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Calculating Ratios and Estimating Credit Rating The following data are from Kellogg's 10-K report dated January...
Calculating Ratios and Estimating Credit Rating The following data are from Kellogg’s 10-K report dated December...
Calculating Ratios and Estimating Credit Rating The following data are from Kellogg’s 10-K report dated December 29, 2018 ($ millions). Revenue $13,547 Earnings from continuing operations $1,344 Interest expense 287 Capital expenditures (CAPEX) 578 Tax expense 181 Total debt 8,893 Amortization expense 23 Average assets 17,066 Depreciation expense 493 a. Use the data above to calculate the following ratios: EBITA/Average assets, EBITA Margin, EBITA/ Interest expense, Debt/EBITDA, CAPEX/Depreciation Expense. Definitions for these ratios are in Exhibit 7.4. b. Refer to...
Exhibit 7.6 Ratio Values for Different Credit Ratings* EBITA/ EBITA EBITA/ Oper (FFO + Int Avg...
Exhibit 7.6 Ratio Values for Different Credit Ratings* EBITA/ EBITA EBITA/ Oper (FFO + Int Avg AT Margin Int Exp Margin Exp)/Int Exp FFOI RCF/Net Debt Debt Debt/ Debt/ CAPEX/ Rev EBITDA Book Cap Dep Exp Vol 1.6 36.0 21.1 13.8 0.9 1.3 8.6 6.5 1.6 Aaa ........ Aa ... A............ Baa .... Ba.......... B............. Caa-C...... 35.7 21.1 13.4 7.2 10.4 16.0% 14.3% 13.6% 10.3% 8.6% 6.7% 5.6% 22.8% 21.4% 19.4% 15.1% 12.2% 9.7% 5.9% 19.0% 19.2% 16.8% 14.0% 10.9%...
Please correct all the x Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the...
Please correct all the x
Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements ($ millions). Revenue $13,601 Interest expense, gross $181 Depreciation expense 306 Dividends, including to noncontrolling interest 717 Amortization expense 417 Cash and cash equivalents 3,616 Operating profit (EBIT) 2,537 Marketable securities 83 Total debt 9,859 Average assets 24,713 Cash from operating activities 2,610 CAPEX 572 Funds from operations 2,852 a....
CREDIT RATING: Assign a hypothetical credit rating using the ratios above. (note: credit ratings are: Aaa, Aa, A, Baa,...
CREDIT RATING:
Assign a hypothetical credit rating using the ratios
above.
(note: credit ratings are: Aaa, Aa, A, Baa, Ba, B, Caa-C)
please show which credit rating it is and explain why you got
that credit rating. Thank you!
RATIOS EBITA/Average Assets Net Income Taxes Interest Expense + Amortization ЕBITA 158,536+23,333+(-27,435)+110,749 0.0656 6.56% - (1,675,614+1,581,603)/2 EBITA Interest Expense Net Income Taxes Interest Expense Amortization ЕBITA 158,536 23,333 + (-27,435) 110,749 -8.90 -27,435 ЕBITA Margin EBITDA Margin = EBITDA / Total...
Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Nordstrom Inc.’s...
Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Nordstrom Inc.’s 2016 financial statements. Use the information to answer the requirements ($ millions). Sales $14,095 Depreciation expense 560 Tax expense 376 Interest expense, gross 153 Earnings from continuing operations (Net income) 600 EBITA 1,117 Cash 595 Average total assets 8,472 Total debt 2,805 Noncurrent deferred tax liabilities 324 Noncontrolling interest 0 Equity 871 Dividends paid 1,185 Cash from operating activities 2,451 a. Compute the following...
Question 3 Partially correct Mark oso out of 4.00 Flag question Sales Assigning a Long-Term Debt...
Question 3 Partially correct Mark oso out of 4.00 Flag question Sales Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Nordstrom Inc.'s 2016 financial statements. Use the information to answer the requirements (5 millions) $14,095 Depreciation expense 560 Tax expense 376 Interest expense, grass Earnings from continuing operations (Net incomel 600 EBITA Casit 595 Average total assets Total debi 8,072 2.805 Equity 1.185 Noncurrent deferred tax liabilities Noncontrolling interest 871 Dividends paid Cash from...
Refer to the information below from Nordstrom Inc.’s 2016 financial statements. Use the information to answer...
Refer to the information below from Nordstrom Inc.’s 2016
financial statements. Use the information to answer the
requirements ($ millions).
1,325 Sales $15,208 Depreciation expense 584 Tax expense 400 Interest expense, gross 177 Earnings from continuing operations (Net income) 736 EBITA Cash 619 Average total assets 9,585 Total debt 2,965 Noncurrent deferred tax liabilities 436 Noncontrolling interest Equity 871 Dividends paid 1,185 Cash from operating activities 2,451 a. Compute the following seven Moody's metrics for Nordstrom. See Appendix 4A for...
Refer to the information below from Nordstrom Inc.’s 2016 financial statements. Use the information to answer...
Refer to the information below from Nordstrom Inc.’s 2016 financial statements. Use the information to answer the requirements ($ millions). Sales $14,095 Depreciation expense 560 Tax expense 376 Interest expense, gross 153 Earnings from continuing operations (Net income) 600 EBITA 1,117 Cash 595 Average total assets 8,472 Total debt 2,805 Noncurrent deferred tax liabilities 324 Noncontrolling interest 0 Equity 871 Dividends paid 1,185 Cash from operating activities 2,451 a. Compute the following seven Moody’s metrics for Nordstrom. See Appendix 4A...
Refer to the information below from Nordstrom Inc.’s 2016 financial statements. Use the information to answer...
Refer to the information below from Nordstrom Inc.’s 2016 financial statements. Use the information to answer the requirements ($ millions). Sales $14,095 Depreciation expense 560 Tax expense 376 Interest expense, gross 153 Earnings from continuing operations (Net income) 600 EBITA 1,117 Cash 595 Average total assets 8,472 Total debt 2,805 Noncurrent deferred tax liabilities 324 Noncontrolling interest 0 Equity 871 Dividends paid 1,185 Cash from operating activities 2,451 a. Compute the following seven Moody’s metrics for Nordstrom. See Appendix 4A...
Use the data from below. For the most recent year (2014) calculate the following ratios. Current...
Use the data from below. For the most recent year (2014)
calculate the following ratios.
Current ratio
Inventory turnover
Rate of return on total assets
Accounts receivable turnover (assume all sales are on
account)
Debt ratio.
Data:
Additional information:
There were no write-offs of delinquent accounts during the
year.
A building was sold during the year for $120.
P.S: Explain calculations too please!
Nroklesah Company Comparative Balance Sheets and Income Statement For the Years 2013 and 2014 BALANCE SHEETS Assets...
Exhibit 7.6 Ratio Values for Different Credit Ratings* EBITA/ EBITA EBITA/ Oper (FFO + Int Avg AT Margin Int Exp Margin Exp)/Int Exp FFOI RCF/Net Debt Debt Debt/ Debt/ CAPEX/ Rev EBITDA Book Cap Dep Exp Vol 1.6 36.0 21.1 13.8 0.9 1.3 8.6 6.5 1.6 Aaa ........ Aa ... A............ Baa .... Ba.......... B............. Caa-C...... 35.7 21.1 13.4 7.2 10.4 16.0% 14.3% 13.6% 10.3% 8.6% 6.7% 5.6% 22.8% 21.4% 19.4% 15.1% 12.2% 9.7% 5.9% 19.0% 19.2% 16.8% 14.0% 10.9%...
Please correct all the x
Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements ($ millions). Revenue $13,601 Interest expense, gross $181 Depreciation expense 306 Dividends, including to noncontrolling interest 717 Amortization expense 417 Cash and cash equivalents 3,616 Operating profit (EBIT) 2,537 Marketable securities 83 Total debt 9,859 Average assets 24,713 Cash from operating activities 2,610 CAPEX 572 Funds from operations 2,852 a....
CREDIT RATING:
Assign a hypothetical credit rating using the ratios
above.
(note: credit ratings are: Aaa, Aa, A, Baa, Ba, B, Caa-C)
please show which credit rating it is and explain why you got
that credit rating. Thank you!
RATIOS EBITA/Average Assets Net Income Taxes Interest Expense + Amortization ЕBITA 158,536+23,333+(-27,435)+110,749 0.0656 6.56% - (1,675,614+1,581,603)/2 EBITA Interest Expense Net Income Taxes Interest Expense Amortization ЕBITA 158,536 23,333 + (-27,435) 110,749 -8.90 -27,435 ЕBITA Margin EBITDA Margin = EBITDA / Total...
Question 3 Partially correct Mark oso out of 4.00 Flag question Sales Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Nordstrom Inc.'s 2016 financial statements. Use the information to answer the requirements (5 millions) $14,095 Depreciation expense 560 Tax expense 376 Interest expense, grass Earnings from continuing operations (Net incomel 600 EBITA Casit 595 Average total assets Total debi 8,072 2.805 Equity 1.185 Noncurrent deferred tax liabilities Noncontrolling interest 871 Dividends paid Cash from...
Refer to the information below from Nordstrom Inc.’s 2016
financial statements. Use the information to answer the
requirements ($ millions).
1,325 Sales $15,208 Depreciation expense 584 Tax expense 400 Interest expense, gross 177 Earnings from continuing operations (Net income) 736 EBITA Cash 619 Average total assets 9,585 Total debt 2,965 Noncurrent deferred tax liabilities 436 Noncontrolling interest Equity 871 Dividends paid 1,185 Cash from operating activities 2,451 a. Compute the following seven Moody's metrics for Nordstrom. See Appendix 4A for...
Use the data from below. For the most recent year (2014)
calculate the following ratios.
Current ratio
Inventory turnover
Rate of return on total assets
Accounts receivable turnover (assume all sales are on
account)
Debt ratio.
Data:
Additional information:
There were no write-offs of delinquent accounts during the
year.
A building was sold during the year for $120.
P.S: Explain calculations too please!
Nroklesah Company Comparative Balance Sheets and Income Statement For the Years 2013 and 2014 BALANCE SHEETS Assets...
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