The Court normally consists of the Chief Justice of the United States and eight associate justices who are nominated by the President and confirmed by the Senate. Once appointed, justices have life tenure unless they resign, retire, or are removed after impeachment (though no justice has ever been removed).
The solvency ratio measures the size of a company's after-tax income, excluding noncash depreciation expenses, compared with the firm's total debt obligations. It provides a measurement of how likely it is a company can continue to meet its debt obligations. The measure is calculated as shown here:
The equity-to-assets ratio is the value of the corporation's equity divided by the value of its assets. A high ratio means that the corporation is mostly owned by its shareholders, while a low ratio means that the corporation is likely burdened with high debts. An equity-to-assets ratio of below 0.70 generally makes it difficult for a corporation to borrow money, due to concerns about its solvency. Solvency and Bankruptcy Solvency is a term that generally refers to a corporation's ability to meet its debt obligations if it converted all of its assets into cash to pay creditors.