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Home Depot Credit Rating
Essay specific features
Written by:
James T
Date added:
February 17, 2016
Level:
University
Grade:
A
No of pages / words:
5 / 1172
Was viewed:
4481 times
Rating of current essay:
Essay content:
This is the lowest that it had been for the last 10 years against an average of 1.61. A current ratio of 2 or higher would usually be a qualifier for good credit risk. The low current ratio of Home Depot will increase the credit risk.
Working capital is another measure that can be used to analyse credit risk in conjunction with the current ratio...
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The low current ratio of Home Depot will increase the credit risk.
Working capital is another measure that can be used to analyse credit risk in conjunction with the current ratio. The working capital for 2005 was $ 2.445 million and $ 3.818 million for 2004. This shows that the company has excess monetary recourses to cover the liabilities that are to be paid in the short term...
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