Safe Packaging CompanyFinancial Analysis and ForecastingCase 36A

... Based on the information, Pacific National Bank¡¦s computarized analysis system generates a negative report on SPC because: ƒæ Gross Profit is drastically decreasing ƒæ Total Operating expenses and Total Interest are substantially increasing ƒæ Reports reveals a number of adverse trends in key financial ratios, including ROE and ROA Despite of the fact that SPC¡¦s Altman¡¦s Z score is above the standard requirement of 3, set by the bank, if I were working for the bank, I would not recommend to increase the line of credit.

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