Estimate of bond rating, Portfolio Management

Estimate of Bond Rating

The score for UNH based on the Altman model is a score of 3.23. Based on the bankruptcy range for this model, the bond rating for UNH is estimated in the 'safe zone'. UNH Z score demonstrates its financial strength, as the company reported revenues of $94.1 million dollars, an increase of 8.05% over 2009 and an operating profit of $7.9 million, an increase of 23.67% over 2009. UNH's Earnings before Interest and Taxes (EBIT) to total assets score is 0.4 and this gives a good indication of how effectively the company is converting the money it has invested into net income. The company could do a better job though at generating more net income from its total assets. UNH has a negative working capital and is likely to experience problems meeting its short-term obligations because the company does not have enough current assets to satisfy its short-term debts.

 

Posted Date: 2/16/2013 4:49:57 AM | Location : United States







Related Discussions:- Estimate of bond rating, Assignment Help, Ask Question on Estimate of bond rating, Get Answer, Expert's Help, Estimate of bond rating Discussions

Write discussion on Estimate of bond rating
Your posts are moderated
Related Questions

A tax credit that allow more student and parents to pay for portion of their college expenses in the 2009 and 2010 tax years by increasing the existing Hope tax credit. The highest

"Portfolio evaluation provides a feedback mechanism for improving the entire portfolio management process". Explain

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice. You are given a notional £20

**See uploaded files** Question #''s 5 & 10, and problems #''s 1 a-c, 2 a-c,4 a-c, 5 a-b, & 6 a-c need to be answered and work shown.

Choose any five securities at random and determine the average returns for each company for the 132 months along with the variance and standard deviation of these returns. Next con

how systematic risk and market risk denoted

It is a kind of preferred stock where the dividends issued will change with a benchmark, most often a T-bill rate. The price of the dividend from the preferred share is set by a fi

Weighted average cost 13% cash flows: 1st Year = $20 million 2nd Year = $30 million 3rd Year = $40 million FCF grows at 7% after year 3 No of shares - 10 million Marketable securi

Comparison of knowledge management system with other systems