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With credit at 200% of GDP and average financing costs of roughly 7%, Chinese borrowers now need to generate cash-flow growth of 14% to cover their interest payments without eroding their profitability or being forced to borrow yet more.
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Steel companies say such so-called legacy costs have eroded their profitability.
With inflation already eroding their profits, farmers' patience snapped.
Tibetans fear the changes are eroding their traditional culture.
Continuing poor performance has eroded their trust in the railway.
Winter has further eroded their interest in cave-hunting.
The measure would effectively increase Blackstone's tax rate from fifteen per cent to thirty-five per cent, seriously eroding its profitability, and, according to the Joint Committee on Taxation, would generate an extra twenty-six billioverollars over the next ten years.
Mr. Hirai now faces the challenge of steering his limping corporation through a euro zone debt crisis that is denting global demand for consumer electronics and eroding the profitability of Sony products.
Only in the last year, as high gasoline prices, foreign competition and declining consumer interest have begun eroding the profitability of the market segment, has G.M. finally stepped up production significantly.
Since then, the government has limited beef exports and imposed price controls, moves that ranchers claim are eroding profitability.
[C5.] Blockbuster Tries a Remake The rise of online rental services like Netflix and the booming sales of DVD's at mass merchants have been eroding profitability at Blockbuster and other chains.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com