Sprint Financial Condition

bolt Nextel Corporation is the third largest wireless communication theory company in the United States offering a comprehensive mental image of wireless and wireline communications products and services that are designed to meet the needs of individual consumers, businesses, and government subscribers. run Nextel Corporation has seen revenues shrink from $35. 6 one million million to 32. 3 billion, though the company was able to grow net income from a loss of $2. 8 billion to a smaller loss of $2. billion. A reduction in the percentage of sales devoted to selling, general and administrative costs from 31. 5% to 29. 30% was a key component in the bottom line growth in the face of falling revenues. Although debt as a percent of total capital increased at Sprint Nextel Corporation over the last fiscal year, it is still in-line with the wireless telecom services industrys norm. Additionally, there are enough transparent assets to satisfy current obligations.Accounts Receivable i s typical for the industry, with an average 40 mean solar day average collection period. Last, inventories seem to be well managed as the bloodline processing period is typical for the industry, at 18 days. In forged economic clock times, Sprint is generating substantial cash and reducing costs to date to remain financially sound. They have cash on hand to be able to meet their debt requirements. The company is expected to continue generating positive escaped cash flow during 2009.Sprint Nextel Corporation has been having a rough time trying to keep up with its competitions, AT&T and Verizon. Sprint Nextel has been circuit board loss after loss, loss in profit, loss in publication of subscribers, and so on, but despite how things come in on the surface, analyst appear to be optimistic with the future outcome of Sprint Nextel financial position. there is no indication as to how long it will take Sprint Nextel to accomplish this goal, the numbers are consistently moving in a positive direction.