The letter states, among other things: "PDL is grossly overcapitalized
- the company currently has $375M in cash, an additional $400M+ in expected royalty cash flow through 2022, and low working capital requirements.
Since its inception in 1940, the fishery operated under an open-access scheme, leading to an overcapitalized
fishery currently exploited to the maximum sustainable level (DOF, 2012).
The insurance industry is arguably overcapitalized
, and it needs to find new risks to soak up the excess.
Within DoD, we have overcapitalized
, on what I would call--the diversity of goodness.
"It is certainly not possible to characterize (Trillium) as overcapitalized
based on commercial insurance regulatory standards," the memo said.
In the Florida Gulf, stone crabs support a vigorous commercial fishery that is overcapitalized
and overfished (Muller et al.
Taxpayers whose prior years' methods of accounting for repairs and improvements do not comply with the final regulations may have exposure for those years and later years in which the taxpayers claim depreciation on the overcapitalized
"Under race for fish conditions that result in short annual seasons, the processing industry (along with fisheries) can become overcapitalized
to handle the glut of fish in short periods." But catch-share management programs tend to lengthen and stabilize fishing seasons, allowing for more efficient processing capacity.
benefits is overcapitalized
into the price of a home by inattentive
The report said the formation of Berkshire Hathaway Specialty Insurance in the second quarter of 2013 "adds tremendous capacity to an already overcapitalized
market, which will likely limit rate hikes and lead to more intense competition in 2014."
Callahan & Associates then-President Chip Filson was also very vocal on the topic in 2013, saying in a July 25 release that the NCUA Guaranteed Notes were already overcapitalized
by 149%, to the tune of $10 billion in excess coverage.
Reserve redundancy is beginning to climb again, however, and the industry remains overcapitalized
. Many companies are sitting on cash that needs to be deployed.