A Cross-Industry Analysis of Financial Ratios
Editorial Reviews
Review
“This volume is a specialized treatise on the comparability of financial ratios across the industry classifications. The treatise is thoroughly written and demonstrates how a financial analyst may use factor-analytic techniques 'to view the fundamental relationships underlying the date from different perspective and to use his or her intimate knowledge of the industry and the economy to make sense of financial numbers.' In short, the book is for the skilled practitioner of security analysis. Most appropriate for use in advanced-level courses in investments, courses that are more commonly taught in business schools than in liberal arts colleges. University and professional collections.”–
Book Description
This work takes financial ratios, a popular tool for analyzing firms and their performance, and describes the methods that can be used for comparing these ratios across a large number of industries. The authors have assessed seven financial ratios--return on investment, capital intensiveness, inventory intensiveness, financial leverage, receivable intensiveness, short term liquidity, and cash position--in relation to seven main manufacturing and retail industries. The result is a new factor analysis that will allow financial analysts to compare the performances of different types of companies and establish a global view of their relative positions.
A Cross-Industry Analysis of Financial Ratios
A Cross-Industry Analysis of Financial Ratios,J. Edward Ketz,Rajib K. Doogar,David E. Jensen,Quorum Books,089930463X,Business / Economics / Finance,Business/Economics,Corporate Finance,Corporations,Finance,Ratio analysis,Business & Economics / Finance
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