Sentences with phrase «debt levels which»

Investors should instead be focusing on good - quality companies with relatively low debt levels which are positioned to continue to benefit from diverse growth opportunities.

Much as I think the expansion has a good deal further to run, I suspect that a significant number of households have chosen a debt level which makes sense in good times, but does not take into account the fact that bad times inevitably will occur at some time or other.

An acquisition in Foodservice (Enodis) during 2007 increased the company's debt level which caused problems during the downturn.

Not exact matches

(The authors chose 350 % because that's the level of debt at which borrowers tend to start missing payments.)

S&P said in March a rupiah exchange rate of 15,000 a dollar is «the psychological level» at which companies with weak balance - sheets could struggle with repayments and those with good cashflow might start to proactively restructure their debt.

In 2010, Shilling penned The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation, in which he predicted savings levels would increase and debt levels would fall in the lead - up to 2020.

A parade of reports and experts explained away high house prices and debt levels with many of the same arguments we hear today in Canada — yes, prices are way up compared to rents, but the analysis is built on flawed data; debt levels are high, but so are house prices, which minimizes the risk; America's demographics support the boom; and then the classic: There'll be a soft landing.

But much of that is contingent on consumer spending, which is being financed by record levels of debt.

The obvious answer is that businesses which generate profits grow their assets, which in turn, builds their equity (provided they aren't taking on an unsustainable level of debt).

In its latest statement, it said «household vulnerabilities have moved higher,» which is how policy makers describe the troubling nexus between excessive housing prices in many cities and record levels of household debt.

However, the lender also cautioned clients about the possibility of a sudden drop in the value of cryptocurrencies which «could expose them to substantially higher debt levels than they are able to repay.»

The country also has a high level of debt servicing ratio, which made its banking system more vulnerable.

But analysts say more still needs to be done on structural reforms to rein in ballooning corporate debt, which has reached levels that the IMF and others have warned sharply raises the risks of a financial crisis.

Elevated debt levels from the acquisition, after accounting for the recent C$ 345 million equity issue, contribute to estimated pro forma leverage of about 3.5 x, which is high for the rating.

It felt free to issue such an advisory, the central bank said, in part because it was less worried about those record levels of consumer debt and the housing market, both of which economists have said appear to be moderating.

Look at P / B in conjunction with other metrics, such as national current account deficits and debt levels, which should both be low.

In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability.

NEW YORK — Auto loan originations are at the highest level in eight years and auto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and Credit report.

Strong job gains, growing wages, and low debt levels have helped bolster household spending, which is expected to keep growing this year.

In fact there is a regular pattern that we see when debt levels rise in a country to the point at which either we suffer from a debt crisis or from a lost decade of difficult adjustment.

We suspect that much of the projected growth benefit from corporate tax reform comes from enacting expensing of equipment, which reduces the entity - level effective tax rate to zero on equity - financed investment and makes it negative if financed in part with debt.

When growth is most needed, when a country is suffering from excessively high levels of debt, it is hard to find many cases in which the aggressive implementation of reforms led to growth rates fast enough for the debtor to grow its way out of debt.

The government there said debt levels will be the highest in 22 years, which pushed stocks in Germany and France down by more than a percent; less in the U.K. Conway Gittens, Reuters

The combination of very high levels of debt and excess manufacturing capacity can lock an economy into a self - reinforcing deflationary process in which growth stagnates and debt rises faster than debt servicing capacity.

It would be erased in 2023 - 2024, under their forecasts, by which point the accumulated debt reaches $ 96 billion — just below the level at which Austin Powers's nemesis Dr. Evil would touch his evil pinky to his mouth.

Debt, in this case, must be rising faster than debt servicing capacity, in which case Beijing's true debt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmDebt, in this case, must be rising faster than debt servicing capacity, in which case Beijing's true debt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt servicing capacity, in which case Beijing's true debt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investmdebt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investment.

The fact that China's debt is rising much more quickly than China's debt servicing capacity is consistent with my implicit model — which claims that the optimal amount of capital stock in China is a function of China's relatively low level of social capital, and that Chinese investment has far exceeded its optimal level — but it doesn't prove it.

Although a number of factors led to this decision, a few worth noting are a modest level of debt (22 % of the capital structure, as shown in the Capital Structure box), ample cash (nearly $ 15 billion at yearend 2011, as noted in the Current Position box, which is directly below the Capital Structure box), and a lengthy history of solid earnings (which can be seen in the Statistical Array).

A key question for policy makers is whether there is a level of debt beyond which growth will suffer.

The couple of things I am keeping an eye one are the company's payout ratio, which you noted in your article, and the debt level to make sure that it doesn't continue to climb.

This forced upon its European trading partners the resulting unemployment pressure, although they were able to stave off unemployment with soaring debt for several years until 2009, after which debt levels reached their limits and unemployment in Europe duly soared.

But property transactions are not included in gross domestic product assessments — which helps explain why debt levels have surged while G.D.P. has not.»

That would seem to be the point at which interest rates are at the lower bound and the balance sheet can not be expanded at a SOE / household / business level assuming they are not using foreign FX to debt finance.

However, it does allow the government to issue more debt to restore market held debt to its previous level, which would finance HM type expenditures.

Next we subtracted the average spending for someone at that income level, which includes things such as consumer spending, charitable giving and interest on debt.

The framework of the deal, which you can read in this formal statement issued at the end of the latest conference, does make progress in helping Greece bring down its debt level by potentially inflicting losses onto official creditors.

During periods of decline it can be helpful to find long ideas among stocks which a) have low levels of debt, in case the market decline deepens, b) have a history of high returns on equity and investments c) have shown price momentum despite waning momentum in the overall markets.

The survey, which polled 4,766 Canadian employees between June 27 and Aug. 5, also found that 35 per cent said they feel overwhelmed by their level of debt.

«GCC countries have low debt levels and high levels of reserves, which gives them the ability to adjust domestic demand slowly without impeding overall stability.»

While the current price / peak - earnings multiple is already at an elevated level above 18, what I'll call the «P / E equivalent» multiples on other fundamentals are: 21 on the basis of book values, nearly 23 on the basis of enterprise value / EBITDA (which factors in the increasing share of debt on corporate balance sheets), over 25 on the basis of revenues, and 29 on the basis of dividends (largely because dividend payout ratios remain relatively low even on the basis of normalized earnings).

Speaking of a system bulging with debt protruding from every crevice, Jim Quinn's Burning Platform featured a must - read article yesterday in which the author has discovered that the Loan - To - Value Ratio on Fannie Mae - issued mortgages is now at its highest level in history — nearly 10 % higher than at the peak of housing bubble 1.0:

Canadians have a debt problem — the key measure of a consumer's debt burden now stands at a record level — which is why Finance Minister Jim Flaherty and Mr. Poloz's predecessor Mark Carney urged households for months to put a lid on it.

From the perspective of someone interested in making investments with 20 + year holding periods in mind, you need to be careful of owning banks because of the debt to equity levels involved in the investment, you need to be wary of technology companies because they must constantly be innovating to remain profitable and relevant (unlike, say, Hershey, which could stick with its business model of selling chocolate bars for the next century), and retail stocks which are always subject to the risk of a new low - cost carrier arriving on the block.

China's credit rating was downgraded one notch to A + by ratings agency Standard & Poor's (S&P), which cited increased economic and financial risks, following the significant rise in the country's debt levels since the global financial crisis.

Bank reports, which should give details of the bank's relationship with the company, the company's borrowing capacity and its level of debt.

So the budget deficit is actually greatly understating what is happening to the level of federal debt which wasn't always the case.

Learn how the enterprise multiple which looks at company debt and cash levels, in addition to its stock price, can be taken advantage of in value investing.

The company had $ 714 million in corporate level debt outstanding at quarter - end, a decline of $ 136 million from year - end 2011, including $ 608 million in non-recourse securitized notes payable and $ 103 million drawn on its $ 300 million warehouse credit facility, which was repaid subsequent to the end of the second quarter with proceeds from the company's securitization of $ 250 million of vacation ownership notes receivable.

However, during September some global institutions voiced concerns about the speed at which China has accumulated debt — which has risen from 147 % of GDP in 2008 to 255 % in March of this year according to the Bank for International Settlements — could hamper the country's ability to maintain its current level of growth.

What complicates and adds risk to the process for China is the country's elevated debt levels, the true extent and proliferation of which is unknown.