Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the total interest coverage for NS? What is the total interest coverage for CSX? Which of the 2 companies has a better situation

image text in transcribed
image text in transcribed
image text in transcribed
What is the total interest coverage for NS? What is the total interest coverage for CSX? Which of the 2 companies has a better situation as far as debt service of its bonds? Which of the 2 companies has managed the cost of the uncapitalized expenses better? In terms of capital structure, which of the 2 companies is better positioned with their pension obligations? In terms of risk and return, which of the 2 companies has a best risk profile? NORFOLK SOUT'N NYSEASE BBS CHERRA PE celine growth going for a truckers. That mattent PEPE 61.06 13.9() 0.89 2.4% VALUE LINE 340 TIMELINESS 3 50 SAFETY LEGENDS 2013 2014 2015 TECNICA 3 ORE 2013-15 PROJECTIONS AT (-80%) Insider Decisions institutional Decisions 21 254148 22 25 1994 1995 1072996) 1999 2000 2001 2002 2003 2004 2005 2006 2007 2009 2010 2011 11 . 20:30 260 285 34 200 1 39 30 275 75 1 13 10 22 13:25 671 1998 2013 123 BE 2012 15 M 1.01 31 Aug CAPITAL STRUCTURE 2010 BSN 7320 120 W Total 0035 Din 1955 LT DE 236 en 2015 * * * * * * 365 Lasses Uncatena S.SE 1985 Pension A-1208 515 5517 Common 72120 MARKET CAP. 122 Cal SR CURRENT POSITION 2008 2009 2010 Case 518 1086 135 BUSINESS No Se Cortegory.com Receivables 570296 90 y Avg Cat 78 Acts Paya 394 1991. De Venec Det Out Current Lab 218 78 7 Norfolk Southern posted very strong Corridor For trains hauling double results in the 2010 September quarter.stacked intermodal containers Heartland ANNUAL RATES ang Par to Share earnings increased 479 year over represents the shortest mort direct route 7.550 031535 $2.466 billion. The railroad benefited from the new route improves transit time from 10 strong freight demand (volume up 156 the Virginia coast to Chicago from four viders 9.35 Nega vedudeoperatipe bovence daya to three and is nearly 250 miles QUARTERLY REVENUES ander Mar 31 Jun 30 Sep 30 Dec 31 Yes pense. Due to shortage of intermodal There are risks here. Through its ongo 2007 220 2200 2055 2054 2000 2500 275 284 2502 0861 tion more empty boxes, which pressured Norfolk Southern is partly targeting inter city Freight volume currently buled by se 2010 22:58 2030 ought to generate 2011 205 2030 2050 2525 SONO LARNINGS PER SHARE ward. The railroad face much tougher cern that the com competitive, and there is some con Mes Sep30 Den er samen in the upcoming quarters se return the business. There was freight demand 76 121 reduction hold up fairly well ance mecnica el late, including Steam-coal volumes, for one are expected in average train speeds and an increase in 2010 119 to remain strong. as stockpiles at a num terminal dwell times. However, new 128 Sber of coal burning power plants are locomotives and recent crew hires should QUARTERLY DIVDEOS PADS reportedly below target levels. Heading helpture things around te into 2011, the export cain opportunity Norfolk Southern shares are ranked s 18 2007 Ongoing network investment should price performance. At the current que 22 22 lead to better service and significant Eation, they have decent lor 2001 32 2001 3 12 cost savings. Toward that end, Norfolk ciation potential Southern recently opened the Heartland Nils C Ten Liew D Absalo nebor WOOVER 3.4.114 Be Nee camiseta Exel conter: 27.8.26 BD ca Exologin December RESPONSE OR ANYBORG To subscribeca 404 310 Bok Value eide 26 e Re The decent 97 2008 2009 1.14 18 . 20 THE PUSU CSX CORP. NYSE SI 3 66 88 H Pet Seperebound in business for 2011 at favorable prices ped Sup production. This, in turn, demand for the real coal place Omicals recently business 192 Marcare benefiting from prod. ty, the 2010 capital ng pricing. The NE PE 61.81 kno 13.9(1) PERO 0.89 1.7% VALUE 335 LINE TIMEUNESS 2 18 Target Price Range SAFETY LEGENDE 2013 2014 2015 TEONCA 3 315 OCTORS 1:20 Insider Decisions Institutional bacisions TOT RETURN Per 24 16 1994 1995 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 E00DE092010 2011 CENA 15 25 2023 2020 22.79 205 19.25 971525 25 200 315 3.61 195 3.56 13 200 71 190 50 50 20 54 1. Diva Del 10 22 2 2 Zone 119 14 15.30 12 23.5 2 GESTOOLS GOSSOS Comment 151 5 12 179 Relative PER 25 20 21 22 23 24 2 50% 1 20 CAPITAL STRUCTURE 12077 04 Total Debt 902 Due in Warga LT Debt 57297 List15 SORT 999 90 Derin 79001 TIT 55 45 5. 5.25 62346220 GOOD STD1520 CRD Wong Cape Obligations 2 7300 300 Soy Pe Stock None Common Stock 18 20 MARKET CAP: 23.1 Large Carl ned to como 22 AM Peal CURRENT POSITION 2008 2008 BUSINESS CSX Corner otwo: CSX Unes 203 CSX Word Cash A 670 about 21.000 and the Canadian 205. 2003 229.310 ce 1101 Y AC 200 Come Care 1200 s10 FLC Other South Pacheco S.On pont a CEO Current Asses & praeg Michael VA A WL 15 RJ Acts Payable en Corrales 29 202.49502200 www.com Debt Our Current Traffic flow at CSX should stay ahead trains, and fuel efficient locomotives are of economic growth for a while. Recent also boosting operating leverage. In addi ANNUAL RATES P automotive volume tion, CSX has booked 75% of its repeat Revues 9 ZON Cash 75% 100% 9.5 sales. And the car makers continue the intermodal double-stack network Eames 99 200 12.95 to Divis 2935 Book Valve 5.0 75% TOOS demand for chemicals and metals the opening of improved QUARTERT REVENUES into the port of New York New onda Me Peran Pesep Per Dec. Per catch up as the sute market supports er terminal in Ohio, the linchpin for Midwest been strong and domestie orders should Jersey state-of-the-art intermodal 2007 24222330 2501 2577 27132307 29012574 11255 a a ders for steel. Thermal coal shipments are service should be completed shortly 2240 2185 2289 2:20 2010 2012 2 1600 Robust trade continues to bolster inter 2011 cash flow is being put to good EARNINGS PER SHARE modal volumes Ca use. The quarterly dividend was raised for and are un Pesep Per Dec. Pedro al business is bright, thanks to increasing use of ethanol. Construction markets will share and CSX continues to agressively 50 5 buy back stock. And, in pursuit of further likely remain soft spot 2004 NO 2005 R 2 14 2010 100 1.11 gains and uctivity upped by osobadan 2011 180 28 12 135 ratio to the first-ever Momentum investors may find inter QUARTERY DIVENOS DE 70% mark in the September period. est in this timely issue. But strong pric ende 21 Sep 29 Dec 1 69.1%. On a 10% volume gain, crew starts in the early stages of an are not 2006 DES 10 were up 6% and headcount rose only 16 economie recovery and we expect modera- 2007 CSX has resumed hiring, but laboretion in all by 2012. Share appreciation 2008 15 18 77 pense increases should lag volume growth potential to 2013-2015 is unexciting into 2011. Automated technology, longer Craig Sirou December 3, 2010 A Primary caring Through the Guld ( 1.00216 38 702 y videos Company Financial Serangan an M: 0771 Stockfresh 206557260 4. 2008 PricePerce 01.) 02.10.2010 To subscribe call 1-800-833-0046 Fasi 23 And 2002 2009 2009 SO What is the total interest coverage for NS? What is the total interest coverage for CSX? Which of the 2 companies has a better situation as far as debt service of its bonds? Which of the 2 companies has managed the cost of the uncapitalized expenses better? In terms of capital structure, which of the 2 companies is better positioned with their pension obligations? In terms of risk and return, which of the 2 companies has a best risk profile? NORFOLK SOUT'N NYSEASE BBS CHERRA PE celine growth going for a truckers. That mattent PEPE 61.06 13.9() 0.89 2.4% VALUE LINE 340 TIMELINESS 3 50 SAFETY LEGENDS 2013 2014 2015 TECNICA 3 ORE 2013-15 PROJECTIONS AT (-80%) Insider Decisions institutional Decisions 21 254148 22 25 1994 1995 1072996) 1999 2000 2001 2002 2003 2004 2005 2006 2007 2009 2010 2011 11 . 20:30 260 285 34 200 1 39 30 275 75 1 13 10 22 13:25 671 1998 2013 123 BE 2012 15 M 1.01 31 Aug CAPITAL STRUCTURE 2010 BSN 7320 120 W Total 0035 Din 1955 LT DE 236 en 2015 * * * * * * 365 Lasses Uncatena S.SE 1985 Pension A-1208 515 5517 Common 72120 MARKET CAP. 122 Cal SR CURRENT POSITION 2008 2009 2010 Case 518 1086 135 BUSINESS No Se Cortegory.com Receivables 570296 90 y Avg Cat 78 Acts Paya 394 1991. De Venec Det Out Current Lab 218 78 7 Norfolk Southern posted very strong Corridor For trains hauling double results in the 2010 September quarter.stacked intermodal containers Heartland ANNUAL RATES ang Par to Share earnings increased 479 year over represents the shortest mort direct route 7.550 031535 $2.466 billion. The railroad benefited from the new route improves transit time from 10 strong freight demand (volume up 156 the Virginia coast to Chicago from four viders 9.35 Nega vedudeoperatipe bovence daya to three and is nearly 250 miles QUARTERLY REVENUES ander Mar 31 Jun 30 Sep 30 Dec 31 Yes pense. Due to shortage of intermodal There are risks here. Through its ongo 2007 220 2200 2055 2054 2000 2500 275 284 2502 0861 tion more empty boxes, which pressured Norfolk Southern is partly targeting inter city Freight volume currently buled by se 2010 22:58 2030 ought to generate 2011 205 2030 2050 2525 SONO LARNINGS PER SHARE ward. The railroad face much tougher cern that the com competitive, and there is some con Mes Sep30 Den er samen in the upcoming quarters se return the business. There was freight demand 76 121 reduction hold up fairly well ance mecnica el late, including Steam-coal volumes, for one are expected in average train speeds and an increase in 2010 119 to remain strong. as stockpiles at a num terminal dwell times. However, new 128 Sber of coal burning power plants are locomotives and recent crew hires should QUARTERLY DIVDEOS PADS reportedly below target levels. Heading helpture things around te into 2011, the export cain opportunity Norfolk Southern shares are ranked s 18 2007 Ongoing network investment should price performance. At the current que 22 22 lead to better service and significant Eation, they have decent lor 2001 32 2001 3 12 cost savings. Toward that end, Norfolk ciation potential Southern recently opened the Heartland Nils C Ten Liew D Absalo nebor WOOVER 3.4.114 Be Nee camiseta Exel conter: 27.8.26 BD ca Exologin December RESPONSE OR ANYBORG To subscribeca 404 310 Bok Value eide 26 e Re The decent 97 2008 2009 1.14 18 . 20 THE PUSU CSX CORP. NYSE SI 3 66 88 H Pet Seperebound in business for 2011 at favorable prices ped Sup production. This, in turn, demand for the real coal place Omicals recently business 192 Marcare benefiting from prod. ty, the 2010 capital ng pricing. The NE PE 61.81 kno 13.9(1) PERO 0.89 1.7% VALUE 335 LINE TIMEUNESS 2 18 Target Price Range SAFETY LEGENDE 2013 2014 2015 TEONCA 3 315 OCTORS 1:20 Insider Decisions Institutional bacisions TOT RETURN Per 24 16 1994 1995 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 E00DE092010 2011 CENA 15 25 2023 2020 22.79 205 19.25 971525 25 200 315 3.61 195 3.56 13 200 71 190 50 50 20 54 1. Diva Del 10 22 2 2 Zone 119 14 15.30 12 23.5 2 GESTOOLS GOSSOS Comment 151 5 12 179 Relative PER 25 20 21 22 23 24 2 50% 1 20 CAPITAL STRUCTURE 12077 04 Total Debt 902 Due in Warga LT Debt 57297 List15 SORT 999 90 Derin 79001 TIT 55 45 5. 5.25 62346220 GOOD STD1520 CRD Wong Cape Obligations 2 7300 300 Soy Pe Stock None Common Stock 18 20 MARKET CAP: 23.1 Large Carl ned to como 22 AM Peal CURRENT POSITION 2008 2008 BUSINESS CSX Corner otwo: CSX Unes 203 CSX Word Cash A 670 about 21.000 and the Canadian 205. 2003 229.310 ce 1101 Y AC 200 Come Care 1200 s10 FLC Other South Pacheco S.On pont a CEO Current Asses & praeg Michael VA A WL 15 RJ Acts Payable en Corrales 29 202.49502200 www.com Debt Our Current Traffic flow at CSX should stay ahead trains, and fuel efficient locomotives are of economic growth for a while. Recent also boosting operating leverage. In addi ANNUAL RATES P automotive volume tion, CSX has booked 75% of its repeat Revues 9 ZON Cash 75% 100% 9.5 sales. And the car makers continue the intermodal double-stack network Eames 99 200 12.95 to Divis 2935 Book Valve 5.0 75% TOOS demand for chemicals and metals the opening of improved QUARTERT REVENUES into the port of New York New onda Me Peran Pesep Per Dec. Per catch up as the sute market supports er terminal in Ohio, the linchpin for Midwest been strong and domestie orders should Jersey state-of-the-art intermodal 2007 24222330 2501 2577 27132307 29012574 11255 a a ders for steel. Thermal coal shipments are service should be completed shortly 2240 2185 2289 2:20 2010 2012 2 1600 Robust trade continues to bolster inter 2011 cash flow is being put to good EARNINGS PER SHARE modal volumes Ca use. The quarterly dividend was raised for and are un Pesep Per Dec. Pedro al business is bright, thanks to increasing use of ethanol. Construction markets will share and CSX continues to agressively 50 5 buy back stock. And, in pursuit of further likely remain soft spot 2004 NO 2005 R 2 14 2010 100 1.11 gains and uctivity upped by osobadan 2011 180 28 12 135 ratio to the first-ever Momentum investors may find inter QUARTERY DIVENOS DE 70% mark in the September period. est in this timely issue. But strong pric ende 21 Sep 29 Dec 1 69.1%. On a 10% volume gain, crew starts in the early stages of an are not 2006 DES 10 were up 6% and headcount rose only 16 economie recovery and we expect modera- 2007 CSX has resumed hiring, but laboretion in all by 2012. Share appreciation 2008 15 18 77 pense increases should lag volume growth potential to 2013-2015 is unexciting into 2011. Automated technology, longer Craig Sirou December 3, 2010 A Primary caring Through the Guld ( 1.00216 38 702 y videos Company Financial Serangan an M: 0771 Stockfresh 206557260 4. 2008 PricePerce 01.) 02.10.2010 To subscribe call 1-800-833-0046 Fasi 23 And 2002 2009 2009 SO

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

School Finance A Policy Perspective

Authors: Allan Odden, Lawrence Picus

5th Edition

0078110289, 978-0078110283

More Books

Students also viewed these Finance questions

Question

Review The New Employee, the case study for Chapter

Answered: 1 week ago