Gottschalks' long-term debt
fell more than 40 percent in the most recent quarter, compared with the prior year.
With such a bond, the district, for example, could pay off half of its long-term debt
, which is more than $9 million, put $2 million to $2.
Also, if a business that structures long-term debt
to improve working capital does get hit with a drop in revenues, it is in a much better position to negotiate new demand loans or arrange alternative forms of short-term financing.
The cash flow adequacy ratio depicts the extent a company's cash from operations covers payments on long-term debt
, purchases of assets and dividend payments.
Year over year, the tabletop supplier watched its long-term debt
drop more than 20 percent.
Under a Proposition 39 bond measure, the district could pay off some of its long-term debt
, which is more than $9 million, build West Park Elementary School, and make improvements at Rosamond High School, such as building a larger cafeteria, trustees said.
Our review found that the MTA has taken a number of steps to ensure that its existing and proposed long-term debt
structure does not jeopardize its overall financial viability and solvency," the report states.
Only the current portion of compensated absences should be recorded in government funds, while the remainder should be recorded in the general long-term debt
The rating upgrade on the senior long-term debt
is based on TD AMERITRADE's progress in paying down debt according to its schedule.
The regional department store reduced its long-term debt
by the end of the most recent quarter while total equity increased slightly.
ROSAMOND - Southern Kern Unified School District trustees are exploring whether to pursue a bond measure to help pay off the district's long-term debt
, build an elementary school and do other campus improvements.
(Non-Peso) BB BB+ Long-Term Debt
(Peso) BBB BBB Short-Term Debt (Peso) D-2 D-2