Risk Analysis
Business Risk = sigma OI/ mean OI
Sales Variability = sigma sales/mean sales
Operating Leverage = average change in OE/ average change in sales
debt to equity ratio = long term debt / long term equity
long term debt to total long term capital = long term debt/ long term total capital
total debt ratio = (current liability + long term debt)/long term capital
total interest bearing debt to total funded capital = total interest bearing debt /(long term capital - no interest bearing liability)
interest coverage = EBIT/ interest expense
fixed financial cost ratio = (ebit + elie)/(interest expense + elie)
cash flow coverage of fixed financial costs = (CFO + interest expense + ELIE)/(interest expense + elie)
cash flow to total interest bearing debt = CFO / (long term debt + interest bearing liability)