(Learning Objective 4: Measuring the times-interest-earned ratio) Companies that operate in different industries may have very different fi nancial ratio values. These differences may grow even wider when we compare companies located in different countries.

■ spreadsheet Compare three leading companies on their current ratio, debt ratio, and times-interestearned ratio. Compute three ratios for Company A, Company N, and Company S.

Based on your computed ratio values, which company looks the least risky?