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Find 10 publicly traded companies and fill in the following information ( Table 1: Issuer Level Financial Information ), you should calculate the working capital

Find 10 publicly traded companies and fill in the following information (Table 1: Issuer Level Financial Information), you should calculate the working capital and Altman Z-Score based on the information you find (45 Marks).

Here are the requirements:

  1. Firms’ stock must be publicly traded on major stock exchange
  2. Firms must have a credit rating score from Standard & Poor’s (Long-term issuer credit rating)
  3. The rating scores from these 10 firms should cover a wide range of credit rating levels with the following specific requirements:
    1. at least one firm’s rating score is at AAA level;
    2. at least one firm’s rating score is at AA level (any of AA+, AA, AA-);
    3. at least one firm’s rating score is at A level (any of A+, A, A-);
    4. at least one firm’s rating score is at BBB level (any of BBB+, BBB, BBB-);
    5. at least one firm’s rating score is at BB level (any of BB+, BB, BB-);
    6. at least one firm’s rating score is at B level (any of B+, B, B-);
    7. at least one firm’s rating score is at CCC level (any of CCC+, CCC, CCC-)

  1. The last Column Altman Z-Score should be calculated based on the formula’s on page 458 in the textbook.
  2. Working capital is the difference between current assets and current liability.
  3. All the 10 firms should be from the same country.
  4. All the financial ratios: total asset, EBIT (earnings before interests and taxes), …, should be the most
  5. Table 1: Issuer Level Financial Information Retained Curre Company Company Stock Total EBIT Sales 1 2 3 4 5 6 7 8 9 10 

Table 1: Issuer Level Financial Information Retained Curre Company Company Stock Total EBIT Sales Shareholder's Total Equity Liabilities Earnings Asset Name S&P Ticker Assets Credit Symbol Rating (Issuer credit rating)

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