Question
As a publicly traded entity, your assigned company is required to submit half-yearly and annual reports to the Australian Securities Exchange (ASX) detailing the financial
As a publicly traded entity, your assigned company is required to submit half-yearly and annual reports
to the Australian Securities Exchange (ASX) detailing the financial operations of the company over the
past half-year or year, respectively. These reports are available on the ASX website (www.asx.com.au)
or in the investor section of the company's own website. These are also available at websites such as
Yahoo Finance (
https://au.finance.yahoo.com/
) and Morningstar (https://www.morningstar.com/stocks).
Using information from the company's financial statements, you should document and discuss the
financing and leverage history of the company and characterise the company's historical (and current)
leverage policy using:
A) Recent (last five years) financing activities of the firm (debt issues, equity issues and share
buybacks). (3 marks)
o
Use a table to report the information required and briefly discuss the information/trends.
B) Current and recent (last five years) history of the levels of debt and equity, leverage ratio (debt to
equity ratio) and interest coverage ratio. (4 marks)
An analysis for the Cochlear Limited.
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