The Nairobi Securities Exchange has 64 listed companies. As per the requirements of the companies act, these
Question:
The Nairobi Securities Exchange has 64 listed companies. As per the requirements of the companies act, these companies are required to publish their financial statements yearly and therefore these financial statements can easily be acquired by any member of public from their websites, offices or print media.
Kenya Airways
Safaricom
Nation Media Group
Barclays Bank Kenya
Equity Bank
Bamburi Cement
British American Tobacco
Centum Investment Company
In relation to the above statement, obtain financial statements for any of the above listed companies STRICTLY for the financial year 2017 - 2018 and analyze them as below;
Required
a. Calculate any two ratios from each of the categories below; (18 marks)
Debt ratios
Growth and valuation ratios
Turnover ratios
b. Using the ratios calculated; evaluate the performance of the company. (12 marks)