Solution
Prince answered on
Sep 04 2022
I am contrasting the capital structure of JP Morgan Chase and Caterpillar Inc. Caterpillar is a non-banking organisation and a DJIA member.
Following is the capital structure of both companies in the recent annual report:
Particula
JP Morgan Chase
(Dec 21)
Caterpilla
(Dec 21)
Total Asset
3,743,567,000
82,793,000
Short - Term Debt
53,594,000
11,756,000
Long - Term Debt
301,005,000
25,954,000
Total Debt
354,599,000
37,710,000
Total Equity
294,127,000
16,484,000
Prefe
ed Stock
34,838,000
0
Comparison of capital Structure:
· Debt to Asset Ratio: The debt ratio, also refe
ed to as the debt to asset ratio, is a ratio...