China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
S&P: After Record Defaults This Year, Expect More Bad Debt In 2016
Aggregated Source: China Money Network
Top corporations in China will see their ratio of debt to earnings before interest, taxes, depreciation and amortization (EBITDA) increase further to five times in 2015, compared with 4.5 times in 2014 and 2.6 times in 2008, says Standard & Poor's Ratings Service. A five times debt to EBITDA ratio is considered highly leveraged, the […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network