Download or read book Interpretation of key figures in financial analysis written by Anja Böhm and published by GRIN Verlag. This book was released on 2008-09-11 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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, 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.

Download or read book The Interpretation of Financial Statements written by Benjamin Graham and published by Harper Collins. This book was released on 1998-05-06 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Download or read book FINANCIAL RATIO ANALYSIS written by CHANDRA SEKHAR and published by Chandra Sekhar. This book was released on with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 …

Download or read book Financial Statement Analysis written by Martin S. Fridson and published by John Wiley & Sons. This book was released on 2011-06-01 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: The updated, real-world guide to interpreting and unpacking GAAP and non-GAAP financial statements In Financial Statement Analysis, 5th Edition, leading investment authority Martin Fridson returns with Fernando Alvarez to provide the analytical framework you need to scrutinize financial statements, whether you’re evaluating a company’s stock price or determining valuations for a merger or acquisition. Rather than taking financial statements at face value, you’ll learn practical and straightforward analytical techniques for uncovering the reality behind the numbers. This fully revised and up-to-date 5th Edition offers fresh information that will help you to evaluate financial statements in today’s volatile markets and uncertain economy. The declining connection between GAAP earnings and stock prices has introduced a need to discriminate between instructive and misleading non-GAAP alternatives. This book integrates the alternatives and provides guidance on understanding the extent to which non-GAAP reports, particularly from US companies, may be biased. Understanding financial statements is an essential skill for business professionals and investors. Most books on the subject proceed from the questionable premise that companies' objective is to present a true picture of their financial condition. A safer assumption is that they seek to minimize the cost of raising capital by portraying themselves in the most favorable light possible. Financial Statement Analysis teaches readers the tricks that companies use to mislead, so readers can more clearly interpret statements. Learn how to read and understand financial statements prepared according to GAAP and non-GAAP standards Compare CFROI, EVA, Valens, and other non-GAAP methodologies to determine how accurate companies’ reports are Improve your business decision making, stock valuations, or merger and acquisition strategy Develop the essential skill of quickly and accurately gathering and assessing information from financial statements of all types Professional analysts, investors, and students will gain valuable knowledge from this updated edition of the popular guide. Filled with real-life examples and expert advice, Financial Statement Analysis, 5th Edition, will help you interpret and unpack financial statements.

Download or read book Financial Statement Analysis written by Leopold A. Bernstein and published by Irwin Professional Publishing. This book was released on 1998 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Meaningful Interpretation of Financial Statements written by Donald E. Miller and published by AMACOM Div American Mgmt Assn. This book was released on 1966 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Statements written by Chris Higson and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Ratio Analysis of Financial Statements written by Alexander Wall and published by . This book was released on 1928 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Warren Buffett and the Interpretation of Financial Statements written by Mary Buffett and published by Simon and Schuster. This book was released on 2011-01-06 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Financial Statements Form Analysis and Interpretation written by Ralph Dale Kennedy and published by McGraw-Hill/Irwin. This book was released on 1973 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Analysis and Interpretation of Financial Statements written by Marius Koen and published by Juta and Company Ltd. This book was released on 1999 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book An Introduction to the Financial Statement Analysis written by Alex Sakevych and published by BookRix. This book was released on 2015-12-01 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: '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

Download or read book The Guide to Understanding Financial Statements written by S. B. Costales and published by McGraw Hill Professional. This book was released on 1993-10-22 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: There's no mystery to understanding company financial statements Even if you have no financial or accounting background, you can read those intimidating-looking financial statements as easily as A-B-C. The second edition of The Guide to Understanding Financial Statements, by S.B. Costales and Geza Szurovy, makes all the numbers and jargon absolutely clear. In seconds you'll spot a company's strengths and weaknesses, see how its performance measures up, and have a solid basis for judging future prospects. The material is so easy to grasp, you'll know it all on first reading, Discover: what a balance sheet really reveals; the true significance of a profit and loss statement; what the six most important financial ratios are, and what each can tell you; how to tell when the numbers are favorable or not; how to spot fraud; how to discover whether the stated value of certain asests is true; much more. Copyright © Libri GmbH. All rights reserved.

Download or read book Financial Statement Analysis written by Leopold A. Bernstein and published by McGraw-Hill/Irwin. This book was released on 1993 with total page 1112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Techniques of Financial Analysis written by Erich A. Helfert and published by McGraw-Hill Professional Publishing. This book was released on 2003 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book FINANCIAL STATEMENTS ANALYSIS written by CHANDRA SEKHAR and published by Chandra Sekhar. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book How to Read a Balance Sheet written by International Labour Office and published by . This book was released on 1966 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: