Not exact matches
CVX's
debt - to - equity ratio is
very low at 0.21 and is currently below that of the industry average, implying that there has been
very successful management of
debt levels.
«He doesn't want to leave any question about the independence of the Governor of the Bank of Canada, but we have a situation under the Conservative government that has allowed record household
debt... and the bank is really caught between a rock and a hard place, because these high
debt levels create pressure for higher interest rates, but inflation is
very low.
However, developed countries always have higher
levels of private
debt than developing countries do, partly due to
very low access to credit and credit cards in developing countries.
Interest coverage of 1.7 times cash flow is
very low, and akin to what one gets on CCC - rated
debt, except that the loans are typically secured by the assets of the company, which lessens the severity
level of defaults.
When conditions are abnormal due to
very high
debt levels, one must factor that in, and not give credibility to statistics realized during periods with
low debt levels.
This is a significant problem and Rob believes that the current
low interest rate environment has encouraged Canadians to borrow more than they should, leading to our
very high
debt levels.
Do you think it's our current
low interest rate environment that has encouraged people to borrow more than they should and that's what's leading to the
very high
debt levels?
You need to have a
low level of
debt and
very few assets to use this process.