Financial Analysis Statement

Running head: REPORT 0
FINANCIAL ANALYSIS STATEMENT
APRIL 22, 2019
STUDENT DETAILS:

REPORT 1
Contents
Ratio Analysis............................................................................................................................2
Research Summary.....................................................................................................................3
1. Financial analysis of company........................................................................................3
2. DuoPont Analysis of ROE..............................................................................................3
3. Significant current investments and other information of importance............................3
4. Investment Decision........................................................................................................4
References..................................................................................................................................5

REPORT 2
Ratio Analysis
company name: Carnival Corporation
industry name: https://www.investing.com/equities/carnival-corporation-ratios
Company ratio
Title of ratio
Industrial Ratios
average change
current
year
prior
year
Financial year 2018 2017
Profitability Ratios
Return on sales 17.07% Weaker 17% 15%
Return on assets 3.78% Weaker 2% 2%
gross profit margin 48.74% Weaker 41% 40%
Return on equity 7.14% Weaker 13% 11%
Efficiency ratios
Account receivable
turnover 112.43 Quicker 14.09 14.35
inventory turnover 35.89 Quicker 6.59 7.41
asset turnover 0.53 Quicker 0.23 0.11
Liquidity ratios
current ratio 0.41
less
liquid 0.24 0.18
Solvency ratios
Debt Ratio 60.67%
More
risk 73% 68%
Financial leverage N/A N/A 1.73 1.68
times interest earned N/A N/A 16.53 13.46
free cash flow ($ in
millions) N/A N/A 2329 $ 2516 $
Additional data needed for ratio computations:
($ in Million) year 2018 2017 2016
Account receivable 358 312 298
inventory 450 387 322
interest expense 54 60 233
capital expenditures 3360 2944 3036
dividends paid 1355 1087 977
Research Summary