In other words, using the ratios provided by Robinson, Henry, Pirie, and Broihahn (2015), you will continue building a comprehensive financial statement analysis of your company.
In your paper,
- Calculate the following ratios:
- Debt-to-assets ratio
- Debt-to-capital ratio
- Debt-to-equity ratio
- Financial leverage ratio
- Interest coverage ratio
- Fixed charge coverage ratio
- Evaluate the companyâ€™s solvency, based on the ratios calculated above.
- Recommend three areas that the company could improve in order to strengthen its financial position, based on the ratios calculated above.