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Unformatted text preview: market standards of 2: 1. Therefore, it can be said that the firm is highly risky at the operating and the financial levels as debt must be eating up most of the interest in the form of interest expense. The weighted average equity by market capitalization = ($ 2,023,464 / $ 3.61 Billion) x 100 = 0.050%. The company is trading at very high multiples. The book value of equity is less than 0.050% of the market capitalization of the company....
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- Spring '08