Comparing Financial Performance of Eastern Airlines and British Airways

USING YOUR OWN
PREFERRED KEY
FINANCIAL METRICS
COMPARE THE
PERFORMANCE OF THE
TWO AIRLINES,

Table of Contents
INTROPDUCTION.........................................................................................................................3
MAIN BODFY................................................................................................................................3
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTROPDUCTION
Financial analysis is to interpret and analysis the overall financial performance of the
business venture. This project will be discussing the financial performance of the company by
comparing the performance of two airlines company. Further, recommendation will also provide
in this projects that companies may improve the overall performance.
MAIN BODFY
Eastern Airlines
2021 2020 2019
Gross profit ratio 22% (3081 / 14083 *
100)
11.4% (4968 / 43587 *
100)
11% (5125 / 46820 *
100)
Net profit ratio -2% (-292/ 14083 *
100)
20% (8730 / 43587 *
100)
8% (3850 / 46820 *
100)
Current ratio 1.78 (20300 / 11417) 1.42 (24123 / 16944) 1.43 (22167 / 15482)
Interest coverage ratio 11.075 (886 / 80) 18.93 (9217 / 487) 29 (12156 /422)
The comparative assessment about the overall performance entertain by both the
companies such as Eastern Airline and British Airways it is demonstrate as a fact that the gross
profit margin entertain by the organisation is 22% in the year 2021, 11.4% in 2020 and 11% in
the year 2019. The overall gross profit margin of company is increasing in every single financial
year that would support the business venture to enhance the growth and objectives of the
company. The sales of the company has increased in all the thee financial irrespective of that the
organisation has faced the increase in the profit margin. ON the other hand net profit margin of
company is identified as -2% for the year 2021, 20% in 2020 and 8% in 2019. The net profit
margin of the company has been decline in the respective financial year irrespective of the fact
that organisation has witnessed the increasing trend for its gross profit margin in the organisation
(Amankwah-Amoah, Khan and Osabutey, 2021). This is clearly stating the fact that this is not
certain that company will witness the increasing trend in its net profit margin even if the gross