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Horizon offshore Inc

Title: Horizon offshore Inc
Category: /Business & Economy/Accounting
Details: Words: 1973 | Pages: 7 (approximately 235 words/page)
Horizon offshore Inc
Horizon Offshore Inc I General Information: A. Company Name <Tab/> <Tab/>Horizon Offshore Inc B Company's Industry Horizon Offshore, Inc. is a leading provider of marine construction services to the offshore oil and gas Industry. C. Choice of this company Just a friend of mine had recommended this company. D. Company trade Location Company trades at NASDAQ NM. E. The ticker symbol of the company. Ticker symbol …showed first 75 words of 1973 total…
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…showed last 75 words of 1973 total…ratio: A solvency that indicates what proportion of a company's assets is financed by debt Debt ratio = Total liabilities / Total assets = 207894 / 393584 = .53 0r 53% *<Tab/>Total liabilities to Net worth = A solvency ratio indicating the relationship between creditors claims to a company's assets and the owners claim to those assets Total liabilities to net worth = total liabilities / net worth <Tab/>83690 / 185690 = .451 The horizon has $ .451 of debt for every $1 of equity.

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