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Report on Financial Analysis of New Talisman Gold Mines Limited

   

Added on  2020-05-16

16 Pages2359 Words120 Views
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RUNNING HEAD: Financial analysis of New Talisman Gold Mines Limited1Name of the studentTopic- Financial analysis of New Talisman Gold Mines LimitedUniversity name
Report on Financial Analysis of New Talisman Gold Mines Limited_1

Financial analysis of New Talisman Gold Mines Limited2Introduction It is important to evaluate the financial performance of company before investingcapital. In this report, New Talisman Gold Mines Limited has been taken into considerationfor financial analysis. The main objective of this report is to provide advice to investorwhether he should make investment in New Talisman Gold Mines Limited 1.Present description of the companyNew Talisman Gold Mines Limited is listed Australian Company. This company holdsmining permit and an exploration permit over the Talisman Gold mine project in the HaurakiGold Field. At the present time, Company has entered into binding agreement with NewCrest over the rahu exploration area ((New Talisman Gold Mines Limited, 2015).2.Ownership and governance structureYasuhiro and Mark is the key person who owns highest share in company (Laudon andTraver, 2013).Key managerial person who owns the highest shares holding ((New Talisman Gold MinesLimited, 2017).
Report on Financial Analysis of New Talisman Gold Mines Limited_2

Financial analysis of New Talisman Gold Mines Limited33.Performance ratio analysis This ratio has been calculated on the basis of detail given in the annual report of company(Garrett, Hoitash and Prawitt, 2014).Calculation of ROA and ROENew Talisman Gold Mines Limited Particulars (Amount in Million 2014201520162017AUD$AUD$ AUD$ EBIT-2-1-3-1Net profit-2-1-3-1Total Assets1011914.00Total Liabilities1110Shareholders' Equity9 10 814.00Computation of Return on assets 1.Rate of Return on Assets2014201520162017
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Financial analysis of New Talisman Gold Mines Limited4A. Net income-2-1-3-1B. Total assets1011914 (A/B)-20.00%-9%-33%-7%Interpretation It is evaluated that return on assets of company is negative since last four years. It is not goodindicators. Company has faced loss in its business. Nonetheless, company has decreased itsnet loss from -20% to -7% since last four years (New Talisman Gold Mines Limited, 2016).
Report on Financial Analysis of New Talisman Gold Mines Limited_4

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