One such approach is to look at liquid assets, including earnings on retirement savings, as an alternate way to document that a borrower can afford a loan. .
Samsung Electronics, the semiconductor and flat-screen maker, posted a smaller drop in fourth-quarter profit than analysts estimated as liquid-crystal display earnings countered a decline in chip prices.
The firm has plenty of liabilities that will not be called in for a long time, as well as diverse earnings, vast liquid resources and shareholders willing to accept the earnings volatility that can result from taking relatively risky positions.
The challenge for affiliates is getting liquid access to their earnings.
Analysts forecast a 28.7% increase in global corporate earnings in 2010.In this section Liquid fuel Chucking the buck Ready to blow?
Corning on Friday reiterated its projected first-quarter earnings with expectations for its liquid-crystal-display business to see modest sequential growth despite an anticipated decline in pricing.
The maker of Colgate toothpaste, Ajax dishwashing liquid and Irish Spring soap, Colgate-Palmolive said quarterly earnings rose on zestier sales and stronger currencies in some of its markets.
The company said it was hurt in the quarter by a strong yen, which erodes overseas earnings, and by declining sales of liquid-crystal-display TVs and video game machines.
The company is trading at five times trailing earnings and on par with its net liquid assets.
The company has over $5 billion in liquid assets, including over $1 billion in cash, and it projects earnings of $2.55 next year and growth rate of 20%.
