Leverage and Profitability in Selected Defense Industries.
Abstract
The object of this study was to obtain an understanding of corporate financial structures and ratios using financial reports of twelve major defense contractors as a data base; to determine if correlation exists between the contractor's use of debt (financial leverage) and profitability (net earning/stockholders' equity); and to develop an annotated bibliography of sources of business and financial information. The author compiled, analyzed and prepared graphical presentations of financial statistics on twelve defense contractors in five industries: shipbuilding, surface effect ship construction, electronic test instruments, weapons system (diversified) and semiconductor manufacturing.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 08, 1976
- Accession Number
- ADA036515
Entities
People
- Richard David Schulman
Organizations
- Defense Systems Management College