Guide to Analysing Companies

by Vause, Bob

• ISBN13: 9781861979858
• ISBN10: 1861979851
• Edition: 4th
• Format: Hardcover
• Copyright: 2005-08-30
• Publisher: John Wiley & Sons Inc

Summary

How can anyone tell how well a company is managed and performing? In this completely revised fourth edition, noted academic and consultant Bob Vause provides the benchmarks to answer: Which ratios and indicators should be used to assess performance? What can be done to massage (and decode) company results? How can companies operating in different sectors or even different countries be compared? How can danger signs on the corporate horizon be spotted? Clear and well informed, Guide to Analysing Companies will help investors, analysts, and students understand and uncover a business's true worth and performance.

Table of Contents

Introduction	vi
Part 1 Understanding the basics	1	(114)
1 The annual report - and what underlies it	3	(27)
2 The balance sheet	30	(31)
3 The income statement	61	(28)
4 The cash flow statement	89	(22)
5 Other statements	111	(4)
Part 2 Assessing the facts	115	(152)
6 Guidelines for financial analysis	117	(12)
7 Measuring profitability	129	(28)
8 Measuring efficiency	157	(21)
9 Working capital and liquidity	178	(27)
10 Capital and valuation	205	(30)
11 Strategy, success and failure	235	(32)
Part 3 Useful benchmarks	267	(25)
12 Practical examples of ratio analysis	269	(23)
Glossary	292	(1)
Index	293