It has a current ratio of 3.94%, meaning it can efficiently cover its short-term liabilities. The company also has a debt to assets ratio of .07%. This number measures the company’s financial risk by determining how much of the company’s assets have been financed by debt. Since Google’s number is equal to industry average it is easy to infer that Google has average financial risk because its assets are significantly higher than its short and long…
hold only 31.7% of the industry market share, the remaining being held by many small companies, each with less than 5% of the market share. (Hurley) Foot Locker focuses mostly on athletic shoes, which represent 90% of their total sales. (Hurley) It holds the largest market share within the industry and as such its sales were about 2.5 times that of the other three competitors in 2014. (Foot Locker Inc. Form 10-K 2014) Payless ShoeSource, the main brand of Wolverine Worldwide, focuses mainly on…
Book value per share of Japan Food Holdings is its total shareholders’ equity divided by its total number of shares outstanding, whereby shareholders’ equity is obtained by using total asset less total liabilities.
(Total Assets-Total Liabilities )/(Total Outstanding Shares)=Book value per share
(38199000-7624000 )/174006000=0.18 SGD per share (Japan Foods Holding Ltd, 2015)(Appendix A)
Market value per share as of 31 march 2015 = $0.49 Singapore dollars. (Yahoo! Finance, 2015) (Earl K.Stice,…
1. Working capital of the company was increasing in 2011-12.It increased from 2010-11 to 2011-12. In the current financial year 2013-14 net working capital is 63,227.00. It shows good liquidity position.
2. Positive working capital indicates that company has the ability of payments of short terms liabilities.
3. Working capital increased because of increment in the current assets. Company’s current assets were always more than requirement which affected the profitability of the company.
2.1.3 Company size
Several studies have reported a negative link between firm size and short run underpricing (Megginson & Weiss, 1991, Ibbotson, Sindelar & Ritter, 1994; Carter, Dark & Singh, 1998). Younger and smaller companies are more underpriced because they are riskier (Ritter, 1984; Ritter, 1991; Megginson & Weiss, 1991). Michelsen and Klein (2011) argue that company size acts as a primary role when the firm was making decision on whether to go private or not. According to the authors,…
a) Tax consideration: In present scenario, ICI is a subsidiary of a stable and established firm and is in a good state with sufficient revenue generation. It has current debt ratio of 40%. ICI would want to leverage the low debt ratio of Nero for further growth and expansion. This merger can also be used as a way of tax benefits for excess cash flows. Acquisition of a loss making firm can be used to save tax on the acquiring firm’s income.
b) Diversification: Although diversification…
findings start to look grim. The company lost 34% of earnings between 1999 and 2000, but manage to come out of that loss by 2001. However, even without significant loss here, the Net Income does not equally represent the strength in the company’s financial growth the way sales do.
The overall production costs have increased steadily as well, but this is probably due to the large amount of inventory added between 2000 and 2001. We see the increase of inventory cost spike from an 35% up to…
3. Internal Analysis
3.1. SWOT Analysis
3.2. Industry Value Chain
3.3. Core Competence
3.4. US Market Position
3.5. UK Issuing Market Position
3.6. UK Acquiring Market Position
3.7. Commercial Payments Market Position
3.8. Barclaycard Financial Analysis
3.9. Ansoff Market Grid Analysis
4.1. Cost Leadership Strategy
4.2. New Market Development Strategy
4.3. New Product Development Strategy…
The current ratio calculation helps to determine in the short term how well a company is able to cover its liabilities in relation to their current assets. To assist a company in evaluating how much debt they have and whether the debt is too high would be the debt to assets ratio. This formula takes the company’s debt in the form of notes payable, long term bonds and long term debt and splits the…