analysisoffinancialstatements(英文版)-資料下載頁
2025-03-03 18:06本頁面
【正文】 rights reserved. Effect of reducing DSO from days to 32 days: Old A/R = 19,543 x = 878,000 New A/R = 19,543 x = 625,376 Cash freed up: 252,624 Initially shows up as additional cash. 3 35 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. What could be done with the new cash? Effect on stock price and risk? New Balance Sheet Added cash $ 253 Debt $1,945 A/R 625 Equity 1,552 Other CA 1,802 Net FA 817 Total assets $3,497 Total LE $3,497 3 36 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. Potential use of freed up cash ?Repurchase stock. Higher ROE, higher EPS. ?Expand business. Higher profits. ?Reduce debt. Better debt ratio。 lower interest, hence higher NI. ?All these actions would improve stock price. 3 37 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. What are some potential problems and limitations of financial ratio analysis? ?Comparison with industry averages is difficult if the firm operates many different divisions. 3 38 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. ?“ Average” performance not necessarily good. ?Seasonal factors can distort ratios. ?“Window dressing” techniques can make statements and ratios look better. 3 39 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. ?Different operating and accounting practices distort parisons. ?Sometimes hard to tell if a ratio is “good” or “bad.” ?Difficult to tell whether pany is, on balance, in strong or weak position. 3 40 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. What are some qualitative factors analysts should consider when evaluating a pany’s likely future financial performance? ?Are the pany’s revenues tied to 1 key customer? ?To what extent are the pany’s revenues tied to 1 key product? ?To what extent does the pany rely on a single supplier? (More…) 3 41 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. ?What percentage of the pany’s business is generated overseas? ?Competition ?Future prospects ?Legal and regulatory environment 3 42 Copyright 169。 2023 by Harcourt, Inc. All rights reserved. 謝謝觀看 /歡迎下載 BY FAITH I MEAN A VISION OF GOOD ONE CHERISHES AND THE ENTHUSIASM THAT PUSHES ONE TO SEEK ITS FULFILLMENT REGARDLESS OF OBSTACLES. BY FAITH I BY FAITH
研究報告相關推薦
鄂ICP備17016276號-1