Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information fromIBISWorld, and then analyze the results. Discuss what each of these ratios tells you about the company’s use of debt and how it compares to the industry average. Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes. If you were a lender, discuss whether you would you be willing to lend money to the company based on its use of debt.

Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information...

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Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information fromIBISWorld, and then analyze the results.

Discuss what each of these ratios tells you about the company’s use of debt and how it compares to the industry average.

Identify the major causes of any changes in these ratios and discuss your assessment of the company based on these changes.

If you were a lender, discuss whether you would you be willing to lend money to the company based on its use of debt.

Answered Same DayJul 17, 2021

Answer To: Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest...

Neenisha answered on Jul 19 2021

158 Votes

ADOBE INC
Ratio Calculation
    ADOBE INC

    2018
    Industry Average
    2019
    Industry Average
    Debt
    $ 41,24,800

    $ 9,88,924

    Equity
    $ 93,62,114

    $ 1,05,30,155






    DEBT TO EQUITY
    0.44
    13.80
    0.09
    7.40





    Earnings Before Interest and Tax
    $ 28,40,369

    $ 32,68,121

    Interest Expense
    $ 89,242

    $ 1,57,214






    TIMES INTEREST EARNED RATIO
    31.83
    0.20
    20.79
    0.1
Company Ratio VS Industry Ratios
Debt to Equity Ratio of Adobe Inc is very low at...

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Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest two years. Obtain the industry averages for these ratios and any other pertinent information...

Answer To: Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest...

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