1000+ documents containing “financial ratio analysis”.
Financial Ratio Analysis for Xerox
Xerox Corporation is company in the field of technology and services, which is currently developing, manufacturing, marketing, and financing a whole range of document equipment, software, integrated solutions and services. They have a global network, with branches in more than 130 countries all over the world. In America, its products are distributed through divisions, subsidiaries and third-party distributors. In the rest of the world (Europe, Africa, Asia), Xerox is represented by Xerox Limited and by other companies wherewith Xerox has concluded distribution agreements. Xerox's customer pool is very diverse, both from a geographical and a demographical point-of-view, and ranges from low-end users, such as small and middle market businesses to high-end, high quality users like graphic arts shops, governmental entities, educational institutions and large corporate accounts.
The marketing strategy for Xerox currently concentrates on the new tendencies on the market: color and digital products. These products have….
1. Morningstar Financial Analysts www.morningstar.com
2. Reuters Financial Analysts www.investor.reuters.com
"Adobe and Xerox Announce Strategic Initiative to Promote Print Production Workflow Standards" Company Release www.adobe.com/aboutadobe/pressroom/ressreleases/pdfs/200309/093003XEROX.pdf
Morningstar Financial Analysts www.morningstar.com
This means that Apple is generating more cash internally than Google. Further, given the increase in cash flows from operations in the case of Apple means that the company could have an enhanced value of net income in future. hen it comes to cash flows from investing activities, there is an increase in the same in the case of Apple in the current financial year in comparison to the previous financial year. This means that the company is using more cash to enhance its competitiveness and facilitate efficient operation. Further, given that this figure is higher than that of Google in both years under consideration, it is clear that Apple is spending more on capital expenditures and/or other monetary investments than Google. In comparison to the previous financial period, Apple has also registered an increase in the figure for cash flows from financing activities. However, using the company's latest….
Correia, Carlos, David Flynn, Uliana, Enrico & Wormald, M. Financial Management. Juta and Company, 2007. Print
Kimmel, Paul D., Donald Kieso, Jerry Weygandt. Financial Accounting: Tools for Business Decision Making. John Wiley and Sons, 2010. Print.
Mayo, Herbert B. Investments: An Introduction. Cengage Learning, 2007. Print.
Stickney, Clyde P., Roman Weil, Katherine Schipper & Jennifer Francis. Cengage Learning, 2009. Print.
financial ratio analysis, a tool that shows how figures between the balance sheet and the income sheet are related. atios are used to appraise a company's past financial performance and its potential for the future. A company's financial statements are of interest to creditors, investors, financial analysts and internal accountants. Using ratios helps them to analyze the overall financial health of a business. By computing financial ratios, one is better able to evaluate a company's financial status and operating performance for a given time period.
Here are some of the advantages of ratio analysis:
It simplifies the comprehension of financial statements.
It facilitates comparisons between firms.
It highlights the factors associated with strong firms and weak firms.
It provides a helpful tool in investment decisions.
Here are some limitations of ratios analysis:
It is susceptible to personal bias by the people interpreting them.
It analyzes historical data, making its predictive value limited.
Financial ratios are classified according to….
Accounting For Management. 2011. Retrieved from http://www.accountingformanagement.com/index.htm
NetMBA.com. (nd) Financial Ratios. Retrieved from http://www.netmba.com/finance/financial/ratios/
Siegel, J. Ph.D.,CPA, & Shim, J. Ph.D. 2006. Financial Statement Analysis, Barron's Accounting Handbook (pp.238-269). Hauppage, NY: Barron's Educational Series, Inc.
Ratio analysis is not used in as widespread a manner in government as it is in the private sector. hile they are very necessary, they have to be adapted specifically to the unique problems of the public sector which is not based upon profit. These primary issues include the weaknesses in the way that the key information elements needed for the assessment financial condition is reported. Though reporting methods have improved, financial analysts in the public sector must however be knowledgeable enough to draw the appropriate information government sources. Unfortunately for the accountant, it is generally not easy to asses a government agency's financial condition only from the information in financial reporting.
This however does not mean that financial conditions cannot be assessed in the public sector
. Such assessments can be done with ratio analysis methods. At the all state government and by extention federal and local levels as well financial….
McNabb, D.A. (2008). Research methods in public administration and nonprofit management: quantitative and qualitative approaches. New York:
Texas State Auditor, (1995). Methodology manual, data analysis: analyzing data
- ratio analysis. Austin, TX: Texas State Printing Office.
There are some interesting dynamics with this case. First, Snead would not purchase this company for one penny more than the net present value of future cash flows. Second, the business cannot possibly be a sole proprietorship -- with the chemicals and the risk of damage this has to be incorporated. That means that the company can borrow, and can borrow against its assets and future cash flows. I'm not convinced that Sheldon's personal credit is relevant to borrowing for new equipment. New ventures are not going to be taken into consideration here -- neither for cash flows nor for valuation. These are all speculative, and there are no coherent dollar figures attached to it. Lastly, the assumption that Sheldon will have to pay employees more than what they are being paid now is unfounded. His uncle is not running this business solo, so there is no reason to….
BLS.gov (2015). Occupational employment and wages, 2014: Laundry and dry-cleaning workers. Bureau of Labor Statistics. Retrieved April 4, 2015 from http://www.bls.gov/oes/current/oes516011.htm
Dun & Bradstreet (2001). Fourteen key business ratios used by D&B. Dun & Bradstreet. Retrieved April 4, 2015 from https://www.dnb.com/product/contract/ratiosP.htm
Miller, S. (2011). The seven key ratios used in key ratio analysis. eZine Articles. Retrieved April 4, 2015 from http://ezinearticles.com/?The-Seven-Key-Ratios-Used-in-Key-Ratio-Analysis&id=5873597
Tootsie oll Corporation
The financial ratio analysis provides a financial picture of a company that serves as a useful tool for investors, management and creditors. Management uses the financial ratios to improve a company's operating efficiency and achieving future growth. More importantly, investors and creditors use the financial ratios to evaluate financial health of a company. This report evaluates the financial ratio of Tootsie oll using the company last quarter financial statements of 2013 to measure the company's profitability and liquidity. Since Tootsie oll focuses on the manufacturing and sales of the confectionary product, the report bases the company performance on liquidity and profitability. The paper calculates the ratios from the company's balance sheet and income statements.
Objective of this report is to conduct a comparative ratio analysis of the Tootsie oll to measure the company profitability and liquidity. The report uses the company last quarter financial statements of 2013 for the….
Beechy, T.H. & Conrod J.E.D. (2012). Intermediate Accounting. (Fifth Edition) .McGraw-Hill. Ryerson Limited, Canada.
Security Exchange Commission (2013). Tootsie Roll Industries, Inc. USA.
Wiener, Z. (2001). Financial Statement Analysis BKM Chapter 19. McGraw-Hill Company.
This pricing power can be applied to reducing the prices for consumers as a means of gaining market share. At this point in its life cycle, Netflix should have a cost advantage over its primary competitor, Blockbuster, in the video rental business, given its size. hen Netflix started, this was not the case, but Blockbuster failed to leverage its pricing power to undercut Netflix, and the latter firm eventually prevailed with a superior business model.
However, Netflix may not have a cost advantage over companies that act as substitutes, such as media vendors Amazon and al-Mart. Compared with those firms, Netflix does not have a cost advantage because it lacks the economies of scale over those competitors. Those competitors are at present substitutes for Netflix, but there is the risk that they could become direct competitors. As such, Netflix may wish to become larger in order to improve its buying….
Harper, D. (2011). Financial statements: Introduction. Investopedia. Retrieved March 16, 2011 from http://www.investopedia.com/university/financialstatements/
Loth, R. (2011). Financial ratio tutorial. Investopedia. Retrieved March 16, 2011 from http://www.investopedia.com/university/ratios/
As an investor, discuss which company you would choose to invest in and provide a rationale for your decision. Support your conclusions, why or why not?I would choose to invest in CVS. First, the company is trading a lower multiple to earnings than Walgreen which indicates that the investor is obtaining more value per dollar of earnings relative to Walgreens. This is particularly attractive in a low interest rate environment in which many stocks trade at a historically high P/E multiple. This many also cause some concern for me as even during a bull market, both CVS and Walgreens are trading a relatively low multiples. This could potentially indicate problems with the overall operations for both businesses as the market is may be capitalizing lower future earners for both businesses. CVS has a lower dividend payout ratio relative to Walgreens. This indicates more security for investors as to the ability….
1. Bennett, James A., and Richard W. Sias. 2006. “Why Company-Specific Risk Changes over Time.” Financial Analysts Journal, vol. 62, no. 5 (September/October): 89–100
2. Boudreaux, Kenneth J. and Long, Hugh W. The basic theory of corporate finance. Englewood Cliffs, Prentice-Hall, 1977
Financial atios of a Prospective Borrower
Financial ratio analysis is a quantitative tool used to analyze financial standing of a business entity. The ratio analysis can also be used to compare financial capabilities of companies in different industries. This paper discusses how financial ratios can be used to answer questions about the management, marketing, and production capabilities of a prospective borrower. The paper also identifies ratios that demonstrate management competency and are mandatory to a financial services regulator.
atios demonstrating Production, Management, and Marketing Capabilities of a prospective Borrower
In the contemporary business environment, firms rely on loans from banks to improve their business operations. However, before a bank or other financial institutions can offer loans to organizations, they have to evaluate management competency, production, and marketing capabilities of a prospective borrower. The bank uses different financial ratios to analyze production efficiency of a prospective borrower.
An efficiency ratio is one of the….
Wal-Mart is the world’s largest retailer. They operate in many countries around the world, and have over 2 million employees. The largest market for Wal-Mart is the United States. Wal-Mart is the biggest grocer in the country, one of the biggest online retailers as well. By analyzing the financial statements of Wal-Mart, one can ascertain the company’s financial health as of 2015.
Financial statements for publicly traded companies are compiled according to a specific set of rules, and a format that is established both by convention and by the governance of the Securities Exchange Commission. The value of having these rules is that the information contained in the financial statements is reliable, and comparable. Not only can one compare Wal-Mart’s financial performance across different years, but it is also possible to compare Wal-Mart’s performance against other companies in its industry.
One of the means by which financial statements are analyzed is….
Financial statements are essential in measuring and assessing the real financial strength and position of a company. These financial statements provide quantifiable data for reports and help an individual to obtain an understanding of a company's forthcoming forecasts and risks (Weygandt et al., 2008). The purpose of this paper is to review the financial statement of Doctors Hospital in the two years 2013 and 2014 and analyze these financial statements and its financial well-being. In addition, the paper will outline the role played by advanced practice nurses in the financial welfare of the organization.
Implications of Economics for Advance Practice Nurses. The ole of the Advance Practice Nurses in the Financial Wellbeing of Healthcare Organizations
In general, very minimal studies have been undertaken in the United States regarding cost effectiveness and economic impact of primary care delivered by advanced practice nurses. esults from different research studies indicate that, on the basis of….
Baker, H. K., Powell, G. E. (2005). Understanding Financial Management: A Practical Guide. United Kingdom: Blackwell Publishing.
Hughes, R. G., & O'Grady, E. T. (2008). Advanced practice registered nurses: The impact on patient safety and quality. In Naylor, M. D., & Kurtzman, E. T. (2010). The role of nurse practitioners in reinventing primary care. Health Affairs, 29(5), 893-899.
Naylor, M. D., & Kurtzman, E. T. (2010). The role of nurse practitioners in reinventing primary care. Health Affairs, 29(5), 893-899.
Nursing World. (2012). ADVANCED PRACTICE NURSING: A NEW AGE IN HEALTH CARE. American Nurses Association. Retrieved 14 January, 2016 from: http://www.nursingworld.org/FunctionalMenuCategories/MediaResources/MediaBackgrounders/APRN-A-New-Age-in-Health-Care.pdf
This ratio eliminates the stock figure from that of current assets and like the current ratio; it is used to measure the liquidity of a firm. The quick ratio may in some instances be preferred over the current ratio as it is inherently difficult to turn some assets into cash. In regard to the two companies, the quick ratio brings out Plume Inc. As being more risky as it is more likely to default on its short-term obligations. According to Tracy (2009), the quick ratio of a firm should ideally be grater than 1.
Part B: Health and isk Analysis in Brief
Looking at the debt to asset ratio, Arrow Company comes across as being more risky than Plume Inc. This is basically because its higher debt to assets ratio exposes it to a larger amount of debt which both investors and creditors may be wary of. Further, the higher debt….
Financial atios From Income Statements:
Accounting in hospitality management is carried out to identify and document financial issues and produce information regarding an organization's assets, liabilities, and investments. Through this process, the management of a hospitality establishment understands and interprets financial ratios, which are crucial for basic control of operations in the establishments. Some of the most important financial ratios in hospitality accounting include average daily rate, occupancy percentage, room sales to total sales, cost of food sold percentage, profit margins for rooms and F&B, housekeeping cost per occupied room, and cost of beverage sold percentage. These financial ratios can be determined or worked out from a company's income statements or operational data (Casado, 2006, p.103). For the 310-room hotel in Costa Mesa, California, the Occupancy percentage is 7,755: 310 = 25.02%
Cost of labor percentage for rooms is 103,202: 437,433 = 23% for F&B is 113,349: 302,188 = 37.5%
Cost of food….
The industry average current ratio is 2.5 (MSN Moneycentral, 2009), so the Gap has less capacity to meet its current obligations than many of its peers. However, in the retail industry most firms have a large portion of their current assets tied up in inventory, which distorts the current ratio figures higher. The Gap's figure of 1.855 is strong and indicates that the company will have little difficulty in meeting its upcoming obligations.
Overall, the liquidity measures provide an indication of the company's short-term health. Low amounts of working capital or a poor current ratio can indicate that the firm is in short-term distress. The figures for the Gap in 2008 do not indicate a firm in financial distress. Rather, they indicate that the company will have little difficulty in meeting its upcoming financial obligations. The company has strong working capital figure and a high current ratio. The latter is….
The Gap Inc., 2008 Form 10-K. Retrieved August 17, 2009 from http://www.gapinc.com/public/Investors/inv_fin_sec_filings.htm
MSN Moneycentral: The Gap Inc. (2009). Retrieved August 20, 2009 from http://moneycentral.msn.com/investor/invsub/results/compare.asp?Page=ProfitMargins&Symbol=GPS
Therefore, I do believe that qualitative research is necessary. The financial statements can reveal much, but there are definitely instances in which the financial statements require contextual understanding for proper interpretation. Without this understanding, the firm's numbers may only reveal raw data. Raw data can be interpreted any number of different ways, so it is essential that qualitative analysis be conducted in order to place the numbers within a framework that will make understanding easier. or example, Landry's is taking on debt, but we know from the company's statements that this is to finance expansion and that hopefully when those properties are open, the returns will begin to improve.
How the firm makes money is an important consideration. This can help to not only place past performance into perspective but also to provide greater understanding of the firm's future prospects as well. Competitive advantages can be derived sometimes from the financial….
Financial Ratio Analysis for Xerox Xerox Corporation is company in the field of technology and services, which is currently developing, manufacturing, marketing, and financing a whole range of document equipment,…Read Full Paper ❯
This means that Apple is generating more cash internally than Google. Further, given the increase in cash flows from operations in the case of Apple means that the…Read Full Paper ❯
financial ratio analysis, a tool that shows how figures between the balance sheet and the income sheet are related. atios are used to appraise a company's past financial…Read Full Paper ❯
Ratio analysis is not used in as widespread a manner in government as it is in the private sector. hile they are very necessary, they have to be adapted…Read Full Paper ❯
Financial Analysis There are some interesting dynamics with this case. First, Snead would not purchase this company for one penny more than the net present value of future cash flows.…Read Full Paper ❯
Tootsie oll Corporation The financial ratio analysis provides a financial picture of a company that serves as a useful tool for investors, management and creditors. Management uses the financial ratios…Read Full Paper ❯
This pricing power can be applied to reducing the prices for consumers as a means of gaining market share. At this point in its life cycle, Netflix should…Read Full Paper ❯
As an investor, discuss which company you would choose to invest in and provide a rationale for your decision. Support your conclusions, why or why not?I would choose to…Read Full Paper ❯
Sports - College
Financial atios of a Prospective Borrower Financial ratio analysis is a quantitative tool used to analyze financial standing of a business entity. The ratio analysis can also be used…Read Full Paper ❯
Introduction Wal-Mart is the world’s largest retailer. They operate in many countries around the world, and have over 2 million employees. The largest market for Wal-Mart is the United States.…Read Full Paper ❯
Health - Nursing
Financial statements are essential in measuring and assessing the real financial strength and position of a company. These financial statements provide quantifiable data for reports and help an individual…Read Full Paper ❯
This ratio eliminates the stock figure from that of current assets and like the current ratio; it is used to measure the liquidity of a firm. The quick…Read Full Paper ❯
Financial atios From Income Statements: Accounting in hospitality management is carried out to identify and document financial issues and produce information regarding an organization's assets, liabilities, and investments. Through this…Read Full Paper ❯
The industry average current ratio is 2.5 (MSN Moneycentral, 2009), so the Gap has less capacity to meet its current obligations than many of its peers. However, in…Read Full Paper ❯
Therefore, I do believe that qualitative research is necessary. The financial statements can reveal much, but there are definitely instances in which the financial statements require contextual understanding for…Read Full Paper ❯