For the exclusive use of G. NEVIOUS

TB0069
August 9, 2007

Graeme Rankine

Financial Statement Analysis—
Identify the Industry
Since opportunities and constraints tend to be different across industries, companies in different industries tend to make different investment, dividend, and financing decisions. Thus, firms in different industries exhibit different financial characteristics, and, hence, report different financial ratios. For example, “old economy” businesses with large amounts of tangible assets may have higher leverage ratios. Service or trading firms may have large amounts of intangible assets such as knowledge assets or a large and loyal customer base, and, hence, have low leverage ratios because “growth options” …show more content…

NEVIOUS

TB0069

This document is authorized for use only by Garrett Nevious in FIN469/BA536-spring13 taught by Wanli Wanli from
January 2013 to May 2013.

3

4
2.88
15.26
4.57
0.38
6.70
0.01
5.34
35.15
0.18
1.33
1.31
25.09
6.93
6.83
76.82
0.31
2.28
1.81
63.20
(44.84)
0.00
0.42
22.87
100.00

NOTES PAYABLE
ACCOUNTS PAYABLE
CUR LONG TERM DEBT
CUR PORT CAP LEASES
ACCRUED EXPENSES
INCOME TAXES
OTHER CURRENT LIAB
TOTAL CURRENT LIAB
MORTGAGES
DEFERRED CHARGES/INC
CONVERTIBLE DEBT
LONG TERM DEBT
NON-CUR CAP LEASES
OTHER LONG TERM LIAB
TOTAL LIABILITIES
MINORITY INT (LIAB)
PREFERRED STOCK
COMMON STOCK NET
CAPITAL SURPLUS
RETAINED EARNINGS
TREASURY STOCK
OTHER EQUITIES
SHAREHOLDER EQUITY
TOT LIAB & NET WORTH

Source: Thomson Banker One-Analytics

1
6.01
0.00
10.16
11.78
(0.24)
0.00
12.02
0.00
12.50
40.44
37.33
0.00
37.33
5.29
0.29
3.13
12.98
0.54
100.00

23.36
50.78
0.68
0.00
3.03
0.00
0.00
77.86
0.00
0.00
0.00
8.17
0.00
5.26
91.28
0.00
0.08
3.81
0.00
5.31
0.00
(0.48)
8.72
100.00

2
2.66
20.51
45.93
16.49
0.00
0.00
0.00
0.00
0.00
85.59
0.64
0.00
0.64
0.08
0.00
0.00
4.66
9.03
100.00

3.45
3.38
3.51
0.00
7.32
1.79
0.70
20.16
0.00
5.18
0.00
17.54
0.00
6.17
49.06
0.00