In: Finance
Choose a publicly traded company, and identify the resources that you would use (besides the financial statements) to analyze the financial position of this corporation for 2016-2017. Find at least two resources, other than the financial statements, that provide information regarding your chosen company. Prepare an overview (approximately 300 words) of what is revealed about the company by these resources, including any items that you find to be unusual about the company. Provide a link to each resource examined with your initial post, and include the company name in the subject line. Do not choose a company that one of your classmates has already posted on. To participate in follow-up discussion, choose one of the companies that a classmate has reviewed, find an additional resource that provides insight into the financial position of that company, and provide your own commentary on it. All posts should be grammatically correct and proofread for spelling. The company I was looking into was samsung or google
Resources that can be used for financial analysis other than financial statements:
These are the past ratios for the company. Present performance is judged on the basis of past performance & the persons concerned can draw inferences about improvement or on any particular aspect. This can also be known as trend analysis. For this purpose, trends rather than actual ratios are important. Trend analysis can be a valuable tool for the financial manager. For example, if we want to measure the rate of turnover, the ratio can be computed weekly or monthly & the points are plotted on the graph to show the trend of rate of turnover.
This is nothing but inter firm comparison. The financial performance of Samsung can also be evaluated by comparing the achievements of other business in the same industry. It is actually difficult to make such comparison even if it is within the similar market or industry.
The actual basis for such comparison is size, accounting policies & corporate objectives. Naturally there will be difference in all these stated things which will help us in knowing the financial performance of our company i.e. Samsung by comparing it with nokia or any other rivalry.