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Some Concepts

In: Understanding Corporate Credit

Author

Listed:
  • T. H. Donaldson

    (Morgan Guaranty Trust Company of New York)

Abstract

Some concepts are used in financial analysis, and in discussing balance sheets, profitability and so on, as a shorthand for particular combinations of factors. They can be considered as building blocks because they summarise the quality of several lesser aspects; in turn the analysis of the whole has to balance the quality of the various subsectors or concepts. It is necessary to understand the meaning of each individual item before combining them to understand the implications for the whole; it is equally necessary to understand the various building blocks.

Suggested Citation

  • T. H. Donaldson, 1983. "Some Concepts," Palgrave Macmillan Books, in: Understanding Corporate Credit, chapter 6, pages 79-97, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-17325-9_6
    DOI: 10.1007/978-1-349-17325-9_6
    as

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