Question
Perform a financial statement analysis to assess the firm financial performance. COMPANY NAME: DAMAC PROPERTIES DUBAI CO PJSC You should cover the following: 1. Brief
Perform a financial statement analysis to assess the firm financial performance.
COMPANY NAME: DAMAC PROPERTIES DUBAI CO PJSC
You should cover the following:
1. Brief introduction about the company
2. Why is the financial analysis important for this company?
3. Present the balance sheet and income statement for the last 2 available consecutive years (2019 and 2020) for your company
4. Present the balance sheet and income statement for the last available years (2019 and 2020) for 2 competitors (choose the top competitors)
5. Perform a ratio analysis covering all 5 groups of ratios that you have in the slides:
a. Trend analysis: Compare the ratios over 2 years for your company to depict trends
b. Comparable analysis: Compare the ratios of 2020 for your company with the same ratios for 2020 for the 2 competitors
6. In light of the above analysis, provide recommendations to the upper management to improve your companys financial performance
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