Every year firm provides some cash dividend to its shareholders, which is relatively same over the last 5 years it indicates that firm maintains a constant dividend policy. This cash dividend is an important indicator of the good condition of the firm. ďƒź Debt to total assets:
Debt to total assets ratio measures the percentage of the total assets provided by the creditors. We get it by dividing total debt by total assets. This ratio indicates the company’s degree of leverage. The debt to total asset ratio of ULC is increasing over the last five years which is a clear indication that firm becomes more inclined to finance new asset through debt. Firms become more leverage day by day. 4.4c Finance Lease Obligation: Finance lease obligation comprises the liability arisen from asset taken under finance lease from different financial institutions.