Interpretation Of Key Figures In Financial Analysis

Author : Anja Böhm
Publisher : GRIN Verlag
Page : 34 pages
File Size : 48,7 Mb
Release : 2008-09-11
Category : Business & Economics
ISBN : 9783640162673

Get Book

Interpretation of key figures in financial analysis by Anja Böhm Pdf

Seminar paper from the year 2008 in the subject Business economics - Accounting and Taxes, grade: 1,3, University of Applied Sciences Berlin, course: Financial Management, 14 entries in the bibliography, language: English, abstract: Executive Summary Financial analysis can be conducted internally or externally to assess a company’s financial condition by analyzing mainly its financial statements. A company’s overall financial condition can be appraised using ratio analysis to examine its key figures in leverage, liquidity, efficiency and profitability. Within this paper, next to the theoretical explanations, the different ratios will be observed for the two retail companies Wal-Mart Stores Inc. (Wal-Mart) and Target Corp. (Target). Due to its large contribution to the US gross domestic product (GDP), the retail industry and its most important companies for the US, Wal-Mart and Target are examined more closely. Wal-Mart is a world-wide operating discount store, which engaged 2.1 million employees in January of 2008 and whose revenues made up about 2.1 % of US GDP. Compared to Wal-Mart, the upscale discounter Target employs 366,000 people within the US. Within this paper the following leverage ratios, which are computed to evaluate a company’s ability to meet financial obligations, will be theoretically explained and then examined more closely for the US discounters Wal-Mart and Target: the debt-ratio, the debt-equity ratio and the times-interest-earned ratio. The computed leverage ratios need to be confronted with the liquidity ratios to investigate, whether a company can also cover its short-term debts in order to survive and to then meet long-term debt obligations. Within this paper the current ratio, the quick ratio and the cash ratio will be regarded more closely for Wal-Mart and Target. How efficiently a company makes usage of the invested current and fixed assets is detected using efficiency ratios, like the sales-to-assets ratio, the days in inventory ratio and the average collection period. Profitability ratios investigate how profitable a company works compared to its competitors analyzing the net profit margin, the return on assets and the return on equity as well as the payout ratio. Finally connections between the profitability and efficiency ratios will be shown using the Dupont system.

Author : CHANDRA SEKHAR
Publisher : Chandra Sekhar
Page : 78 pages
File Size : 54,6 Mb
Release : 2024-05-10
Category : Business & Economics
ISBN : 8210379456XXX

Get Book

FINANCIAL RATIO ANALYSIS by CHANDRA SEKHAR Pdf

It gives me a great pleasure and satisfaction to present this book “FINANCIAL RATIO ANALYSIS”. This book is new version of my old book “Financial Ratio Analysis”. The book will explain the need, purpose, and usefulness of Ratio analysis. I have explained almost all ratios based on latest financial statements of a leading manufacturing company for the financial year ended December 2019. Ratio wise hyperlink will help the reader to go quickly to the desired ratio. The main features of the book are simple understanding and key concepts. This book is useful to everyone in financial accounting field like students, Accounts executives, Financial analysts, etc. I hope that the book will help the readers to study in a focused manner. Any criticism and constructive suggestion in the direction of making the book a better teaching and studying manual will be gratefully acknowledged by the author. Suggestions will be incorporated in the subsequent editions. All the best …

Author : Martin S. Fridson,Fernando Alvarez
Publisher : John Wiley & Sons
Page : 414 pages
File Size : 53,6 Mb
Release : 2002-10-01
Category : Business & Economics
ISBN : 9780471264606

Get Book

Financial Statement Analysis by Martin S. Fridson,Fernando Alvarez Pdf

Praise for Financial Statement Analysis A Practitioner's Guide Third Edition "This is an illuminating and insightful tour of financial statements, how they can be used to inform, how they can be used to mislead, and how they can be used to analyze the financial health of a company." -Professor Jay O. Light Harvard Business School "Financial Statement Analysis should be required reading for anyone who puts a dime to work in the securities markets or recommends that others do the same." -Jack L. Rivkin Executive Vice President (retired) Citigroup Investments "Fridson and Alvarez provide a valuable practical guide for understanding, interpreting, and critically assessing financial reports put out by firms. Their discussion of profits-'quality of earnings'-is particularly insightful given the recent spate of reporting problems encountered by firms. I highly recommend their book to anyone interested in getting behind the numbers as a means of predicting future profits and stock prices." -Paul Brown Chair-Department of Accounting Leonard N. Stern School of Business, NYU "Let this book assist in financial awareness and transparency and higher standards of reporting, and accountability to all stakeholders." -Patricia A. Small Treasurer Emeritus, University of California Partner, KCM Investment Advisors "This book is a polished gem covering the analysis of financial statements. It is thorough, skeptical and extremely practical in its review." -Daniel J. Fuss Vice Chairman Loomis, Sayles & Company, LP

Author : Marius Koen,Johan Oberholster
Publisher : Juta and Company Ltd
Page : 148 pages
File Size : 48,9 Mb
Release : 1999
Category : Financial statements
ISBN : 0702151823

Get Book

Analysis and Interpretation of Financial Statements by Marius Koen,Johan Oberholster Pdf

Financial statements give invaluable insights into the performance and future potential of a business. But they do not evaluate the accounting results they reflect. This book offers practical insights into the essential information that financial statements reflect.

Author : Leopold A. Bernstein,John J. Wild
Publisher : Irwin Professional Publishing
Page : 872 pages
File Size : 48,7 Mb
Release : 1998
Category : Business & Economics
ISBN : STANFORD:36105060434912

Get Book

Financial Statement Analysis by Leopold A. Bernstein,John J. Wild Pdf

An exploration of the link between current financial statement analysis theory and practice. Using one entire annual report and two complete financial statements the book requires students to analyze the statements from the perspectives of investors, creditors, managers, auditors and analysts. Graphs, charts and tables are also used to relate topics to business practice using information from annual reports, surveys of business practices and specialist reports of investors and credit agencies.

Author : Erich A. Helfert
Publisher : McGraw-Hill Professional Publishing
Page : 604 pages
File Size : 43,7 Mb
Release : 2003
Category : Business & Economics
ISBN : 0072487291

Get Book

Techniques of Financial Analysis by Erich A. Helfert Pdf

Techniques of Financial Analysis -- a market-leading bestseller in 10 previous editions -- provides an effective and intuitive approach to understanding the investment, operating, and financing decisions that drive a typical organization's overall performance and value. It shows readers how to interpret financial reports, develop integrated projections, understand basic financial modeling, and more.

Author : Ralph Dale Kennedy,Stewart Yarwood McMullen
Publisher : McGraw-Hill/Irwin
Page : 656 pages
File Size : 47,9 Mb
Release : 1973
Category : Business & Economics
ISBN : 0256014647

Get Book

Financial Statements; Form, Analysis, and Interpretation by Ralph Dale Kennedy,Stewart Yarwood McMullen Pdf

Author : Benjamin Graham,Spencer Meredith
Publisher : Harper Collins
Page : 152 pages
File Size : 42,9 Mb
Release : 1998-05-06
Category : Business & Economics
ISBN : 9780887309137

Get Book

The Interpretation of Financial Statements by Benjamin Graham,Spencer Meredith Pdf

"All investors, from beginners to old hands, should gain from the use of this guide, as I have." From the Introduction by Michael F. Price, president, Franklin Mutual Advisors, Inc. Benjamin Graham has been called the most important investment thinker of the twentieth century. As a master investor, pioneering stock analyst, and mentor to investment superstars, he has no peer. The volume you hold in your hands is Graham's timeless guide to interpreting and understanding financial statements. It has long been out of print, but now joins Graham's other masterpieces, The Intelligent Investor and Security Analysis, as the three priceless keys to understanding Graham and value investing. The advice he offers in this book is as useful and prescient today as it was sixty years ago. As he writes in the preface, "if you have precise information as to a company's present financial position and its past earnings record, you are better equipped to gauge its future possibilities. And this is the essential function and value of security analysis." Written just three years after his landmark Security Analysis, The Interpretation of Financial Statements gets to the heart of the master's ideas on value investing in astonishingly few pages. Readers will learn to analyze a company's balance sheets and income statements and arrive at a true understanding of its financial position and earnings record. Graham provides simple tests any reader can apply to determine the financial health and well-being of any company. This volume is an exact text replica of the first edition of The Interpretation of Financial Statements, published by Harper & Brothers in 1937. Graham's original language has been restored, and readers can be assured that every idea and technique presented here appears exactly as Graham intended. Highly practical and accessible, it is an essential guide for all business people--and makes the perfect companion volume to Graham's investment masterpiece The Intelligent Investor.

Author : Benjamin Graham,Charles McGolrick
Publisher : HarperCollins Publishers
Page : 136 pages
File Size : 40,7 Mb
Release : 1975
Category : Business & Economics
ISBN : UOM:49015001173658

Get Book

The Interpretation of Financial Statements by Benjamin Graham,Charles McGolrick Pdf

Author : CHANDRA SEKHAR
Publisher : Chandra Sekhar
Page : 32 pages
File Size : 47,9 Mb
Release : 2024-05-10
Category : Business & Economics
ISBN : 8210379456XXX

Get Book

FINANCIAL STATEMENTS ANALYSIS by CHANDRA SEKHAR Pdf

I wrote this book Financial Statements Analysis with the following objectives. · To demonstrate to readers that the subject of Financial statements Analysis simple to understand, relevant in practice and interesting to learn. · To help managers appreciate the logic for making better financial decisions. · To explain the concepts and theories of Financial statements analysis in a simple way so readers could grasp them very easily and be able to put them in to practice. · To provide a book that has a comprehensive coverage for financial statements and their analysis. · To create a book that differentiates itself from other books in terms of coverage, presentation. This book useful to Students, Job Interviews, Investors, Financial advisers, Financial analysts, Financial managers and Fund managers to relate theories, concepts and data interpretation to practice. This book Financial Statements Analysis aims to assist the reader to develop a thorough understanding of the concepts and theories underlying financial management in a systematic way. To accomplish this purpose, the recent thinking in the field of finance has been presented in a most simple, and precise manner. The main features of the book are simple understanding and key concepts. The book contains a comprehensive analysis of topics on Financial statements and Financial statements analysis with a view that readers understand financial decisions thoroughly well and are able to evaluate their implications for shareholders and the company. This book begins with the discussion of concepts of Financial statements, Balance sheet, Non-current assets, Current assets, liabilities, Long-term liabilities, current liabilities, owner’s equity, profit & loss account, non-operating profits and expenses, operating profits and expenses, concepts of profits, Funds flow statement, Cash flow statement, Statement of changes in equity, Comparative analysis, Common size analysis, Trend analysis, Inter-firm analysis and finally FAQs about Financial statements. With this foundation, readers can easily understand the financial statements and its analysis, decision criteria necessary to manage the funds and create and enhance the value of the firm. The text material has been structured to focus on financial statements analysis is in the financial decision making process. The book discusses the theories, concepts, assumptions, underlying financial decisions i.e. investment, financing, dividend and working capital management. It is hoped that this will facilitate a better understanding of the subject matter.

Author : Leopold A. Bernstein
Publisher : McGraw-Hill/Irwin
Page : 1112 pages
File Size : 53,9 Mb
Release : 1993
Category : Financial statements
ISBN : UCSD:31822016843534

Get Book

Financial Statement Analysis by Leopold A. Bernstein Pdf

Author : Pamela Peterson Drake,Frank J. Fabozzi
Publisher : John Wiley & Sons
Page : 357 pages
File Size : 41,9 Mb
Release : 2012-10-01
Category : Business & Economics
ISBN : 9781118331910

Get Book

Analysis of Financial Statements by Pamela Peterson Drake,Frank J. Fabozzi Pdf

The fully update Third Edition of the most trusted book on financial statement analysis Recent financial events have taught us to take a more critical look at the financial disclosures provides by companies. In the Third Edition of Analysis of Financial Statements, Pamela Peterson-Drake and Frank Fabozzi once again team up to provide a practical guide to understanding and interpreting financial statements. Written to reflect current market conditions, this reliable resource will help analysts and investors use these disclosures to assess a company's financial health and risks. Throughout Analysis of Financial Statements, Third Edition, the authors demonstrate the nuts and bolts of financial analysis by applying the techniques to actual companies. Along the way, they tackle the changing complexities in the area of financial statement analysis and provide an up-to-date perspective of new acts of legislation and events that have shaped the field. Addresses changes to U.S. and international accounting standards, as well as innovations in the areas of credit risk models and factor models Includes examples, guidance, and an incorporation of information pertaining to recent events in the accounting/analysis community Covers issues of transparency, cash flow, income reporting, and much more Whether evaluating a company's financial information or figuring valuation for M&A's, analyzing financial statements is essential for both professional investors and corporate finance executives. The Third Edition of Analysis of Financial Statements contains valuable insights that can help you excel at this endeavor.

Author : Alex Sakevych,Patrick Kobyletskii
Publisher : BookRix
Page : 60 pages
File Size : 48,8 Mb
Release : 2015-12-01
Category : Business & Economics
ISBN : 9783739624679

Get Book

An Introduction to the Financial Statement Analysis by Alex Sakevych,Patrick Kobyletskii Pdf

'An Introduction to the Financial Statement Analysis' is a brief guide to the financial statement analysis performance, including general information on the essence and methods of the financial analysis, key financial ratios calculation and interpretation. Finstanon is a fast solution for online financial analysis and interpretation. It saves time for professionals in financial analysis same as for newcomers. finstanon.com

Author : Parmar Vinita
Publisher : LAP Lambert Academic Publishing
Page : 64 pages
File Size : 55,6 Mb
Release : 2014-02
Category : Electronic
ISBN : 3846582336

Get Book

Analysis of Financial Statements by Parmar Vinita Pdf

Financial statements issued by various organizations are excellent sources that tell us about the investments, expenditures, assets and operations of the firm. However, concluding the financial health of the organization is just not that easy. This is where analysis of these financial statements is required to be able to judge the actual financial position of the organization. The focus of financial analysis is on key figures in the financial statements like Statement of Income (Profit or loss) and Statement of Financial position (Balance sheet) and the relationship that exists between them. Ratio analysis and equity analysis are widely-used tools of financial analysis. While ratio analysis is used to interpret the financial statements so that the strengths and weaknesses of the firm and the current financial position can be determined, equity analysis helps us in deciding whether to invest in a company or not. The book hopes to provide its readers with a clear picture of understanding the financial position of a company and for enabling better investment decisions

Author : Mary Buffett,David Clark
Publisher : Simon and Schuster
Page : 224 pages
File Size : 54,7 Mb
Release : 2011-01-06
Category : Business & Economics
ISBN : 9781849833240

Get Book

Warren Buffett and the Interpretation of Financial Statements by Mary Buffett,David Clark Pdf

With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Buffett's successful perspective. They clearly outline Warren Buffett's strategies in a way that will appeal to newcomers and seasoned Buffettologists alike. Inspired by the seminal work of Buffett's mentor, Benjamin Graham, this book presents Buffett's interpretation of financial statements with anecdotes and quotes from the master investor himself. Destined to become a classic in the world of investment books, Warren Buffett and the Interpretation of Financial Statements is the perfect companion volume to The New Buffettology and The Tao of Warren Buffett.