Notice-of-FS-Meeting-121216-w-attachments.pdf — PaddleOCR-VL (Baidu)

FORMULA

FINANCIAL INDICATOR RATIO

VIABILITY EXPENDABLE NET ASSETS

RATIO LONG TERM DEBT

	TREND				FORECAST
	2012-2013	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021
KSU - w/ Pension	3.72	3.80	-10.18	-11.86	-13.56	-17.28	-21.77	-29.16	-43.10
KSU - w/o Pension	3.72	3.80	4.00	4.37	4.85	5.30	6.83	10.82	19.34

DEFINITION

The Viability Ratio measures expendable resources that are available to cover debt obligations (e.g. capital leases, notes payable, and bonds payable) and generally is regarded as governing an institution's ability to assume new debt.

THRESHOLD

1.25 -- A ratio of less than 1.0, where debt obligation and expendable assets are equal, is poor and may identify the institution as a credit risk; greater than 2.0 is a strong indicator of financial health.