Evaluating Solvency
review the financials of plug power inc. in Yahoo! Finance and the SEC EDGAR database in the Filings & Forms (Links to an external site.) page. You can access the financials by going to the Yahoo! Finance website, typing in the stock symbol of your organization, and then clicking on the Financials tab. After you have read, you will continue analyzing the financial health of the company. In other words, using the ratios provided by Robinson, Henry, Pirie, and Broihahn (2015), you will continue building a comprehensive financial statement analysis of your company.
In your paper,
Calculate the following ratios:
Debt-to-assets ratio
Debt-to-capital ratio
Debt-to-equity ratio
Financial leverage ratio
Interest coverage ratio
Fixed charge coverage ratio
Evaluate the companys solvency, based on the ratios calculated above.
Recommend three areas that the company could improve in order to strengthen its financial position, based on the ratios calculated above.
Must be three to four double-spaced pages in length (not including title and references page) and formatted according to APA.