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¶ … financial analysis we need to consider. First of all, an overview of the main financial ratio, with their meaning and a keen evaluation of their score. Second of all, a progressive analysis, which would refer to the way these financial ratios have evolved in the four-year period we are looking at. The latter will allows us to draw relevant conclusions as to the performance of the management team.
The profitability ratios are best to show how well the company is actually performing. If we look at St. Mary's profitability indicators, all three of them have shown remarkable progress in the last four years and all of them have positive figures in the present. The return on equity indicator, for example, estimates the return rate for the stockholders. While ROE was - 69.92% in 1990, which meant that the stockholders were retrieving much less than they had invested, in...
Additionally, the ROE is twice the national benchmark (7.03% in 1993).
The liquidity ratios show how able the company is to respect its short-term financial obligations. Calculated by dividing current assets to current liabilities, the current ratio in St. Mary's case followed an ascending trend between 1990 and 1993, never ranking below the critical 1 figure. We can assume from this analysis that the management team, although not pressured by liquidity constraints, took a prudent drive towards consolidating a sound short-term financial situation. If we look at the national benchmark, this decision appears justified, since the industry average ranks over 2.0.
The efficiency indicators include asset management ratios that help us determine the efficiency with which the company is using its assets. The fixed-assets turnover, for…
Bibliography
1. Halpern, Paul. Weston, Fred. Brigham, Eugene. Canadian Managerial Finance. Harcourt Brace & Company. Fourth Edition. 1994.
liquidity, we will be using the current ratio and the quick ratio in order to evaluate the company's short-term solvability. The current ratio has gradually increased in the last years from 1.31 in 1990 to 1.68 in 1993. This comes to show that the community hospital has steadily improved its short-term solvability and that it is currently in no danger of not being able to cover its expenses. In
asses the financial status of the hospital, I've used the indicators frequently mentioned in the health-care literature and my conclusion is that the current management did a good job. The operating margin [(Total operating revenue - operating expenses)/Total operating revenue)] increased from a negative 36.1% to 4.24% in 1993, indicating a constant progress. The gross margin also had an excellent evolution, from -30.24% in 1990 to 4.81% in 1993. The return
Managing All Stakeholders in the Context of a Merger Process Review of the Relevant Literature Types of Mergers Identifying All Stakeholders in a Given Business Strategic Market Factors Driving Merger Activity Selection Process for Merger Candidates Summary, Conclusion, and Recommendations The Challenge of Managing All Stakeholders in the Context of a Merger Process Mergers and acquisitions became central features of organizational life in the last part of the 20th century, particularly as organizations seek to establish and
Price Beauty? 'For though beauty is seen and confessed by all, yet, from the many fruitless attempts to account for the cause of its being so, enquiries on this head have almost been given up" William Hogarth, The Analysis of Beauty, (1753) Not very encouraging words, but if the great artist William Hogarth felt himself up to the task, we can attempt at least to follow his lead. That beauty is enigmatic
Hisory of Palliatve Care Palliative Care Palliative Care Methods Palliative care entails assisting patients get through pain caused by different diseases. The patient may be ailing from any diseases, be it curable or untreatable. Even patient who are sick and almost passing away will need this care. Palliative care has characteristics that differentiate it to hospice care. The key role for palliative care is to help in improving the existence of someone and
Market Orientation of Medical Diagnostic Units Dissertation for Master of Health Administration i. Introduction ii. Objectives iii. Description iv Administrative Internship v. Scope and Approach vi. Growth vii. Methodology viii. Hypothesis ix. Survey Questionnaire x. Research Design xi. Observation and Data Presentation xii. Test provided xiii. Analysis of findings Marketability of Patient Satisfaction Importance of Employee Satisfaction xiv. Conclusions and Recommendations xv. Bibliography xvi. Notes xvii. Appendices Market Orientation of Medical Diagnostic Units