by Ron Carleton | Nov 22, 2011
We’ve been running a poll on the Comments on Credit blog for the past few months asking 2 questions: It is no surprise that bankers like the debt service coverage and fixed charge coverage ratios best – they are good measures of a company’s ability...
by Ron Carleton | Mar 16, 2011
We welcome your comments and questions. Here’s a question from one of our readers: “I frequently come across credits that have a substantial amount of non-cash interest expense related to hybrid financial instruments.Specifically, the one I have in mind...
by Ron Carleton | Jan 4, 2011
The Wall Street Journal reported yesterday that Borders Group Inc. was halting payments to some suppliers, and that one publisher had stopped shipping books to Borders. The end is near. As we discussed in an earlier post, if trade creditors lose faith in a company,...
by Ron Carleton | Dec 28, 2010
Here’s our list of the top 10 topics on the minds of credit professionals in 2010: 10) Risk Management – We’ve written many times this year about risk management, both good and bad. Whether it was BP and operational risk, suppliers dealing with...
by Ron Carleton | Nov 18, 2010
The Terrible Auto Market With the success of the GM IPO, we may be tempted to forget the terrible decade the U.S. auto industry has just completed. Car sales steadily declined from 2000 through 2007, then collapsed in 2008 and 2009 to a level not seen since 1951. ...
