financial performa的nce财务分析.ppt,Financial performance;What is meant by interpretation? ;APPRAISAL OF ACCOUNTS;RATIO ANALYSIS ? COMPARATIVES ARE HELPFUL – WITH PREVIOUS YEARS – WITH BUDGETS FORECASTS – WITH SIMILAR COMPANIES – WITH MACRO ECONOMIC
Chapter 2 Evaluating Financial Performance(PPT 22页)Chapter2 EvaluatingFinancialPerformance Irwin/McGraw-Hill TABLE2-1ROEsandLeversofPerformancefor10DiverseCompanies,1998 ReturnonEquity(ROE)(%)BankAmericaCorporation11.2CarolinaPowerandLight13.5ExxonCorporation14.6FoodLionInc.17.0Harley-DavidsonInc.20.7Intel...
Firm’sFinancialPerformanceFirm’sFinancialPerformance 2005,PearsonPrentice Hall FinancialRatioAnalysisFinancialRatioAnalysis AreourdecisionsAreourdecisions maximizingmaximizing shareholdershareholder wealth?wealth? WewillwanttoanswerWewillwanttoanswer questionsaboutthefirm’squestionsaboutthefirm’s ...
什么是财务分析What is Financial Analysis基础教学课件.ppt,Altman’s Z-score, 1983 Model 6.56 x (working capital / total assets) + 3.26 x (retained earnings / total assets) + 6.72 x (EBIT / total assets) + 1.05 x (book value of equity / book value of debt)
pastperformance•Along-runtrendanalysisovera5-10yearperiodis usuallyperformedbyananalyst.•Ratioanalysismaynotanswerquestions,but leadstofurtherinquiry PPT3-4 ToolsofFinancialAnalysis •Comparativefinancialstatements•Trendanalysis•Common-sizestatements•Financialratios PPT3-5 4CategoriesofRatios •...
ANALYSIS UsesofRatioAnalysis (1)Short-termcreditors (2)Long-termcreditors (3)Managers (4)Stockholders (5)Potentialinvestors FinancialRatios (1)Liquidityratios:firm'sabilitytopayshort-termdebts. (2)Leverageratios:firm'sabilitytoservelong-term debts (3)Activityratios:tojudgehowwellresourcesareused. (4...
Analysis of Financial statements 《Analysis-of-Financial-statements》由会员分享,可在线阅读,更多相关《Analysis-of-Financial-statements(10页珍藏版)》请在人人文库网上搜索。 ANALYSIS OF FINANCIAL STATEMENTS Name Jiacheng Cao Past and likely future of financial performance and financial position To analyze the...
CFA培训课程科目:FinancialStatementAnalysisReference:1.Juneweibook(2002)2.Schweserstudynotes3.CFALOS FinancialStatementAnalysis:AnintroductionRoleoffinancialreporting: Toprovideinformationaboutthefinancialposition,performanceandchangesinfinancialpositionofanentitythatisusefultoawiderangeofusers(investors,creditorsandother...
? Financial statements are the first and often the best source of information about a company’s past performance, current health, and prospects for the future. ? Financial statements and accompanying disclosures provide information about a company’s economic wealth and changes in that wealth. ...
Financial analysis is performed by both internal management and external groups. Firms would perform such an analysis in order to evaluate their overall current performance, identify problem/opportunity areas, develop budgets and implement strategies for the future. External groups (e.g. investors, re...