Calculate liquidity, leverage, asset management, and profitability and market value ratios.
An "A" student should be able to calculate the market value ratios and be able to convert them into internal and sustainable growth rates and explain how they have changed.
Although, the identification of cases where the market value of a parent's holdings in a subsidiary exceeds the entire market value of the consolidated parent firm is notable; even some of the market value ratios below one are impressive, given the relative proportion of assets.
These spin-offs illustrate that through prudent management, shareholders of the parent do not necessarily appear to be highly exposed to untimely capital gains recognition, certainly not to the extent required to justify the resulting market value ratios.
These predictions are inconsistent with the observed market value ratios.
22, respectively, for the offer date and month 1 market value ratios.
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.
The variability of exposures at the level of individual firms is apparent in the dispersion of firms' net market value ratios.
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.
