Table 26 Sept 2026From “What is sustainable growth rate? Growth has a financing boundary”

What do synthetic financing scenarios show?

Table 2What do synthetic financing scenarios show?

Scenario	ROE	Retention ratio	Synthetic SGR	If target exceeds identity
Base retention	12%	70%	8.4%	Name external financing or changed assumptions
Higher payout	12%	45%	5.4%	Retained earnings support less growth under the identity
Higher ROE and retention	16%	75%	12.0%	Verify whether capital base and earnings definition remain comparable

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Source: Table from this essay. Sources and interpretation are given in the article.

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From the essay

Growth that compounds

What is sustainable growth rate? Growth has a financing boundary

Sustainable growth rate is a conditional financing identity, commonly ROE times retention. State capital, payout, leverage, and assumptions before use.

6 Sept 2026

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Isoglu, S. (2026). What do synthetic financing scenarios show? [Table]. isoglu.com. https://isoglu.com/insights/exhibits/isoglu-2026-what-is-sustainable-growth-rate-fig03/

BibTeX

@misc{isoglu-2026-what-is-sustainable-growth-rate-fig03,
  author = {Isoglu, Sinan},
  title = {{What do synthetic financing scenarios show?}},
  year = {2026},
  howpublished = {Table 2, isoglu.com},
  url = {https://isoglu.com/insights/exhibits/isoglu-2026-what-is-sustainable-growth-rate-fig03/},
  note = {From the essay {What is sustainable growth rate? Growth has a financing boundary}}
}

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  <a href="https://isoglu.com/insights/exhibits/isoglu-2026-what-is-sustainable-growth-rate-fig03/">
    <img src="https://isoglu.com/social/isoglu-2026-what-is-sustainable-growth-rate-fig03.png" alt="Table 2: What do synthetic financing scenarios show?" width="3200" height="2400">
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  <figcaption>Table 2: What do synthetic financing scenarios show?. Source: Table from this essay. Sources and interpretation are given in the article. <a href="https://isoglu.com/insights/exhibits/isoglu-2026-what-is-sustainable-growth-rate-fig03/">View exhibit</a>.</figcaption>
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