The moderately high debt per capita of $4,467 is offset by the strong wealth and economic activity of the county, as evidenced by the low debt as a percent of market value ratio
First, the authors analyze the impact of differences between IFRS and US-GAAP on performance assessment through profitability, liquidity, solvency, and market value ratio
Joseph Piotroski's Stock Selection Methodology The stock must have a high book value to market value ratio
. Return on assets (ROA) should be positive and increasing.
Market Value Ratio = [P.sub.S][S.sub.S\P] + [D.sub.S\P] / [P.sub.P][S.sub.P] + [D.sub.P] (2)
In Table I, we see that on the close of the first day of trading, the market value ratio for both TURF and PFS Web (PFSW) are 1.45 and 1.16, respectively.
Still, for some dealers the net market value as a percentage of total market value of their contracts was significantly higher than for the market as a whole.(16) However, whether the higher net market value ratio of an individual firm's position represents significant price risk for that firm cannot be determined without taking into account the firm's offsetting cash market and exchange-traded futures positions.
(16.) The variability of exposures at the level of individual firms is apparent in the dispersion of firms' net market value ratios. These ratios are the net market value of a firm's contracts as a proportion of the value of either the positive or the negative market value contracts, whichever is smaller in absolute value.
Market value ratios
- relate the firm's stock price to its earnings and book value.