Financial Objectives
- Profitability
- Net Income Return on Beginning Equity 12 - 16%
- Operating Profit ROA > 16%
- Leverage
- Long-Term Debt/Total Capitalization 20 - 30%
- Total Debt/Total Capitalization + S.T. Debt 30 - 40%
- Coverage
- Times Interest Earned 4.5 - 5.5
- EBITDA/Interest > 6x