ratio describes the relationship between the return on equity and the return on assets. SK Energy’s financial leverage percentage in 2008 is 5.9% found by (ROE-ROA: 13.1% - 7.2%). SK Energy has positive leverage.
4) Earning per share (EPS)
The earnings per share ratio are a measure of return on investment that is based on the number of shares outstanding instead of the dollar amounts reported
proportion of its assets in government and government-guaranteed debt as a measure to stop losing money. After the crisis this loans increased by 12%, mainly in Hong Kong and Rest of Asia-Pacific, where surplus funds were placed on a short-term basis with financial institutions and central banks as part of Balance Sheet Management activities.
In 2006 and previous years loans and advances
Fund 만듦 ($30M)
KKR (Kohlberg Kravis Roberts) 의 성장
KKR 거래의 Leverage Ratio (부채 비율)
Leverage가 주는 효과
- 분산투자가 가능
- 투자회사의 가치증대에 기여:
법인세 감소효과
경영자 지분의 증가로 Incentive to work의 증가
부채상환으로 Free Cash Flow의 낭비를 줄임.
Holding Periods for KKR buyouts done between 1977
rations and owned businesses. Use is limited to land acquisition financing (토지매입자금), construction financing(공사자금), project financing(사업자금), etc. for the project. Bank loan limits up to within 20% of all equity capital. Business feasibility, creditworthiness of business practitioners and contractors, then check the overall risk within the scope of required funding is a
ratio is managed adequately.
※Caution
It is very sensitive to small events. If account receivable is lager, then cash ratio is volatile. So it often cannot show anything.
1.2. Current Ratio
The current ratio measures the cushion of working capital that companies manintain to allow for the inevitalble unevenness in the flow of funds through the working capital accounts. It measu