Ⅰ. Introduction
1. Introduction of the company
Amorepacific Corp. was established in 1945 with the name of Pacific Integrated Chemical Inc and renamed in 2006 as ‘Amorepacific’ to expand its business into the global market. The company has grown into the most dominant company in domestic cosmetics business with largest market share of 37%. It has a corporate vision of being an ‘Asia
Short-Term Liquidity
Average Collection Period (130/2537.4)*365 18.70 (139.3/2454.7)*365 20.71
Average Payment Period (127/1643.7)*365 28.20 (129.5/1538)*365 30.73
Days Inventory (31.3/1546)*365 7.38 (37.7/1442)*365 9.54
Current Ratio 370.6/482.3 0.76 404.0/456.0 0.88
Quick Ratio (370.6-86.4)/482.3 0.58 (404.0-53.5)/456.0 0.76
4. Investment Ratio
EPS 200.1/134.79 1.48 189.6/135.02 1.40
Pr
Short-term solvency ratios
구 분
산 식
Digital-cube
Cowon
2006
2007
2006
2007
Current
Ratio
C/A÷C/L
1.9690
1.3070
1.4396
1.9525
Quick
Ratio
(C/A-Inv.)÷C/L
1.5498
0.9711
0.6958
1.0951
1) Current ratio
Current ratio is an indication of a company's ability to meet short-term debt obligations; the higher the ratio, the more liquid the company is. Current ratio i
M&A(Mergers and Acquisitions)란 기업의 합병. 매수를 의미한다. 그러나, M&A라는 용어는 학문적으로나 법적으로 엄밀하게 개념이 정립된 용어는 아니다. 다만 실무적 차원에서 편의에 따라 사용되고 있는 용어이다. 따라서 우리 나라의 경우 기업인수. 합병, 기업합병. 인수, 기업합병, 매수, 기업매수. 합병 등
Another source of indirect costs of financial distress is higher costs of capital: Short-termloans by contractors and banks are expensive and difficult to obtain (http://www.investopedia.com),
Financial distress brings the bankruptcy so it has also brings about workout. The process of working with a lender to explore alternatives to foreclosure or bankruptcy after a default. This may invo
short-termloans to finance operating expenses). Even mighty GE, which still boasted a top-notch credit rating at the time, resorted to extreme measures. The American conglomerate ended its share-repurchase programme, paid unprecedented interest rates on its commercial paper and raised capital from Warren Buffett, a celebrated investor, on terms that in normal times would have seemed exorbitant.
short-term/long-term financial instruments, the sale of property, plant/equipment, and decrease in short-term/long-term loans, deducting 3,394,212,490 thousand won from the company's cash.
In conclusion, the CFS of SK Telecom reveals how much cash it generates and, particularly, how much of that cash stems from core operations, which could be inferred from neither balance sheet nor income state
Burdening Financial institution with taxes on Non-core liabilities
(Non-core liabilities refer to liabilities not backed by deposits such as
short-term Foreign loan, Bank bond, Certificate of deposit(CD) and so on.)
In other words,
preparing the relief money as the on for Non-core liabilities of Banks.
Own funds through Taxes Conquering Own crisis
Preparing fund for Ba
it would reduce the regulations against short-term capital flows, but at the same time it would raise long-term interest rates to ensure that Korean banks could lend to Korean companies and still make a good profit. Meanwhile, the Korean companies would still get the government loan guarantees, so that paying high interest rates for long-term debts wouldn’t be a problem. The system still ma