Financial Analysis of Under Armour
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Can you please help me with the following financial analysis and the attached questions (see attachment)?
Please help prepare a financial analysis for 2008 and 2009 for Under Armour - http://investor.underarmour.com/investors.cfm
The financial analysis should include:
Current ratio
Quick ratio
Net profit margin
Return on investment
Return on equity
Inventory turnover
Days of inventory
asset turnover
Fixed asset turnover
Average collection period
Debt-to-asset ratio
Debt-to-equity ratio
I. Current Performance
A. Describe the Current Performance
1. Identify the Key Issues
2. Analysis of Mission and Objectives
B. Strategic Posture
1. Mission
2. Corporate Level Strategies
3. Business Level Strategies
4. Policies
II. Corporate Governance
A. Board of Directors
1. Strategic Orientation
2. Composition
B. Top Management
1. Strategic Orientation
2. Composition.
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Solution Summary
This in-depth solution of 746 words discusses financial analysis questions for Under Armour. All references used are included.
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UNDER ARMOUR
A. Current Performance
Under Armour is engaged in branded performance apparel, footwear and accessories. Current performance of Under Armour is strong. In North America, the company has been able to successfully take Nike in head-on struggle. What used to be a tiff between Nike and Adidas is turning in favor of Under Armour as the company has taken over Adidas in the U.S market. The company is also targeting international growth in the next few years through acquisitions.
1. Key Issues
The recession took a negative toll on consumer's spending on sporting and athletic goods which led to stores decreasing inventory for these goods. However the trend is expected to fade away soon with increasing awareness about health benefits associated with exercising.
In the international market demand for sportswear is very volatile and depends on consumers preferences as they tend to fluctuate between different sporting activities.
2. Mission & Objectives
Mission of Under Armour is to make all athletes better through passion, design and the relentless pursuit of innovation ("Our mission", n.d).
Under Armour has one key objective which is growth. The company wants to grow and all their strategies are aligned to enable the company ...
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