- 한국경제신문(2009.9.1)

금호타이어 생산직 근로자 임금은 국내 최고 수준이다. 금호타이어의 국내 공장 3곳(광주, 전남 곡성, 경기 평택)에서 근무하는 생산직 4278명의 평균 연봉은 7135만원으로 일반 관리직의 평균 연봉(4881만원)보다 2254만원 더 많다. 이는 생산직만 노조에 가입할 수 있고, 관리직은 노조원이 아니기 때문에 생긴 차이다. 생산직 근로자의 평균 근속기간이 16년(평균 연령 43세)으로 관리직 평균 근속 9년(평균 연령 35세)보다 높다곤 해도 너무 큰 격차다. 2006년 이후 계속 적자를 보는 회사라고 믿기 힘들 정도다. 공장 관계자는 "광주에선 '금호타이어 생산직엔 딸을 줘도 관.......

Inventory days measures the number of days inventory stays in the system. Inventory turns, the other inventory measure, is a measure of how many times inventory turns over in a year. So long as you have enough inventory on hand to meet customer demands, the more efficient you can be, hte better. In 2002 Target Stores had inventory turns of 6.5 - a pretty good nummber for a big retailer. But Wat-Mart's turns were 8.1, even better. In the retail business, a difference in the inventory turnover ratio can cpell the difference between success and failure.......

Most bankers aren't going to lend money to a company with a current ratio anywhere near 1.Less than 1, of course, is way toolow, regardless of how much cash you have in the bank. With a current ratio of less than 1, you know you're going to run short of cash sometime during the next year unless you can find a way of generationg more cash or attracting more from investors. A current ratio is too high when it suggests to shareholders that the company is sitting on its cash. Microsoft, for example, had amassed a cash horde of nearly $60 billio.......

The ratio show a how easy it will be for the company to pay its interest. There's a wonderful little invention called an operationg lease, for instance, which is widely used in the airline industry and others. Rather than buying equipment such as an airplane outrigth, a company leases if form an investor. The lease payments count as an expense on the income statement, but there is no asset and no debt related to that asset on a company's book. Some companies that are already overleveraged are willing to pay a premium to lease equipment &nbs.......

What's a good debt-to-equity ratio? As with most ratios, the answer depends on the industry. But many, many companies have a debt-to-equity ration considerably larger than 1 - that is, they have more debt than equity. Since the interest on debt is deductible from a company's taxable income, plenty of companies use debt to finance at least a part of their business. In fact, companies with particularly low debt-to-equity ratios may be targets for a leveraged buyout, in which management or other investors use debt to b.......

From an investor's perspective, ROE is a key ratio. Depending on interest rates, an investor can probably earn 3 percent or 4 percent on a treasury bond, which is essentially a risk-free investment. So if someone is going to put money into a company, he'll want a substantially higher return on his equity. ROE doesn't specify how much cash he'll ultimately get out of the company, since that depends on the company's decision about dividend payments and on how much the stock price appreciates until he sells. But it's a good indication of whet.......

Every business puts assets to work: cash, facilities, machinery, equipment, vehicles, inventory, whatever. A manufacturing company may have a lot of capital tied up in plant and equipment. The total assets figure shows how many dollars, in whatever form, are being utilized in the business to generate profit. ROA simply shows how effective the company is at using those assets to generate profit. An ROA that is considerably above the industry norm may suggest that the company isn't renewing its asset base for the future - that is it isn't i.......