ipl-logo

American Eagle Outfitters Inc.: Financial Analysis

503 Words3 Pages

A company’s financial statements provide numerous financial information that analysts, creditors, and investors use to assess a company’s financial performance (Bethel University, 2017). Financial statements convey past performances as well as future opportunities and expectations. The information presented in financial reports of a company is required by law or by accounting regulations. Publishing such reports as the balance statement, income statements, and cash flow statements allows management to communicate with interested parties about the accomplishments and success of the company. The financial condition of a company is a major concern to creditors and investors. For example, American Eagle Outfitters, Inc. is a company that was established in 1977 and …show more content…

reporting year ends on the Saturday that is nearest to January 31st (Bethel University, 2017). The set time period is the accounting period, the firm’s fiscal year, for which the company or organization reports the financial performance and financial positions. American Eagle Outfitters, Inc. presents complete balance sheets for two year, 2014 and 2015 (Bethel University, 2017). They also provide complete income statements and cash flow statements for 2013, 2014, and 2015 totaling three consecutive years. The company’s income statement suggests a net income of 80,322.00 for the 2015 fiscal year. American Eagle Outfitters, Inc. also states that the amount of revenue for 2015 was a total of 3,282,867. The company’s success can be seen in the facts and figures on the financial statements they provide. However, the figures are only reliable if the financial reports and statements are audited. According to American Eagle Outfitters, Inc., the company has an independent registered public accounting firm to audit and analyze the company’s finances (Bethel University, 2017). The audits are led according to the regulations and standards required by the United

Show More
Related

American Eagle Outfitters Cash Flow Statement

638 Words | 3 Pages

The first one is January 31, 2015 for Statement of Operations and Cash Flow Statements is January 31,2015 both statements dated for the same year. The amount of net income for Income Statements is $80,322 as well as Cash Flow Statements. (Bethel University,2017). Balance sheet does not show a revenue earned for the most recent year. Income Statements known as Statement of Operations shows the revenue for the year is February 3,2018.

Read More

American Eagle Outfitters Income Statement

515 Words | 3 Pages

The third year is January 31, 2015. During those three years that have decreased in net revenue in the thousands (Bethel University, 2017). American Eagle Outfitters cash flow statements has the same three fiscal years completed as the income statement. The year starts on February 02, 2013, the second year is February 01, 2014, and the third year is January, 31, 2015. According to Bethel University, (2017), The footnote to the financial statements from February 01, 2014, American Outfitters Inc., had treasury bills that helped their cash equivalents for that year, however they did not have any treasury bills in January 31, 2015 to help them out.

Read More

Hcs/531 Week 4 Health Care Paper

1417 Words | 6 Pages

When being placed in the role of a manager, it is important to understand the finances of the organization and how to read and understand the recording of finances. It is also important to understand how all the different parts of the records fit together to give us the knowledge of where the business is financially. Knowing also the different responsibility centers related to financial recording and how they function is important as a manager. Once a manager understands what and where items belong on a balance sheet, they will better understand the state that the business is in. “It provides you with a picture of the financial health of your practice or organization on a certain date.”

Read More

Research Paper On American Eagle Outfitters

854 Words | 4 Pages

American Eagle Outfitters

Read More

American Eagle Outfitters Income Statement Analysis

499 Words | 2 Pages

For many years, does it present complete balance sheets, income statements, and cash flow statements? Balance Sheets: The balance sheet for American Eagle is recorded data that completes one fiscal year. This fiscal year runs from February 1, 2014 and runs through January 31, 2015. They will close out each fiscal year on the Saturday closest to January 31 (Bethel University, 2017).

Read More

Business Analysis: Dick's Sporting Goods Store

300 Words | 2 Pages

The organization that I have chosen is Dick’s sporting goods store. Dick started when he was 18 years in 1948. He opened a shop in Binghamton, NY with $300. Dick’s son Edward was the one who has expanded the business into a major sporting goods chain. Firm’s Strategic Mission: Dick’s sporting goods store mission statement is from Dick’s son Edward Stack the CEO of the company.

Read More

What Is The American Eagle Outfitters Income Statement

631 Words | 3 Pages

The companies’ balance sheets, income statements and cash flow statements, audited by the Ernst and Young LLP for the fiscal year ending January 31, 2015. This audit showed the company to be in sound financial standing. This paper also included the net income and revenue for American Eagle Outfitters Incorporated during the same period. Under the American Eagle and Aerie brands the company operated 1,056 wholly owned stores as of January 31,2015 (Bethel

Read More

Analysis Of American Eagle Outfitters

231 Words | 1 Pages

American Eagle is known for staying on top of the newest trends. On Form 10-K, American Eagle Outfitters’ most recent reporting year ends on January 30, 2009. The total amount of years completed on the balance sheet was two; February

Read More

P1 Unit 4 Business

589 Words | 3 Pages

Financial Statements- Is a record of a Business’s Financial Figures that contains the data of how their business is running and their cash flows. They should be clearly structured so that the professionals understand them. Financial Statements are used to show how a company’s money is created and how able they are to make their own money, it is also used to show what sources they use for their money. They also show us if the business is able to pay back the money and have the ability to pay back their debts. The statement also shows financial ratios that can specify the form of a particular business and also shows if any profit is at loss.

Read More

Under Armour, Inc. Financial Analysis

901 Words | 4 Pages

Over the past five years, Under Armour, Inc had 29% average growth of sales a year. Astonishing growth for Under Armour in well-established sportswear industry is supported by tripled increase in assets since 2010. Interestingly, Under Armour did not increase its long term liabilities, particularly debt, over same period of time. Increase in value of assets was supported by increase in owner’s equity, which has triples since 2010.

Read More

GASB Assignment 1 Paper

464 Words | 2 Pages

The reason financial reports should consist of the above given components relies upon effective communication (Reck & Lowenshon, 2016, p 352). Have you ever picked up a novel or document that was lengthy and hard to read for no apparent reason? The same concept applies here. Notes are made to further provide information that is essential and important to the user’s understanding (Reck

Read More

Highest Community Of The Organization: The American Accounting Association

405 Words | 2 Pages

The organization is the Accounting American Association. The goal of the American Accounting Association is the highest community of the accounting. The Accounting American Association works on developing a rich and reputable history on accounting for leading edge research and publications. The members of the American Accounting Association have grown to over 7,000 members than 75 countries. The American Accounting Association important field are Sponsor and Doctoral in student program, AAA Section and Regions.

Read More

Tesco Accounting Report

1656 Words | 7 Pages

Also many companies reporting related to the state of the value added or environmental information, these are concentrated in industrial sectors. The financial statements reflect the financial position of company, financial performance and cash flows of the company, it is significant to note that the correct depiction of the impacts of transactions and other events and circumstances according to the explanations and criteria identification of assets, liabilities, income and expenses go in the same outline (Brealey,

Read More

The Accounting Cycle

1750 Words | 7 Pages

Preparing the financial statements is the most important steps in the accounting cycle. Balance sheet, income statement, statement of changes in equity and statement of cash flows will be prepared in order to provide useful financial information to the external users. The income statement or known as profit and loss statement is a report that display the income and expenses of the company during the accounting period. The income statement also served to calculate the net income or loss of a company by deducting the total expenses from the total income and this calculation shows investors and creditors the overall profitability of the company as well as how efficiently the company is at generating profits from total

Read More

Objective Of Financial Statement Analysis

1195 Words | 5 Pages

The objective of financial statements is to provide information about the financial position, financial performance and cash flows of an entity that is useful to a wide range of users in making economic decisions. The going concern concept is fundamental concept for the preparation of financial statements. Some financial reporting frameworks contain an explicit requirement for management to make a specific assessment of the entity’s ability to continue as a going concern, and standards regarding matters to be considered and disclosures to be made in connection with going concern. For example, International Accounting Standard (IAS) 1, “Presentation of Financial Statements” requires management to make an assessment of an entity’s ability to continue as a going

Read More

More about American Eagle Outfitters Inc.: Financial Analysis

Open Document