Digital asset management

third negative side effect could be that their excessive leverage leads Cellnex to issue debt or equity securities or to sell some of its core assets, possibly not on the best terms, to meet payment obligations. Fourth, Cellnex might have to accept financial covenants in their financing contracts such as: debt limitation, cash restriction, or pledges of assets. Finally, their indebtedness could lead to a potential downgrade from a rating agency, which can make obtaining new financing more…

Trade-off theory of capital structure refers to the idea that a firm chooses how much debt finance and how much equity finance to use by balancing the costs and welfares. Trade-off theory of capital structure essentially involves offsetting the costs of debt against the benefits of debt. The Trade-off theory of capital structure converses the several corporate finance selections that a firm experience. Theories propose that there is a best capital structure that maximizes the value of the…

2.1.2 Liquidity Google Inc. has minimal liabilities mainly related to payables, short-term debt, accrued expenses, and securities payables. It was able to cover its current liabilities obligations using current assets at a rate of 5.90 times in 2014. The measurement reduced to 4.22 times coverage in 2012 as the level of short-term debt and accrued expenses/liabilities rose substantially. The most liquid measurement of quick ratio was also above 1:1 at 5.90 times coverage in 2011 and 4.18 times…

Reebok India Reebok international ltd is a public company. It was incorporated in 1979 as Reebok U.S.A. It generate sales of $3064 billion in 1997.reebok stock exchange was setup in New York. Reebok was founded in 1895 by j.w foster and sons in Bolton Lancashire, England. Then it was renamed as Reebok in 1958. It has been operating as a subsidiary of Adidas since 2005. Product line Reebok is an athletic footwear company. It produces and distributes fitness and sports items including. The…

Because, Ambo cooperative union has efficient management systems, better operational efficiency, better efficient utilization of shareholders’ equity and better efficient utilization of assets for return than Robi-berga cooperative union during the study periods. In generally, as profitability ratios those two unions were not satisfactory as the standard…

Price-earnings ratio for the year 2005 is -0.018 times while in year 2003 is 0.021 times. Since earning per share is below zero in the year 2003, it is considered as loss per share and results in negative price-earnings ratio. Price-earnings ratio can be negative mathematically but it is financially not acceptable. Therefore, price-sales ratio is used to compare between the both years. Price-sales ratio in year 2005 is 1.45 times which is lower than 1.80 times in the year 2003.The lower the…

status depending on the average demand for the items and EOQ value. The current service levels for the company are 68-75 %. Therefore for an effective and flourishing business the service levels should match to 90-95%. In order for the Inventory Management System to achieve this value, the following requirements would be…

company is equal to the value of its equity, but Market Capitalization is the current market value of its shares (Valuation Techniques Overview, n.d.). Book Value considers tangible assets of a company while calculating the company value, but Market Capitalization is the whole value of both tangible and intangible assets like brand values (Valuation Techniques Overview, n.d.). When the Market Value of a company is more than its Book Value, the buyer is paying more money for something with less…

The M Industries purchased 6 million shares of S House Inc. common on 3rd January, 2013 for $48 million. With the purchase of shares M Industries started holding 30% interest in the net assets of S House Inc. therefore the company will also earn 30% of net income of S House Inc. along with the amount of dividend declared by M Company at the rate of $1.00 per share on 15th December, 2013. The net income of S House as reported for the year ended 31st December, 2013 was $40 million. The M…

Over the past years, FDI has been growing interest especially in developing countries. Many studies carried out have recognized that FDI has actually supplements the most dominant type of investment and been served as a supplementary source of financing in many countries. This chapter discusses FDI theories and various empirical studies that have been carried out on the motives of FDI. 2.1 Theories on motivation of FDI There are many theories, which attempt to explain the motives of FDI. These…