Summary information on each company can be found at either finance

Summary information on each company can be found at either finance

Consolidated Edison Inc. (Ticker: ED) has an A- long-term credit rating from Standard & Poor’s, and a 50% net debt to capitalization ratio. ED is a regulated electric utility serving the New York metropolitan area. Newmont Mining Corp. (Ticker: NEM) has a BBB+ long-term credit rating from Standard & Poor’s (a small difference from the rating on ED), and a 9% net debt to capitalization ratio, substantially lower than ED’s. NEM is a global mining company. Discuss the factors that may explain the similarity in credit quality but large differences in financial leverage.

Summary information on each company can be found at either finance.yahoo.com (use the ticker symbol provided above for each company; business and financial information is available via hyperlinks on the left side of the summary quote web page).

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Summary of Financial Analysis
Introduction
Financial analysis of a company helps determine critical ratios that are used by investors, lenders, and other financial institutions to determine the financial position of a company in the industry. Doing this requires an individual to assess the year-end financial statements from the company. In this assignment, the aim is to consider the financial information of two companies. They include CE Inc. and NM Corp. ED is an electric utility companies that serves the area across the New York metropolitan whereas NEM is an international company that is concerned with different mining operations. These two companies are both huge and have high revenue streams due to the various activities that they undertake.

(595 words)