At this time, Fitch views OU as having limited new debt capacity given substantial fiscal 2017 and 2016 operating deficits, slim MADS coverage, and slim balance sheet reserves
Nonprofit health systems' traditional sources of capital, including balance sheet reserves
, cash flow from operations, philanthropy and debt, may not be sufficient for what is required for the future state.
The Government said its recovery strategy was based on increasing investment from the private sector, but it has failed to convince the private sector to begin unlocking those huge balance sheet reserves
which would lead to sustainable job creation.
"Or their post-credit crunch priority continues to be focused on the restoration of their balance sheet reserves
instead of constructive lending to valuable, relatively small, private businesses that are the only secure source of supply for an important section of the UK's food processing and retailing economy." She spoke out as the cost of keeping cattle continues to increase on the back of high food, fuel, fertiliser and bedding costs.
- Balance sheet reserves
will reach 1315% of the sector's loan book
The airline's balance sheet reserves
fell to GBP940m under IFRS from GBP2.22bn under the old guidelines.
Balance sheet reserves
will help reduce the transition liability:
Substantial increase in balance sheet reserves
Substantial growth in balance sheet reserves
and liquidity providing a stronger debt cushion and aiding revenue diversity
Indiana University's (IU) Aaa rating reflects its strong student demand and research activities, superior balance sheet reserves
and liquidity combined with funding from the Aaa-rated State of Indiana for operations and debt service related to the fee-replaced student fee bonds.
Offsetting challenges are its narrow cash flow that will continue for the next few years due to enrollment declines in the face of a competitive student market, as well as high leverage and relatively modest balance sheet reserves