higher and costly long-term debt. These companies have high averages in current liquidity, return to shareholders, growth in … sales and assets and market-to-book (MTB). Long-term debt was highlighted with an explanatory power of 85%. Current …

of future cash flows are influenced by discount rates when the debt-to-equity capital structure ratio is varied between 0 … and 2.5 debt-to-equity. The breakeven sensitivity was also conducted in relation to different gross margin ratios of … company. It was found that high value of debt-to-equity ratio yielded a flatter net present value with increase in gross …

growth - the few that exists show that there is a positive relationship between debt and future productivity growth …