'Sprint Financial Condition\r'

' dah Nextel alliance is the terce largest wireless communications company in the United States offering a blanket(prenominal) range of wireless and wireline communications products and operate that are designed to insure the necessarily of individual consumers, businesses, and government subscribers. Sprint Nextel Corporation has seen revenues shrink from $35. 6 billion to 32. 3 billion, though the company was able to gravel net income from a evil of $2. 8 billion to a smaller breathing out of $2. billion. A reduction in the circumstances of sales devoted to selling, general and administrative costs from 31. 5% to 29. 30% was a key component in the perforate line growth in the present of falling revenues. Although debt as a percent of total capital increased at Sprint Nextel Corporation over the depart fiscal year, it is still in-line with the wireless telecom services industry’s norm. Additionally, thither are enough liquid assets to touch current obligations .\r\nAccounts Receivable is common for the industry, with an bonny 40 day average arrangement period. Last, inventories seem to be well managed as the inventory processing period is typical for the industry, at 18 days. In rugged economic clock times, Sprint is generating substantial bills and reducing costs to ensure to confront financially sound. They have cash on hand to be able to meet their debt requirements. The company is expected to continue generating overbearing free cash flow during 2009.\r\nSprint Nextel Corporation has been having a rough time trying to keep up with its competitions, AT&T and Verizon. Sprint Nextel has been posting hurt after loss, loss in profit, loss in number of subscribers, and so on, and despite how things appear on the surface, psychoanalyst appear to be optimistic with the future day outcome of Sprint Nextel financial position. in that location is no indication as to how commodious it will take Sprint Nextel to execute this goa l, the numbers are consistently move in a positive direction.\r\n'