’s financial
obligations with the available resources to pay them off.
Common Ratios
Interest Coverage ratio
Debt Service Coverage ratio
Asset Coverage ratio
3. Meaning of Cash Coverage
Cash coverage is the company’s financial
flexibility, stability and its ability to meet its
financial obligations as they fall due.
Value of cash coverage ratios
• These are indicators of an entity’s
repayment ability in short-term and long-
term
• These can be compared against past
trends, industry norms or industry peers
• They should be interpreted with other
quantitative and qualitative information
4. Cash Ratio
This is a stringent and conservative
ratio to consider only cash, cash
equivalents and short-term
investments as the liquid assets
that is available to repay current
liabilities in an entity.
Formula
Cash Ratio = Cash + Cash equivalents + Short-term investments
Current Liabilities
5. Cash debt coverage ratio
Net cash-flow from Operating activities can be
checked from the Cash-flow Statement or the
recalculated EBITDA be used.
This measures the entity’s ability to repay its total
liabilities using the cash generated by its operating
activities in the normal course of the business.
Higher the ratio, it is less probable to use the entity’s
current assets to meet its total liabilities. Instead these
can be covered using the net cash-flow from
operating activities in the normal course of business.
Formula
Cash Debt Coverage ratio= Net Cash-flow from Operating activities
Average Total Liabilities
6. Current cash debt coverage ratio
This measures the entity’s ability to repay
its total current liabilities using the cash
generated by its operating activities in the
normal course of the business.
Higher the ratio, it is less probable to use
the entity’s current assets to meet its total
current liabilities. Instead these can be
covered using the net cash-flow from
operating activities in the normal course of
business.
Formula
Current Cash Debt Coverage ratio= Net Cash-flow from Operating activities
Average Total Current Liabilities
7. Downfalls of Cash Coverage ratios
Excess money indicates poor utilization of shareholder funds
Cash-flow from operating activities may not capture the actual cash
flow from the entity
With negative figure for net cash-flow calculation of these ratios are
not possible
8. Hey Friend,
This was just a summary on Cash Coverage. For more detailed
information on this topic, please type the link given below or copy it from
the description of this PPT and open it in a new browser window.
www.transtutors.com/homework-help/corporate-finance/financial-statement-
analysis/ratio-analysis/long-term-solvency-measures/cash-coverage/