Analyze the capital structure and long-term solvency of


The following ratios have been calculated for Wholesale Appliances, Inc. Analyze the capital structure and long-term solvency of Wholesale Appliances, Inc.

                                                                                2015                   2016

Debt ratio (%)                                                         77.8                   90.3

Long-term debt to total capital (%)                         29.8                    66.1     

Times interest earned (times)                               (2.0)                    (2.8)

Cash interest coverage (times)                              4.6                      4.1

Fixed charge coverage (times)                             (0.4)                   (1.0)

Cash flow adequacy (times)                                  0.2                     0.3

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Analyze the capital structure and long-term solvency of
Reference No:- TGS02719881

Expected delivery within 24 Hours