FINANCIAL ANALYSIS: TOOLS AND TECHNIQUES CHAPTER 1 pptx

... book. hel78340_ch 01. qxd 9/27/ 01 10:58 AM Page 19 18 Financial Analysis: Tools and Techniques production, carefully calibrated against quality standards and relative contribution from products and services, ... economic tools, but the development of hel78340_ch 01. qxd 9/27/ 01 10:58 AM Page 11 xvi Contents Combinations and Synergy 414 Combinations and Share Value...

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... 44 Financial Analysis: Tools and Techniques FIGURE 2 11 TRW INC. AND SUBSIDIARIES Statements of Earnings For the Years Ended December 31, 19 97 and 19 96 ($ millions) Source: Adapted from 19 97 ... company as a whole (Chapters 9 and 10 ), and finally, shareholder value creation concepts, such as total shareholder return, economic value added, and so forth (Chapters...

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... an Current assets Working capital Fixed assets Other assets Current liabilities Long- term debt Share- holders' equity hel78340_ch03.qxd 8/6/ 01 3: 31 PM Page 60 86 Financial Analysis: Tools and Techniques $10 million, and reduction in deferred taxes of $11 3 million. The final two items represent ... Growth Pattern 1, 600 1, 400 1, 200 1, 000 800 600 400 200 0 1, 600...

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... $1, 600 $3,333 $2,500 $2,743 Year 2 1, 600 2,222 1, 875 2,286 Year 3 1, 600 1, 482 1, 407 1, 829 Year 4 1, 600 988 1, 406 1, 3 71 Year 5 1, 600 658 1, 406 914 Year 6 1, 600 917 1, 006 457 Total: $9,600 $9,600 $9,600 ... sales .5($573 ϩ $524) $10 ,8 31 Average inventory Sales hel78340_ch04.qxd 9/27/ 01 11: 07 AM Page 10 9 10 8 Financial Analysis: Tools and Techniqu...

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... . . . . . . 1, 410 1, 410 -250 1, 160 “Plug” figure representing financing needs as of December 31; same amount as in Figures 5–3 and 5-4 hel78340_ch05.qxd 9/27/ 01 11: 14 AM Page 16 8 CHAPTER 5 Projection ... time, and not their ebb and flow. A more dynamic intraperiod analysis requires either hel78340_ch05.qxd 9/27/ 01 11: 14 AM Page 17 3 18 2 Financial Analysis: Tools...

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... leverage. • Financial leverage. 19 1 hel78340_ch06.qxd 9/27/ 01 11: 13 AM Page 19 1 Copyright 20 01 The McGraw-Hill Companies, Inc. Click Here for Terms of Use. 216 Financial Analysis: Tools and Techniques • ... secondary role. As we’ll discuss and demonstrate in more detail in hel78340_ch06.qxd 9/27/ 01 11: 13 AM Page 209 210 Financial Analysis: Tools and Techni...

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... 0.769 0.7 41 0. 714 0.690 0.667 2 1. 970 1. 942 1. 886 1. 859 1. 833 1. 783 1. 736 1. 690 1. 647 1. 626 1. 605 1. 566 1. 528 1. 492 1. 457 1. 440 1. 424 1. 392 1. 3 61 1.289 1. 224 1. 165 1. 111 3 2.9 41 2.884 2.775 2.722 ... 1. 993 15 13 .865 12 .849 11 .11 8 10 .379 9. 712 8.559 7.606 6. 811 6 .14 2 5.847 5.575 5.092 4.675 4. 315 4.0 01 3.859 3.726 3.483 3.2...

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... 2,304 16 ,12 8 Depreciation tax shield ( $1, 150 ϫ .36) . . . . . . 0 414 414 414 414 414 414 414 2,898 Total project cash flows (including recovery) . . Ϫ8,750 2, 718 2, 718 2, 718 2, 718 2, 718 2, 718 3,468 ... 2, 719 2,384 2,093 1, 835 1, 609 1, 414 1, 640 Cumulative present values . . . . . . . . . . . . . . . . $ 11 ,500 $Ϫ8,7 81 $Ϫ6,397 $Ϫ4,305 $Ϫ2,470 $ Ϫ8 61 $ 553 $2 ,19 3 Net...

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... EPS) (old) (new) EBIT ($ millions) 0 1. 0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10 .0 11 .0 12 .0 hel78340_ch10.qxd 9/27/ 01 11: 30 AM Page 3 41 352 Financial Analysis: Tools and Techniques The analytical implications ... and the market price of the stock. We’ll return to determin- ing the value of rights to the investor in Chapter 11 . hel78340_ch10.qxd 9/27/ 01 11: 30 AM Pag...

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... 616 1. 222 853 4 .10 1. 189 993 1. 195 486 1. 200 868 1. 206 14 2 1. 211 310 1. 216 375 4 .15 1. 184 434 1. 189 747 1. 194 952 1. 200 0 51 1.205 046 1. 209 940 4.20 1. 178 908 1. 184 043 1. 189 073 1. 193 999 1. 198 ... 787 1. 242 557 3.95 1. 206 868 1. 212 913 1. 218 8 41 1.224 654 1. 230 354 1. 235 944 4.00 1. 2 01 210 1. 207 068 1. 212 812 * 1. 218 443 1. 22...

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