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"The rating action reflects the ongoing low level of profitability evident at Toyota, and which we expect to continue for an extended period," said Tadashi Usui, a senior analyst at Moody's, in a note announcing the downgrade.
This entails a low level of profitability, limited investments, and limited innovation capabilities.
"Right now National Mutual is at a low level of profitability," says axa Chief Financial Officer Grard de La Martinire.
Therefore, firms with a low level of profitability may have incentives to manipulate accounting information to improve their solvency indicators.
This strand of literature argues that firms with low level of profitability tend to justify such unimpressive corporate performance through reporting their environmental activities.
Similar(55)
Low levels of profitability no longer justify the use of new capital in the retail gasoline business.
Workers have little bargaining power at the moment and bosses have little ability to pay, given the low levels of profitability.
Indeed, modest levels of profitability and an oversupply of European breweries have helped to accelerate the process of consolidation.
Governance in developing countries is also an important indicator of financial health, as markets influenced by weak institutions and a loose rule of law lead to a low level of investor confidence and reduce profitability and efficient performance.
With regard to the gross return on investment (ROI), it should be highlighted that a large profitability ratio indicates a low level of insolvency risk.
I claim a low level of boredom".
More suggestions(15)
low level of viability
lower level of profitability
reduced level of profitability
low level of literacy
low level of complexity
low level of subsistence
low level of security
low level of inflation
low level of discussion
low level of ambition
low level of oxygen
low level of coverage
low level of toxicity
low level of rigor
low level of education
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com