Financial Statement Analysis
I need help with evaluating the financial statements for Athena Health. Attached please find their financial statements for the year ending 2013.
Specifically, I need help with financial ratio analysis (total margin, operating margin, ROA, ROE, p/e, fixed asset turnover etc...), operating indicator analysis, DuPont, and EVA with explanations.
Please let me know if my question is not clear prior to attempting any help.
Du Pont analysis is an extremely useful way of seeing how the various ratios determined a firm's profitability. The extended Du Pont equation is particularly useful:
ROE = Profit Margin x Total Assets Turnover x Equity Multiplier
= Net Income / Sales x Sales / Total Assets x Total Assets / Common Equity
2013 2012 2011 2010 2009
Net Profit ...
The solution discusses the Financial Statement Analysis. Valuing securities using accounting information is provided.