A NEW WAY TO MEASURE PERFORMANCE-AND WHAT IT SHOWS

A rate of return analysis is utilized for comparing railroad credit, earnings growth and the relative investment qualities of securities of different railroads. The method of analysis is claimed to isolate operational factors and financial factors which affect the final result. Operational factors are the asset turnover rate and profit margin; financial factors are effective tax rate and financial leverage. Analyses and comparisons are made of 10 major U.S. railroads and holding companies.

  • Availability:
  • Corporate Authors:

    Simmons-Boardman Publishing Corporation

    508 Birch Street
    Bristol, CT  United States  06010
  • Authors:
    • BENHAM, I H
  • Publication Date: 1978-11-27

Media Info

  • Features: Tables;
  • Pagination: 4 p.
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00184739
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Dec 29 1978 12:00AM