How Long to Read Stress Testing U.S. Leveraged Corporates in a COVID-19 World

By Carlos Caceres

How Long Does it Take to Read Stress Testing U.S. Leveraged Corporates in a COVID-19 World?

It takes the average reader and 43 minutes to read Stress Testing U.S. Leveraged Corporates in a COVID-19 World by Carlos Caceres

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper analyzes a group of 755 firms, with aggregate indebtedness of US$6.2 trillion, to assess the solvency risks and liquidity needs facing the U.S. corporate sector based on projections of net income, availability and cost of funding, and debt servicing flows under different stress test scenarios. The paper finds that leveraged corporates account for most of the potential losses arising from the macroeconomic stresses associated with the COVID-19 crisis, with a concentration of these losses in the oil and gas, auto, and capital and durable goods manufacturing sectors. However, potential losses from corporate debt write-downs appear to be a fraction of banks’ capital buffers and, given the size of the leveraged segment and the relatively long duration of that sector’s debt, the near-term liquidity needs of these corporates appear modest. Corporate stresses could, however, amplify the current economic downturn—as firms cut investment spending and reduce employment—potentially giving rise to significant indirect losses for the financial system.

How long is Stress Testing U.S. Leveraged Corporates in a COVID-19 World?

Stress Testing U.S. Leveraged Corporates in a COVID-19 World by Carlos Caceres is 43 pages long, and a total of 10,879 words.

This makes it 15% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Stress Testing U.S. Leveraged Corporates in a COVID-19 World Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 59 minutes to read Stress Testing U.S. Leveraged Corporates in a COVID-19 World aloud.

What Reading Level is Stress Testing U.S. Leveraged Corporates in a COVID-19 World?

Stress Testing U.S. Leveraged Corporates in a COVID-19 World is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Stress Testing U.S. Leveraged Corporates in a COVID-19 World?

Stress Testing U.S. Leveraged Corporates in a COVID-19 World by Carlos Caceres is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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