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Re: toogoodfella post# 111725

Friday, 10/18/2024 6:57:19 PM

Friday, October 18, 2024 6:57:19 PM

Post# of 116204
LBIE is solvent. I am starting to understand you a little better.

In finance, solvent means a company or individual has more assets than liabilities, or a positive net worth. Solvency is an important metric that measures a company's ability to meet its long-term financial obligations, such as paying off debts and interest.

Solvency is assessed using solvency ratios, which compare a company's total assets to its total liabilities. A company is considered solvent if its current ratio is greater than 1:1. A higher ratio of income to liabilities is better, and a ratio below 1:1 indicates that a company may not be solvent.

A company that is not solvent may need to restructure, downsize, or secure a plan to repay its debts. A company that is not solvent due to debt issues may have difficulty meeting its obligations and could default on its debts.

Solvency is different from liquidity, which measures a company's ability to meet short-term obligations.



JP Morgan Chase Bank, LBHI's Capital Trust securities' Holders paying agent will give us our money as soon as the Lehman's Group takes any exit to get off the Bankruptcy freeway in downtown London.
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