Big Lots Financial Ratios 1. Cash Ratio 51,164/678,595 = 0.08 It is important for Big Lots to have a sufficient amount of cash on hand in order to successfully operate their business. The cash ratio for Big Lot’s for the year 2017 is 0.08.
Lowe 's has taken on large amounts of debt in the years leading up to April 2016. For the fiscal year ended January 2016, Lowe 's held $11.5 billion in long-term debt and $1.06 billion of current maturities of long-term debt. The majority of Lowe 's long-term debt is included of unsecured notes with interest rates ranging from 3.13% to 6.76% and maturity dates ranging from fiscal 2020 to 2045. Rising debt liabilities have complemented increasing financial leverage as Lowe 's has relied more on debt financing among low interest rates. The company 's debt-to-total-capital ratio was 0.62 in January 2016 which is bigger than 0.53 in 2015 and 0.47 in 2014.
Financial Ratios This week I obtained the financial ratios for Dollar Tree based on the financial statements of the company. I was able to complete my financial analysis project with the statements on the company. Below you will find the eight financial ratios that I obtained on Dollar Tree.
Key Financial Ratios The financial information to be discussed for the three companies are different because the ratio is sourced from MorningStar and the percentage was sourced from Bloomberg. This is probably due to the fact that MorningStar computes the ratio based on twelve trailing months and Bloomberg computes for a different time period. We wanted to source credit metrics from Bloomberg because we focused on it throughout the semester.
Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).
Over the 5 years looked at they had a range of 66%-70% in liabilities and 29%-33% in stockholders’ equity. There gross profit never got above 30% in the 5 years and there total net income available to common stockholders was right around 4%, except for the year in which they closed all of their Canadian stores. There weren’t too many surprises in Target’s percentage change statement, again, except the year they close the Canadian stores. Cash went up 83%, while Net income shot up the year after they had to pay for all those stores. Looking at both statements, Target’s future look bright with slight percentage increases in almost every category.
The current ratio is .74 and the Quick Ratio is .52 these scores were low this shows the company may have difficulty meeting its current obligations. The Ratio of Liabilities to Owners Equity is 2.32 and the Times Interest total is 5.9 this indicates that the company is able to pay its debts. The profitability measures the company’s ability to earn revenue. The Return on Stockholder’s Equity is 16% and the Return on assets is 4.82% this is desirable and indicates that the company is able to generate a profit. The plan for expansion is also great opportunity for more growth.
Public companies may quite appropriately wish to focus investors’ attention on critical components of quarterly or annual financial results in order to provide a meaningful comparison to results for the same period of prior years or to emphasize the results of core
According to the income statement of Intel, the net revenue is $59,387 million with $10,316 net income. The net income in 2016 contributed 17.4% of revenue. This indicates the good performance of the company. In terms of AECOM, even the net revenue is $17,411 million in 2016, AECOM can generate the net income at only 0.6% of the revenue which is $96 million. Compared the factor ratios between Intel and AECOM, the net revenue in 2016 of Intel is 3.41 times of AECOM, meanwhile the COGs is only 1.38 times.
Note 1: Annual growth rates in excess of 100 percent were considered outliers and were reduced to 100 percent to avoid skewing the averages. Note 2: Profit growth is the percentage change from one year to the next. Profit growth is not provided if either the latest period or the year-ago period contains a net loss. If a company posts a profit in the latest period against a loss in the year-ago period, the percent change is represented as a “P.” Similarly, if a company posts a loss in the latest period against a profit in the year-ago period, the percent change is represented as an “L.” Note 3: “—” indicates that the data is not meaningful as the sector posted losses in all periods.”
As the world advancement, new working framework is being made in light of the Microsoft. I would say, if the Microsoft were not made in those days, relatively few progressions will happen on the PC innovation now
Due to this, America was looking for an easier way to send information. Lastly, the prices became high, so innovation was vastly needed. This was the position America was in at the time[b]. In 1981 IBM introduced the IBM 5150 PC and from
The case chosen is IBM at the Crossroads, published by McGraw Hill Education. 3 key Issues and Recommendations A rather mind capturing case, talks about the growth story of IBM. The three key issues and future challenges in IBM’s way are: • Slow Reaction to Change: The past trends followed in IBM, show that it lacks responsiveness to change in market trends and revolutions.
What would life be without the long, not so easy history of computers development in the last few decades? In the ‘50s, IBM made new products that started the work of computers to begin to rise. Examples, in 1953, IBM introduces the 701 to the public. It was IBM's first electric computer and first mass-produced one. Also; in 1956 the IBM 305 RAMAC was released.
The Apple should control its cost of goods to strengthen its profitability. We still should remain optimistic opinion about Apple’s future development of profitability. Because, its revenue growth is much higher than its main competitor, and its inventories turnover ability is much stronger than other peers, which indicates that it possesses strong and continual profitability the usefulness of the financial statements that affect your analytical measures The financial statements play an important role on the financial analysis. It is also the fundamental basis of it.
