A poor standard

Natural Gas


Rating agency Standard & Poor’s has recently unveiled a new survey designed to evaluate the liquidity of a company. Specifically, this test determines if a company has secured sufficient liquidity to operate under various stress scenarios. While this is a commendable effort that may provide great insight into corporate finances, it may be worthwhile to reconsider the actual parameters used in the liquidity calculation. Doing so may improve the effectiveness of the test and provide a

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