Kering company

This is a group written report, with an individual task (analysis of ratios). The groups of 8 analysts will need to research the annual reports of one public luxury brand fashion or jewelry company for the fiscal years of 2019 and 2020 (all the calculations, results, tables, etc. need to be presented in this chronological order). The 10-k annual reports are available online on the respective company's website. All the calculations and the Excel preparation need to be based on the official financial statements downloaded from company website.

The financial section of the annual reports should be evaluated through ratios analysis, with specific emphasis on:Solvency

In the individual task, two students will analyse one ratio. You have to comment on the change in each firm's position from one year to the other based on the ratios calculated for those years. Any calculations performed have to be referred to in the text. The analysis needs to provide possible explanations for significant fluctuations in the numbers. The student should use management's discussion contained in the annual reports to support any explanations.

Your analysis and conclusion should be supported by the textbook and peer reviewed academic articles (a minimum of 5 peer-reviewed recent academic articles: at least one article per ratio and at least one article for the conclusion section). If non-academic references such as Investopedia or Wikipedia are used, the grade for reference section will be reduced to zero.