The company said there are currently no borrowings under that facility.
Min and Lee 2008 studied business bankruptcy models based on six variables: financial expenses to sales (FE), the current liabilities ratio (CL), total borrowings and bonds payable to total assets (TB), the capital adequacy ratio (CA), the current ratio (CR), and the interest coverage ratio (IC).
TUMBLING exchange rates, gaping current-account deficits, fearsome foreign-currency borrowings and nasty recessions: these sound like the ingredients of a distant third-world-debt crisis from the 1980s and 1990s.
The committee had apparently demanded more information from the accountants in February, and those demands may have led to the company's decision to disclose the family's borrowings in March, which precipitated the current crisis, several people close to the situation said.
Certainly, there are best-seller lists; there are samples of library borrowings (many fewer of these in the current climate of budget cuts); there are regular publishing-industry questionnaires; there is, at any rate, earlier in the period, the evidence of Mass Observation surveys.
A good first step would be to draw a bright line between Fannie and Freddie's outstanding obligations, which total $1.5 trillion, and the borrowings they undertake in the future as their current paper matures.
The retailer had long-term borrowings of $17.9 billion at the end of July; its current stock market value is $20.3 billion.
In the current year the investment level will reach $9 billion, and the companys borrowings have remained pretty much at the same level.
However, the current problem with his business's finances is not the first time that the firm's borrowings have caused debate.
