General electric is looking to get out of the coal business.
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The stock has a 52 week high of 13 26 and a 52 week low of 5 48.
Generally speaking a debt ratio more than 1 means that a large portion of debt is funded by assets.
Edison general had been founded as the edison electric light company in 1878 by thomas alva edison to market his incandescent lamp and other later products.
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General electric shares were trading down 4 69 at 6 30 on monday during the time of publication.
On monday the company announced that it won t be building any new coal fueled power plants as they continue to focus on and invest in.
Considering general electric s 256 49 billion in total assets the debt ratio is at 0 32.
The company was incorporated in 1892 acquiring all the assets of the edison general electric company and two other electrical companies.