finance dq

What is long-term debt-paying ability? Why is it an important issue to which we must pay attention?

What is times interest earned? Why do we need to “exclude” certain items to make the ratio more operation relevant? Do we need to make any other adjustments?

What is the fixed charge coverage? Why is this coverage important for capital intensive companies? Do we need to adjust any items to make the ratio more operation relevant?

What is debt ratio? What adjustments do we need to make so to make the ratio more relevant to financial position of the company?

What relationship is between Debt/equity ratio and debt to tangible net worth ratios? Are there any other long-term debt paying ability ratios that are used in the analysis?

What types of pension plans do we have? Give examples to illustrate the advantages and disadvantages of each to the company, and to the employee?

Why are contingencies important for certain industries, but not for others? Give examples to explain your points.