Guide to analysing companies / Bob Vause.

Format:

Book

Author/Creator:

Vause, Bob, author.

Series:

The Economist Guide to analysing companies

Language:

English

Subjects (All):

Business enterprises--Evaluation.

Business enterprises.

Business enterprises--Finance.

Physical Description:

1 online resource (568 p.)

Edition:

Sixth edition.

Place of Publication:

New York, New York : PublicAffairs, 1997.

Language Note:

English

Summary:

In today's volatile, complex and fast-moving business world, it can be difficult to gauge how sound a company really is. An apparently strong balance sheet and impressive reported profits may be hiding all sorts of problems that could even spell bankruptcy. So how do you:Know whether a company is well run and doing well?Decide which ratios and benchmarks to use to assess performance?Work out if a company has massaged its results?Recognise the danger signs on the corporate horizon?Compare companies operating in different sectors or countries?These and many other important questions are answered

Contents:

Copyright Page; Contents; List of figures; Introduction; Part 1: Understanding the basics; Chapter 1: The annual report - and what underlies it; Double entry book-keeping; Who publishes accounts?; Other influences on the annual report; The objectives of the annual report; Obtaining an annual report; Who uses annual reports?; Underlying the annual report; The elements of financial statements; A conceptual framework; Statement of accounting policies; Auditors; Corporate governance; The hindsight factor; Chapter 2: The statement of financial position; Presentation; Assets

Chapter 3: The income statementIncome statement presentation format; Profit considerations; Nuts and bolts; Depreciation and profit; Taxing matters; Capital or revenue; Chapter 4: The statement of cash flows; No cash, no business; What matters; Funds flow statement; Cash flow; Statement of cash flows; Summary; Part 2: Assessing the facts; Chapter 5: Guidelines for financial analysis; Comparability and consistency; Percentage rules; Growth rates and trends; Foreign currencies; Chapter 6: Measuring profitability; What is profit?; Profit margin ratios; The efficiency ratios

The shareholders' returnLeague tables; Value added; Summary; Chapter 7: Measuring efficiency; Human resource management; Physical resource management; Financial resource management; Summary; Chapter 8: Working capital and liquidity; Working capital and cash flow; Measuring liquidity; The cash cycle; Assessing the cash position; Summary; Chapter 9: Capital and valuation; Equity and debt; Share price and value; Valuing companies; Cost of capital; Summary; Chapter 10: Strategy, success and failure; Sources of information; Corporate governance; Corporate strategy; Success or failure?; Appendices

1: Useful benchmarks2: Glossary; 3: Abbreviations and acronyms; Index

Notes:

Includes index.

"The Economist"--Cover.

Description based on print version record.

ISBN:

1-61039-479-8