State of the North American Pulp & Paper Industry - The Center for ...
State of the North American Pulp & Paper Industry - The Center for ...
State of the North American Pulp & Paper Industry - The Center for ...
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<strong>Industry</strong> Per<strong>for</strong>mance – Debt Levels<br />
Debt To Capital Ratio<br />
70%<br />
60%<br />
50%<br />
40%<br />
30%<br />
20%<br />
1975 1978 1981 1984 1987 1990 1993 1996 1999 2002<br />
Debt % <strong>of</strong> Invested Capital<br />
US Companies<br />
Are<br />
Maintaining<br />
Debt Levels<br />
Near 50% -<br />
Which Will<br />
Likely Limit<br />
Future<br />
Investments<br />
13
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