Question: Fixed charge coverage is below industry average and implies that the firm has significant operating leases Interest is covered by profits as are lease payments
Fixed charge coverage is below industry average and implies that the firm has significant operating leases
Interest is covered by profits as are lease payments and the number of times covered has increased each year
Strength
Fixed asset turnover, while increasing, is still
Weakness below industry average Current and quick ratios are above industry average and increasing The average collection period is increasing and is now above industry average
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