Concept
Financial statementanalysis (or financial analysis) is the process of understanding the risk and profitability of a firm (business, sub-business or project) through analysis of reported financial information, particularly annual and quarterly reports.
Analyzing financial statements involves evaluating 3 Characteristics – a company’s liquidity, Profitability, and solvency.
Financial statementanalysis
1. Balance sheet analysis
1.1 요약 대차대조표 (단위:백 만원)
2008년 자산이 예년에 비해 증가하였는데 단기투자자산과 유형자산의 증가가 눈에 띈다. 유형자산의 증가는 사업확장을 위한 토지와 건물의 증가가 이유로 보여진다. 홈쇼핑회사는 제품
financial statement because we have learned about accounting. We think that we can know the companies’ status or trend through the financial analysis
2. Reason for selecting the industry
The reason we selected the restaurant industry is that restaurant industry is showing improvements and seems poised for long-term growth. A fast-paced restaurant’ chain and high brand in the industry is b
Analysis on Apple Inc.
Financial statements analysis
1. Income statement
.
Currency in USD All numbers in thousands
Period Ending Sep 25, 2010 Sep 26, 2009 Sep 27, 2008
Total Revenue 65,225,000 42,905,000 32,479,000
Cost of Revenue 39,541,000 25,683,000 21,334,000
Gross Profit 25,684,000 17,222,000 11,
Analyzing financial statements involves evaluating three characteristics.
- Liquidity
- Profitability
- Solvency
Need for comparative analysis
- Intra-company basis
- Industry averages
- Inter-company basis
Tools of analysis
1.Horizontal analysis evaluates a series of financial statement data over a period of time.
2. Vertical analysis evaluates financial statement dat