Why share of contract workers is high in manufacturing.... Read On
Today's chart of the day highlights one of the reasons why construction firms have fallen out of favour with investors. As the chart shows, the fundamentals of firms in the construction sector seem to have gone from bad to worse, what with the interest coverage falling from a respectable 3.5 times in FY09 to a uncomfortable level of just 1.8 times in FY12. It is not only the decline in profit that has led to such state of affairs but the rise in debt as well as interest expenses have also played their part. It will be interesting to see how many of these firms survive in the long term.
Data Source: Livemint
This Chart Of The Day was published in The 5 Minute WrapUp - Should the 'I' in the BRIC be removed?
Why share of contract workers is high in manufacturing.... Read On
This Chart highlights how India is still the 5th most attractive retail market amongst emerging nations... Read On
This Chart shows the penalties impose by CCI on major Indian cement companies.... Read On
This Chart shows that the growth rates for digital media have been higher than other forms in recent years.... Read On
This Chart highlights how Asia has now has the world's highest number of millionaires.... Read On
This Chart shows that Canada and China account for larger chunk of US home sales to foreigners... Read On
This Chart shows that China's oil consumption was the highest in 2011... Read On
This Chart shows that at 221, Air India has the highest employees per aircraft ratio, indicating highly inefficient operations.... Read On
This chart shows that India's GDP growth in Q1, 2012 was still better than a lot of its peers... Read On
This chart shows that consumer prices are expected to grow much faster than wages in Italy... Read On
Equitymaster requests your view! Post a comment on "Have construction firms gone from bad to worse?". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!