Firm: Hampton Machine Tool Company

Hampton Machine Tool CompanyCase StudyHampton Machine Tool CompanyHampton Machine Tool Company, a military aircraft and automobile manufacturermachine...

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Copy of Hampton Machine Tool Company - Prezi

in 1915, Hampton Machine Tool Company had successfully weathered the severe cyclical fluctuations characteristic of the macl-tine tool manufacturing business...

Hampton Machine Tool Company Analysis - Term Paper Warehouse

Executive SummaryHampton Machine Tool Company (HMTC) was founded in 1915 to produce machine tools. Machine tools manufacturing business is highly prone to economic...

Hampton Machine Tool Company
Hampton Machine Tool Company was founded in 1915 and experienced record production and profitability throughout the years despite hard economic times for the machine manufacturing business. Sales declined throughout the mid 1970’s from the post Vietnam War demand, the declining automobile industry in St. Louis, and the gas embargo of the early 1970’s. Hampton did eventually recover due to an increase in military sales, the automobile industry rising, an overall improvement in the economy. Hampton is looking to take out a line of credit of $1,000,000 and an additional loan of $350,000 to purchase equipment, and an extend payment an additional three months to December 1979. Suppliers have hampered Hampton’s sales with late deliveries of machine parts. Because of this, Hampton is unable to pay its loan on time, which is due in September.Hampton Machine Tool Company1. Why can't a profitable firm like Hampton repay its loan on time and why does it need more bank financing? What major developments...Hampton Machine Tool Company was unable to repay its loan on time due to several factors. One of such factors is the fact that the stock repurchase, for which the loan was initially requested, was a major cash disbursement of $3 million. In the period between November 1978 and August 1979, stock repurchase represented 58% of total expenditures for that period, while inventory purchases represented 42% of total expenditures. They also had a difficult time repaying because of the steep decline in sales it experienced the past few years. This decline can be traced back to the oil embargo, increase of gasoline prices and the recession. After these three events began to dissipate, however, HMTC saw a steady increase in sales. HMTC needed more bank financing to purchase equipment to fill its large amount of backorders for the rest of the year. The reason it does not have enough current cash is because of unfilled orders which amounted to $16,500,000. Also, shipments had been on... Hampton Machine Tool Company -Case Write-upSummary: On September 12, 1979, Hampton Machine Tool Company requested from St. Louis National Bank a renewal to...Hampton Machine Tool Company, a machine tool manufacturer, was founded in 1915. Hampton's customer base is made up primarily of military aircraft manufactures and... Below is an essay on "Hampton Machine Tool Company Case Anlysis" from Anti Essays, your source for research papers, essays, and term paper examples.
Hampton Machine Tool Company, a machine tool manufacturer, was founded in 1915

Hampton Machine Tools Company Case - Marked by Teachers

Formulación y evaluación de Proyectos de Inversión Caso Hampton Machine Tool Company El 14 de septiembre de 1979, Mr. Jerry Eckwood, vicepresidente del St. Louis National Bank

RE: HAMPTON MACHINE TOOL COMPANY TO: Jerry Eckwood, Vice President of St

Hampton Machine Tool Company Case - Prezi

Hampton Machine Tool Company is a manufacturer which was founded in 1915. Its business increase rapid during 60s and cool down in 70s but still...

Hampton Machine Tool Company -Homework Case #1 Crystal Brinson FINC 430 Section: 6980 Professor S


in 1915, Hampton Machine Tool Company has successfully weathered the server cyclical fluctuations that characterize the machine tool manufacturing business...