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Hello Would you please help me with following: a. Conservative Financing determine the current LT Debt-Equity ratio and discuss whether company is conservatively financed>>>>>> and

Hello Would you please help me with following:

a.Conservative Financing determine the current LT Debt-Equity ratio and discuss whether company is conservatively financed>>>>>> and please explain how i can tell if the company is conservatively financed

Capital Structure

Total Debt to Total Equity

14.43

Total Debt to Total Capital

12.61

Total Debt to Total Assets

7.15

Long-Term Debt to Equity

14.43

Long-Term Debt to Total Capital

12.61

Retention calculate company retention ratio for 2014-2015-2016 :

2008-01 2009-01 2010-01 2011-01 2012-01 2013-01 2014-01 2015-01 2016-01 2017-01 TTM
Revenue USD Mil 5,975 6,486 7,184 7,866 8,608 9,721 10,230 11,042 11,940 12,867 13,084
Gross Margin % 22.7 23.6 25.8 27.2 27.5 27.9 28.0 28.1 28.2 28.7 28.7
Operating Income USD Mil 421 495 726 907 1,063 1,272 1,343 1,488 1,624 1,803 1,828
Operating Margin % 7.0 7.6 10.1 11.5 12.4 13.1 13.1 13.5 13.6 14.0 14.0
Net Income USD Mil 261 305 443 555 657 787 837 925 1,021 1,118 1,148
Earnings Per Share USD 0.47 0.58 0.89 1.16 1.43 1.76 1.94 2.21 2.51 2.83 2.92
Dividends USD 0.07 0.10 0.11 0.16 0.22 0.28 0.34 0.40 0.47 0.54 0.56
Payout Ratio % * 15.8 15.9 13.5 13.8 15.4 16.0 16.5 18.2 18.4 19.2 19.4
Shares Mil 549 525 500 480 460 446 432 418 406 395 393
Book Value Per Share * USD 1.81 1.87 2.25 2.82 3.29 3.82 4.52 5.27 5.95 6.76 7.14
Operating Cash Flow USD Mil 354 583 888 673 820 980 1,022 1,373 1,326 1,559 1,611
Cap Spending USD Mil -236 -224 -158 -199 -416 -424 -551 -647 -367 -298 -294
Free Cash Flow USD Mil 117 359 730 474 404 555 471 726 959 1,261 1,316
Free Cash Flow Per Share * USD 0.21 0.67 1.24 0.99 0.88 1.36 0.97 1.53 1.89 3.25
Working Capital USD Mil 387 358 555 691 578 609 474 603 769 1,061

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