Based on the nine tests that United Technologies received on profitability, debt and capital, and operating efficiency, the company received eight passes out of nine; this is a strong grade for financial health. The only metric the company did not pass was the TL/A ratio. A decrease in the TL/A ratio implies that some company of the companys assets have been financed by debt.As United Technologies passed eight out of nine tests, this shows that United Technologies is very profitable, efficient and is using its assets to produce revenue. Based on the nine tests, overall, the company is showing strong results.
via United Technologies: Inside The Numbers – Seeking Alpha.
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