The sources of public utility capital

Bibliographic data

Monograph

Identifikator:: 1765274494

URN:: urn:nbn:de:zbw-retromon-144018

Document type:: Monograph

Title:: The sources of public utility capital

Place of publication:: Urbana

Publisher:: University of Illinois

Year of publication:: 1928

Scope:: 52 Seiten; graph. Darst.

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: I. The ratio of long term debt to total equities

Collection:: Economics Books

BuLrerin No. 20 Tne OF ysiness Nesearce wh gig of Hlineis on 1" Averaqe (Mode) ADT Averaqe Mode? 415 Average (Moda) 530 ~ x N 0 ) A y £ . ; ox woe. on 8 aE sor R28 FF BF Liaw $F Erdmoegoyox 5-9 Millions of Assets 10-49 Milliens of Assets 50 Millions or over of Asset Ratios Expressed as Fercentages CHART 1c—FREQUENCY DISTRIBUTIONS OF THE LonG-TeRM-DEBT-10-TOTAL- Equities Ratios oF PusLic UriLity COMPANIES BY S17E oF COMPANY of equities, and 50 million dollars of equities and over. The distribu- tion for these divisions are shown in Chart lc. The large companies have a greater proportion of their capital provided by bonds than the smaller companies, but they are in a position to risk trading on a smaller equity, The approximated modes for these sizes and the per- centages of cases concentrated about these modes are as follows : Companies with ~~ Companies with Companies with Total Equities Total Equities Total Equities of 5-9 of 10-49 of 50 mallions millions millions and over Modal ratio. ................ .407 .475 .530 Concentration about the mode. 449, 519%, 449, While these figures show that the larger companies assume greater bonded indebtedness than smaller companies, they also show that there is a greater degree of uniformity of policy in the moderate size com- panies than the others, as shown by the percentages of cases which approximate the modal ratio. Stated differently, the modal ratios in the small and large companies are less typical than the ratio for the companies with 10-49 millions of equities.

Access restriction

Copyright

fullscreen: The sources of public utility capital

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation