Griffith University, Gold Coast | Group Assignment for 2204AFE Financial Institutions Management | Comparative Analysis of ANZ and Westpac | | s2758329, s2762895, s2773847, s2784238Diamond, E., Dong, G., Huang, Y. & Lin, B.Due: 5th April 2012Tutor: Sonja Kobinger | | | The following report is a brief comparative analysis of two of Australia’s largest deposit-taking financial institutions (FI), Australia and New Zealand Banking Group Ltd. (ANZ) and Westpac Banking Corporation
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Financial Ratios HSM260 January 18, 2015 1-Current Ratio-the current ratio formula is current assets are divided by the current liabilities. This ratio is primarily used to give a perception of the organization’s capability of paying back its short term liabilities with short term assets. Data received from Appendix D 2002 states current assets of $104,296.00. Current liabilities equal $139,017.00. The current ratio is 0.75 2-Long-term solvency ratio-Net income (or after-tax profit) plus depreciation
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retail services and petrochemical products. The company operates in two segments: Exploration & Production and Refining & Marketing. 3. Chevron: Chevron Corporation manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries the engage in petroleum operations, chemical operation, mining operations, power generation and energy services. 4. ConocoPhillips: ConocoPhillips is an international
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Interpretation of the Ratios 1) Current Ratio-It is a test of solvency or of short-term financial strength of a concern. It is an index of working capital and shows the ability of the concern to meet its obligations and also the capacity to carry on effective operations. Generally, if current assets are twice that of current liabilities, the concern’s working capital position is considered to be satisfactory. 2) Quick Ratio-It shows the amount of cash available to meet immediate payments. Stock-in
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Week 8 – CheckPoint – Interpreting Financial Ratios Problem 6.2 Upon review of Luna Lighting’s financial ratios there are a few items that indicate their inability to improve profitability. Their fixed asset turnover and total asset turnover ratios are down. These are two approaches to assess management’s effectiveness in generating sales from investment of assets. The fact that these ratios are lower that prior year means that more investment is required in the generation of
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PROJECT 2 FINANCIAL RATIO ANALYSIS: 2 Purposes and considerations of ratio analysis 2 PHARMACEUTICAL INDUSTRY IN PAKISTAN 3 FEROZSONS LABORATORIES LIMITED 4 LIQUIDITY ANALYSIS RATIOS 4 Current Ratio: 4 Quick Ratio 5 Working Capital: 6 Absolute Liquid Ratio: 8 SOLVENCY RATIOS (Capital Structure Analysis Ratios) 9 Debt Ratio 9 Debt to Equity Ratio 9 Interest Coverage Ratio 10 Equity Ratio 12 Assets to Equity Ratios 13 PROFITABILITY ANALYSIS RATIOS: 14 GENERAL
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LIQUIDITY RATIOS Interpretation of liquidity Ratios In order to survive, firms must be able to meet their short-term obligations—pay their creditors and repay their short-term debts. Thus, the liquidity of the firm is one measure of a firm's financial health. Two measures of liquidity are in common: Current ratio = current assets / current liabilities The main difference between the current ratio and the quick ratio is that the latter does not include inventories, while the former does.
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Starbucks Corporation has followed a strict recipe of corporate business ethics that has helped build a trusted company for consumers and employees alike. Some areas of focus for Starbucks Corporation are strong ethics and compliance in their financial activities, which set the standards for ethical behavior companywide while complying with SEC regulations. Ethics and Compliance – Jose Baho Abiding by a strict level of ethics and compliance is paramount in the success and longevity
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a.) Ratios are useful indicators of a firm's performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios can be used to analyze trends and to compare the firm's financials to those of other firms in the same industry. Managers use ratio analysis to identify situations needing attention; potential leaders use financial analysis to determine whether a company is creditworthy; and stockholders use ratio analysis to
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Objective: Ratio analysis expresses the relationship among selected items of financial statement data. A ratio expresses the mathematical relationship between one quantity and another. The relationship is expressed in terms of a percentage, a rate or a simple proportion. Ratios can provide clues to underlying that may not be apparent from individual financial statement component. However, a single ratio by itself is not very meaningful. For discussion making the companies use the following types
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