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Please complete the following: -Horizontal and vertical analysis of the Income Statements for the past three years (all yearly balances set as a percentage of
Please complete the following:
-Horizontal and vertical analysis of the Income Statements for the past three years (all yearly balances set as a percentage of total revenues for that year).
-Horizontal and vertical analysis of the Balance Sheets for the past three years (all yearly balances set as a percentage of total assets for that year).
-Ratio analysis (eight ratios of your choosing) for the past three years PLUS a measurement for the creditworthiness of your firm as measured by Altmans Z-score.
Income Statement: | |||
Period Ending | 31-Dec-14 | 31-Dec-13 | 31-Dec-12 |
Total Revenue | 194,673,000 | 182,150,000 | 162,463,000 |
Cost of Revenue | 38,585,000 | 33,595,000 | 32,920,000 |
Gross Profit | 156,088,000 | 148,555,000 | 129,543,000 |
Operating Expenses | |||
Research Development | - | - | - |
Selling General and Administrative | 13,721,000 | 13,282,000 | 11,870,000 |
Non Recurring | - | - | - |
Others | 111,009,000 | 103,676,000 | 92,693,000 |
Total Operating Expenses | - | - | - |
Operating Income or Loss | 31,358,000 | 31,597,000 | 24,980,000 |
Income from Continuing Operations | |||
Total Other Income/Expenses Net | - | - | - |
Earnings Before Interest And Taxes | 31,358,000 | 31,597,000 | 24,980,000 |
Interest Expense | 3,253,000 | 2,801,000 | 2,744,000 |
Income Before Tax | 28,105,000 | 28,796,000 | 22,236,000 |
Income Tax Expense | 7,935,000 | 8,951,000 | 6,924,000 |
Minority Interest | -298,000 | -369,000 | -488,000 |
Net Income From Continuing Ops | 20,170,000 | 19,845,000 | 15,312,000 |
Non-recurring Events | |||
Discontinued Operations | - | - | - |
Extraordinary Items | - | - | - |
Effect Of Accounting Changes | - | - | - |
Other Items | - | - | - |
Net Income | 19,872,000 | 19,476,000 | 14,824,000 |
Preferred Stock And Other Adjustments | - | - | - |
Net Income Applicable To Common Shares | 19,872,000 | 19,476,000 | 14,824,000 |
Balance Sheet: | |||
Period Ending | 31-Dec-14 | 31-Dec-13 | 31-Dec-12 |
Assets | |||
Current Assets | |||
Cash And Cash Equivalents | 63,269,000 | 48,186,000 | 46,992,000 |
Short Term Investments | - | - | - |
Net Receivables | 34,418,000 | 33,106,000 | 34,562,000 |
Inventory | 10,236,000 | 9,860,000 | 9,675,000 |
Other Current Assets | - | - | - |
Total Current Assets | - | - | - |
Long Term Investments | 18,937,000 | 19,234,000 | 6,314,000 |
Property Plant and Equipment | 137,244,000 | 123,805,000 | 106,872,000 |
Goodwill | 60,714,000 | 57,011,000 | 54,523,000 |
Intangible Assets | - | - | - |
Accumulated Amortization | - | - | - |
Other Assets | 58,442,000 | 49,480,000 | 44,725,000 |
Deferred Long Term Asset Charges | - | - | - |
Total Assets | 526,186,000 | 484,931,000 | 427,452,000 |
Liabilities | |||
Current Liabilities | |||
Accounts Payable | 40,223,000 | 37,835,000 | 35,361,000 |
Short/Current Long Term Debt | - | - | - |
Other Current Liabilities | - | - | - |
Total Current Liabilities | - | - | - |
Long Term Debt | 80,209,000 | 72,224,000 | 62,736,000 |
Other Liabilities | 101,492,000 | 92,648,000 | 93,273,000 |
Deferred Long Term Liability Charges | 61,235,000 | 57,739,000 | 44,494,000 |
Minority Interest | 2,857,000 | 2,595,000 | 3,941,000 |
Negative Goodwill | - | - | - |
Total Liabilities | 286,016,000 | 263,041,000 | 239,805,000 |
Stockholders' Equity | |||
Misc Stocks Options Warrants | - | - | - |
Redeemable Preferred Stock | - | - | - |
Preferred Stock | - | - | - |
Common Stock | 8,000 | 8,000 | 8,000 |
Retained Earnings | 163,620,000 | 143,748,000 | 124,272,000 |
Treasury Stock | -1,763,000 | -1,363,000 | -1,363,000 |
Capital Surplus | 35,573,000 | 35,472,000 | 37,230,000 |
Other Stockholder Equity | 42,732,000 | 44,025,000 | 27,500,000 |
Total Stockholder Equity | 240,170,000 | 221,890,000 | 187,647,000 |
Net Tangible Assets | 179,456,000 | 164,879,000 | 133,124,000 |
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