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加拿大assignment代写:公司业绩

Costco已经取得了较高的流动性比率和平均超过1.2在过去的3年。原因是,Costco已经能够有效地利用其现有的资产,有着高效的营运资本。另一个原因,Costco已经实现了更高的营运资金相比,沃尔玛是因为Costco用较少的财政债务的资产。它是安全的假设,Costco已经达到了一个较好的水平流动性相比,沃尔玛。
财务杠杆
一家公司更关心其为其日常业务产生资本的能力,而不是其他业务活动。Costco一直保持健康的财务杠杆比率与公司专注于收购债务不多。然而,沃尔玛拥有相当高的债务/股权比率,因为该公司专注于扩大其业务运营,因此采取了积极的商业策略。
资产利用率和市场价值比率
通过分析资产利用率和市场价值的比率,我们可以评估如何有效地利用其资产多是在比较两家公司的整体业绩的关键。当努力离开他们的资产,成本达到平均资产周转率从2011-2013年3.20左右的沃尔玛已经实现了在过去3年2.40的平均总资产周转率。同样,存货和应收账款周转率为Costco已经利用其资产有效地相比,沃尔玛公司因在其总体财务战略是积极的。即使对市场与账面价值指标,Costco的EPS已经较高时相比,沃尔玛这不断在过去几年增加。这也导致了该公司的高市盈率从2011-2013。这也意味着成本的股票总价值相比,沃尔玛增加。

加拿大assignment代写:公司业绩

Costco has achieved a high liquidity ratio and it averages more than 1.2 in the last 3 years. The reason is that Costco has been able to effectively utilize its current assets and has a highly efficient working capital. Another reason that Costco has achieved a much higher working capital when compared to Wal-Mart is because Costco uses lesser debt to finance its assets. It is safe to assume that Costco has achieved a better level of Liquidity when compared to Wal-Mart.
Financial Leverage
A company is more concerned about its ability to generate capital for its daily operations than any other of its business operations. Costco has maintained healthy financial leverage ratios and the company focused much less on acquiring debt. However, Wal-Mart has a considerably high percentage of debt/equity ratios as the company has focused on expanding its business operations and has thus adopted an aggressive business strategy.
Asset utilization and Market Value ratios
By analyzing the asset utilization and market value ratios, we can certainly evaluate how efficiently and effectively Costco has utilized its assets as this is the key in comparing the overall performance of both companies. When making the best out of their assets, Costco has achieved an average asset turnover from 2011-2013 of around 3.20 while Wal-Mart has achieved total asset turnover at an average of 2.40 in the last 3 years. Same goes for the inventory and receivable turnover as Costco has utilized its assets quite efficiently as compared to Wal-Mart because the company has been aggressive in its overall financial strategy. Even when analyzing the market and book value indicators, Costco’s EPS has been much higher when compared to Wal-Mart and this has constantly increased over the past few years. This has also resulted in a high Price-earnings ratio for the company from 2011-2013. This also means that the overall value of Costco’s stock has increased when compared to Wal-Mart.