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Chapter 5:  Financial  Analysis
Key Concepts in Chapter 5 ,[object Object],[object Object],[object Object]
Determinants of Firm Value  and Ratio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Drivers of profitability and growth
Ratio Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Measuring Overall Profitability ,[object Object],[object Object]
Decomposing Profitability:  Traditional Approach
Decomposing Profitability:  Alternative Approach ,[object Object],[object Object],[object Object]
Detail of Alternative ROE Decomposition
Intermezzo: definitions
B&O versus Loewe: Comparison  of ROE Components
Discussion of Results from  Profitability Analysis ,[object Object],Loewe Alternative Loewe Traditional B&O Alternative B&O Traditional 0.85 3.13 0.20 1.80 Financial Leverage 15.3% 8.7% 7.8% 4.8% ROA 2.78 1.64 1.59 1.06 Asset Turnover
Assessing Operating Management: Income Statement Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Gross Profit Margin ,[object Object],[object Object],[object Object],[object Object]
NOPAT and EBITDA Margins ,[object Object],[object Object]
A Comparison of Key Income Statement Ratios for B&O and Loewe
Decomposing Asset Turnover ,[object Object],[object Object],[object Object],[object Object]
Working Capital Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Asset Management Ratios for  B&O and Loewe
Financial Leverage Analysis ,[object Object],[object Object],[object Object],[object Object]
Liquidity Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Liquidity Analysis ,[object Object]
Comparison of B&O and Loewe Liquidity Ratios
Debt and Coverage Ratios ,[object Object],[object Object]
More Debt and Coverage Ratios ,[object Object]
More Debt and Coverage Ratios, contd. ,[object Object]
Comparison of B&O and Loewe Debt and Coverage Ratios
Assessing the Sustainable Growth Rate ,[object Object],[object Object],[object Object]
 
Sustainable Growth Rates For  B&O and Loewe
Cash Flow Analysis ,[object Object],[object Object],[object Object]
Analyzing Cash Flow Information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash Flow Analysis ,[object Object],[object Object],[object Object]
 
Concluding Comments ,[object Object],[object Object],[object Object],[object Object]

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F6003Ch 05.php(1)