Why do public utility companies usually have capital structures that are different from those of retail firms?
Why are earnings before interest and taxes (EBIT) generally considered to be independent of financial leverage? Why might EBIT be influenced by financial leverage at high debt levels?
Tag: Public utility companies
Public utility companies
Why do public utility companies usually have capital structures that are different from those of retail firms?
Why are earnings before interest and taxes (EBIT) generally considered to be independent of financial leverage? Why might EBIT be influenced by financial leverage at high debt levels?