November 2008
Intermediate to advanced
859 pages
25h 22m
English
book
International Financial Statement Analysis
by CFA Thomas R. Robinson, CFA Hennie van Greuning, CFA Elaine Henry, CFA Michael A. Broihahn
Content preview from International Financial Statement Analysis
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
CHAPTER 7
FINANCIAL ANALYSIS TECHNIQUES
Thomas R. Robinson, CFA CFA Institute Charlottesville, Virginia
Hennie van Greuning, CFA World Bank Washington, DC
Elaine Henry, CFA University of Miami Miami, Florida
Michael A. Broihahn, CFA Barry University Miami, Florida
LEARNING OUTCOMES
After completing this chapter, you will be able to do the following:
• Identify the analytical phases, sources of information, and output of financial analysis.
• Differentiate between computation and analysis of ratios, and explain key questions that should be addressed in ratio analysis.
• Demonstrate and explain the use of ratio analysis, common-size financial statements, and graphs in company analysis and the value, purposes, and limitations of ratio analysis.
• Explain the common classifications of ratios and compute, analyze, and interpret activity, liquidity, solvency, profitability, and valuation ratios.
• Explain how ratios are related and how to evaluate a company using a combination of different ratios.
• Demonstrate the application of DuPont analysis (the decomposition of return on equity).
• Describe how ratios are useful in equity analysis.
• Describe how ratios are useful in credit analysis.
• Discuss segment reporting requirements and compute, analyze, and interpret segment ratios.
• Describe how the results of common-size and ratio analysis can be used to model/forecast earnings.
1. INTRODUCTION
Financial analysis applies analytical tools to financial data to assess a company’s performance ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.