课程: Corporate Financial Statement Analysis

今天就学习课程吧！

今天就开通帐号，24,700 门业界名师课程任您挑！

Example: Walmart vs. Target

Example: Walmart vs. Target

课程: Corporate Financial Statement Analysis

开始一个月试用 购买团队方案

Example: Walmart vs. Target

“

- So we've used common-size financial statements to analyze on certain company, but will this same technique work with a real company, a real company like Walmart? Well, let's take a look at Walmart's income statement. Now, you see the income statement here in front of you. This is good, we have three years' worth of data, and you can see sales going up steadily, about $15 billion a year. Awesome. Three years of side-by-side data are nice, but it would be really nice to know: Why is income so much lower in 2019? We can get huge insights very efficiently just by constructing a common-size income statement for Walmart. And how do we do that again? Just divide everything in the income statement by sales for that year. And we see down at the bottom in 2019, net income is a percentage of sales, 1.4%. We've seen that before. We call that return on sales. In 2017, that same number is 2.9%. Why is it so much lower in 2018?…

内容