1. CHOOSE A PUBLICLY TRADED COMPANY TO ANALYZE: 2. OBTAIN THE FINANCIAL REPORTS FROM THE 10-K OR ANNUAL REPORT OR OTHER RELIABLE SOURCE (MAKE SURE YOU ARE USING ANNUAL DATA AND NOT QUARTERLY) 3. Last 4 years of CONSOLIDATED balance sheets 4. Last 4 years of CONSOLIDATED income statements. 5. Last 3 years of CONSOLIDATED statements of cash flows. The annual report is probably on the company's website, the 10-K may also be there. The 10-K and ANNUAL REPORT are usually on the company's webpage there is a link to investor relations and then to the reports listed, however they will definitely be on the SEC website (sec.gov) 3. EXAMINE THE 10-K, AND ANNUAL REPORT 4. USING AN EXCEL SPREADSHEET CALCULATE FINANCIAL RATIOS AND CONSTRUCT THE COMMON SIZE INCOME STATEMENTS AND COMMON SIZE BALANCE SHEETS FOR EACH OF THE FOUR YEARS: 5.. OBTAIN COMPARISON DATA. 1. Obtain industry ratios for your company or select a couple competitors. Make a comparison of your company to others in the industry. You may find the competitor's financial information on Yahoo Finance 7. FINANCIAL ANALYSIS - (ATTACH ALL PRIOR PARTS) - Submit hard copy to me. (35 Points) WRITE UP YOUR ANALYSIS OF THE COMPANY. I AM INTERESTED IN YOUR ANALYSIS; I DO NOT WANT TO SEE YAHOO'S, MERRILL LYNCH'S OR ANY OTHER OUTSIDE ANALYSIS OF THE COMPANY YOU CHOOSE. 1.. Analysis (4 years) - include graphs showing the trend and industry comparison (when you design the graphs make sure they are discernable when printed in black and white. Make sure you have all 4 years of the company information. - discuss each of the ratios trend and COMPETITOR comparison (don't explain how to calculate the ratio or what the ratio means - you can assume the reader of the report understands this.) - explain the insight you gained about the company looking at the ratios. - Cash flow analysis - and information you take from the common size financial statements. 2. Conclusion - How is the company doing? why would (wouldn't) you: - sell product to the company, you can assume me you are one of their suppliers, would you buy product from the company - Would you invest in the bonds of the company? - Would you purchase the common stock of this company? 1. CHOOSE A PUBLICLY TRADED COMPANY TO ANALYZE: 2. OBTAIN THE FINANCIAL REPORTS FROM THE 10-K OR ANNUAL REPORT OR OTHER RELIABLE SOURCE (MAKE SURE YOU ARE USING ANNUAL DATA AND NOT QUARTERLY) 3. Last 4 years of CONSOLIDATED balance sheets 4. Last 4 years of CONSOLIDATED income statements. 5. Last 3 years of CONSOLIDATED statements of cash flows. The annual report is probably on the company's website, the 10-K may also be there. The 10-K and ANNUAL REPORT are usually on the company's webpage there is a link to investor relations and then to the reports listed, however they will definitely be on the SEC website (sec.gov) 3. EXAMINE THE 10-K, AND ANNUAL REPORT 4. USING AN EXCEL SPREADSHEET CALCULATE FINANCIAL RATIOS AND CONSTRUCT THE COMMON SIZE INCOME STATEMENTS AND COMMON SIZE BALANCE SHEETS FOR EACH OF THE FOUR YEARS: 5.. OBTAIN COMPARISON DATA. 1. Obtain industry ratios for your company or select a couple competitors. Make a comparison of your company to others in the industry. You may find the competitor's financial information on Yahoo Finance 7. FINANCIAL ANALYSIS - (ATTACH ALL PRIOR PARTS) - Submit hard copy to me. (35 Points) WRITE UP YOUR ANALYSIS OF THE COMPANY. I AM INTERESTED IN YOUR ANALYSIS; I DO NOT WANT TO SEE YAHOO'S, MERRILL LYNCH'S OR ANY OTHER OUTSIDE ANALYSIS OF THE COMPANY YOU CHOOSE. 1.. Analysis (4 years) - include graphs showing the trend and industry comparison (when you design the graphs make sure they are discernable when printed in black and white. Make sure you have all 4 years of the company information. - discuss each of the ratios trend and COMPETITOR comparison (don't explain how to calculate the ratio or what the ratio means - you can assume the reader of the report understands this.) - explain the insight you gained about the company looking at the ratios. - Cash flow analysis - and information you take from the common size financial statements. 2. Conclusion - How is the company doing? why would (wouldn't) you: - sell product to the company, you can assume me you are one of their suppliers, would you buy product from the company - Would you invest in the bonds of the company? - Would you purchase the common stock of this company
