CF2 Ch 04 Analysis of Financial Statements 公司财务与金融 课件.pptVIP

CHAPTER 4 Analysis of Financial Statements Topics in Chapter Ratio analysis Du Pont system Effects of improving ratios Limitations of ratio analysis Qualitative factors Income Statement Balance Sheets: Assets Balance Sheets: Liabilities Equity Other Data Why are ratios useful? Standardize numbers; facilitate comparisons Used to highlight weaknesses and strengths Five Major Categories of Ratios Liquidity: Can we make required payments as they fall due? Asset management: Do we have the right amount of assets for the level of sales? Ratio Categories (Continued) Debt management: Do we have th