Capital structure

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The Hindu Business Line  Jul 17  Comment 
In the previous article of this serie...
Euromoney  Jul 11  Comment 
As the European securitization market slowly recovers, banks are printing full capital structure deals amid growing regulatory pressure and improving deal economics. However, some investors are not yet ready to buy.
Reuters  Jul 7  Comment 
PetSmart Inc said it is reviewing potential changes in its capital structure, days after activist hedge fund Jana Partners LLC said it planned to ask the pet products retailer to...
SeekingAlpha  Mar 18  Comment 
Global Ship Lease, Inc. (GSL) New Capital Structure Discussion Conference Call March 18, 2014 10:00 AM ET Executives Ian J. Webber – Chief Executive Officer Thomas A. Lister – Chief Commercial Officer Analysts Chris...
DailyFinance  Feb 18  Comment 
GEORGETOWN, SC -- (Marketwired) -- 02/18/14 -- Aventura Equities, Inc.'s (OTC Pink: AVNE) board of directors has announced that as part of its previously announced "change in corporate direction," that it has approved a change in capital...
DailyFinance  Dec 30  Comment 
TARP and Other Preferred Stock to Be Redeemed BLAIRSVILLE, GA -- (Marketwired) -- 12/30/13 -- United Community Banks, Inc. (NASDAQ: UCBI) ("United") today reported two beneficial developments regarding its capital structure and regulatory...
DailyFinance  Dec 16  Comment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/16/13 -- Canamex Resources Corp. (TSX VENTURE: CSQ)(OTCQX: CNMXF)(FRANKFURT: CX6) announces that on December 14, 2013, a total of 21,722,500 warrants expired unexercised. The number of fully...
StreetInsider.com  Dec 9  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/IBT+Vote+Allows+YRC+Worldwide+%28YRCW%29+to+Continue+Capital+Structure+Plan/8958704.html for the full story.
Reuters  Aug 29  Comment 
REUTERS - The BRICS bloc of large emerging economies have agreed on the capital structure for a proposed development bank that aims to reduce their reliance on Western financial institutions, the Wall Street Journal reported.
Reuters  Aug 28  Comment 
The BRICS bloc of large emerging economies have agreed on the capital structure for a proposed development bank that aims to reduce their reliance on Western financial institutions, the Wall Street Journal reported.




 
TOP CONTRIBUTORS

A company's capital structure refers to the relative proportions of equity (raising money by selling shares) and debt (raising money by borrowing) which the company uses to finance its activities.

A company's capital structure can have an enormous impact on its earnings per share, taxes, and interest payments, even though it is relatively easy for companies to change capital structures - I.E., to pay off debt by selling new shares, or to borrow money and buy back shares. As a result, valuation metrics which are not "capital structure neutral" -- ie, which are impacted by capital structure -- make it difficult to compare one company to another.

Earnings, for example, are not capital structure neutral because of the impact of taxes and interest. As a result, investors use metrics such as EBIT and EBITDA instead - profitability metrics which exclude the components of a company's earnings impacted by its capital structure - to compare companies and understand the fundamental earnings potential of the business.

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