Otherwise, the global economic conditions are still not very conducive for copper’s growth. As a result of the weakness in the end market, Freeport-McMoRan’s results have been hurt badly. For instance, in the recently-reported third quarter, the company reported a net loss of $3.8 billion. After adjusting for the net charges of $3.7 billion, or $3.43 per share, the third-quarter 2015 loss totalled $156 million, or $0.15 per share. The company sold 1 billion pounds of copper in the quarter, down from 1.1 billion pounds in the year-ago period.
8) 2013 should be the darkest year for American Apparel till date. Net loss has reached an all-time high with 106 million USD in 2013, which is a 400% increase compared to only 37 million USD in 2012. The year was more disastrous because their operating expense was too high due to strategy for inventory management and finishing the E-Commerce platform. The service via E-Commerce wasn’t up to the mark because it was underprepared leading to further loss. 9) The sales of the company have increased relatively in 2013 but it is cancelled out by their exorbitant net loss.
5. Financial Ratio Analysis- Interpretation AEON Company Berhad From the year 2012 to the year 2013, the current ratio of AEON has decreased by 0.12 times. The company has RM 0.79 in current assets for every ringgit in current liabilities in the year 2012 while it has RM 0.67 in current assets for every ringgit in current liabilities in the year 2013. This shows that the company may have problems paying its bills on time because the current ratio of these two years is below 1 which means the current liabilities exceed current assets. Moreover, the net profit margin has slightly increased by 0.01% from the year 2012 to the year 2013.
Sinopec is offering 1.33 billion shares of prices and they were oversubscribed among the market players. The funds to be raised were expected to be up to HK$17.4 billion. In February, this company also make another announcement prompting speculation that the oil giant can acquire assets and almost HK$24 billion sale of shares to selected investors at a big discount. Before the IPO, Sinopec was planning to raise their shares to a value between HK$ 16.3 billion and HK$ 20.9 billion. Because the market in Hong Kong was in a downtrend since November 2012, it was difficult for Sinopec to issue the IPO.
During the first three years of the decade, 118 S&Ls with $43 billion assets failed. Figures state that the Federal Government resolved the failure of 1043 S& L institutions with total assets of $ 874 billion. This crisis was estimated to cost the tax payers around $ 210 Billion. The thrift industry declined from 3234 to 1645 institutions; a decrease of almost 50 percent. Also when these institutions failed, the FSLIC
This compares to only $1.4 billion of cash on hand. Interest payments on this debt are fairly significant, and will likely continue to cut into earnings. If the company is unable to satisfy its debt obligations, because of insufficient cash flows, it may have to reduce or delay investments and capital expenditures, which could hamper future
INTRODUCTION Companies invest one third of their revenue in Recruitment, Training and Development, Management practices or any incentive plan but most of the time they even don’t know about the return that they are getting from these investments, same as the case with Fleet Bank, which was the second-largest financial services company in the US and seventh largest financial holding company in the country. In 1990s there biggest concern was the Employees turn over which was up to 25% annually and among some groups it was over 40%. That was hurting the Banks Customer focused strategy big time. The company conducted some surveys regarding this issue but employees were not giving correct information (which is often the case with surveys and
In 2013, the Company and the Foundation together gave back $143 million in cash and in-kind donations — total reported to 1.4 percent of the operating income. Financial Performance: The net operating revenue for the year 2013 was $46,854 million. But the net operating revenue for the year 2012 was $48,017 million. In 2013, foreign currency exchange rates unfavourably impacted consolidated net operating revenues. Due to a stronger U.S. dollar compared to certain other foreign currencies like British pound, Brazilian real, Australian dollar and Japanese yen, the unpropitious impact of changes in foreign currency exchange rates was primarily visible, which impacted the operating segments of Bottling Investments in major parts of Europe, Latin America, Pacific, Eurasia and Africa,.
Total liabilities to total stockholder equity ratio suggests the same cash shortage issue. Creditors have more than 27% of their investment at stake, making the business less attractive for potential creditors. Efficiency ratios The Snead’s dry cleaning collection period is 3.15 days. The ratio is an indicator of company’s credit policy and the presence of aggressiveness in collecting its receivables from customers. The fixed asset ratio of 2.15 indicates that the company is not employing all of its fixed assets efficiently in generating sales volume.
Lastly, loan crowdfunding limits the expansion of the business through monthly payment of the interest. In most cases where there is use of loan crowdfunding, the investors request monthly interest payment. This hinders the expansion of the business because when the business is not gaining too much profit to be used in expansion, yet it has to pay the interests per month, it is likely to fail and collapse (Johnson, 2012). In addition, loan crowdfunding also affects peer-to peer the relationship between the borrowers and lenders which is a big problem to the business world (Everett,