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Discuss any changes in performance during the two-year period for Coles and Woolworths. Update your assessment by including information from recent newspaper articles, company announcements,
Discuss any changes in performance during the two-year period for Coles and Woolworths. Update your assessment by including information from recent newspaper articles, company announcements, inflation, interest rate rise, and other macro-economic issues.
Comparative Analysis Coles & Woolworths | ||||
Coles 2023 | Coles 2022 | Woolworths 23 | Woolworths 2022 | |
Revenue | 40,591 | 38,341 | 64,294 | 60,849 |
Net Income ($) | 1,042 | 1,045 | 1,629 | 1,557 |
Average Assets ($) | 18,564 | 18,480 | 33,461 | 36,255 |
Average Equity ($) | 3,240 | 2,969 | 6,335 | 3,922 |
Average Liabilities ($) | 15,324 | 15,511 | 27,126 | 32,333 |
ROE (NI/Equity) | 32% | 35% | 26% | 40% |
ROA (NI/Assets) | 5.6% | 5.7% | 4.9% | 4.3% |
Net Profit Margin (NI/Sales) | 2.6% | 2.7% | 2.5% | 2.6% |
Turnover (Sales/Assets) | 2.19 | 2.07 | 1.92 | 1.68 |
Leverage (Assets/Equity) | 5.73 | 6.23 | 5.28 | 9.25 |
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