II. Selection Criteria for Individual Enterprises
To sort out 7 enterprises before the evaluation process, we have selected two major indexes related to the Airlines industry. One is AMEX Airline Index. It is designed to measure the performance of highly capitalized companies in the airline industry. The index tracks the aggregate performance of major U.S. and overseas airlines. Another is the l
how well each company is carrying out operating, investing and financing activities. As a result, from these analyses, the paper derives some meaning from the ratio and suggests few reasons why one company’s stock price with respect to another is overpriced or underpriced.
II. Financial Analyses of Each Pair of Companies
A. American Case Investigation
1. Evaluation of Financial Ratios
ii. Hasbro Inc.
Hasbro Inc. is the United States’ second largest worldwide toy company with 2007 revenue of $3.84 billion and net income of $333 million. Hasbro Inc. designs, manufactures, and markets a variety of game products and toys targeted to kids, families, board gamers, and educational toy consumers. Hasbro Inc. has succeeded globally, and the company owns the largest market share in
III. 레버리지 비율(leverage ratio)
레버리지(leverage)란 부채성 비율이라고도 하며 자본조달시에 부채를 이용하는 것을 말한다. 레버리지비율(leverage ratio)은 기업의 타인자본 의존도와 타인자본이 기업에 미치는 영향을 측정하는 비율이며 기업경영의 안정성과 장기 부채 사용에 따른 원리금 상환 능력에
III. 자산
기업이 소유하고 있는 건물, 생산시설, 상품, 토지, 예금 등으로, 이들은 언제든지 현금과 같이 사용할 수 있으며, 현금화할 수 있는 기업의 경제적 자원, 즉 총자산의 합으로 기업의 잠재력에 대한 배타적 권리를 나타낸다.
자산의 성격은 보통 현금화의 소요기간 1년을 기준으로 유동자산과