《2010年可口可乐公司财务报表分析(financial.ppt》由会员分享，可在线阅读，更多相关《2010年可口可乐公司财务报表分析(financial.ppt（25页珍藏版）》请在金锄头文库上搜索。
1、FinancialStatementAnalysis OfTheCoca ColaCompany Membersofourgroup Wehave12membersinourgroup Theyare 曹斯烨何杭珂乐卓羚 datacollecting 费涛韩超凡郑东华龙晴朱宁峰 dataanalysis 沈颖鲍银盈诸葛霖楼何英 PPTmaker Presentationismadeby 曹斯烨 龙晴 诸葛霖 BriefIntroductionofthecompany Coca ColaCompanywasestablishedin1892andheadquarteredinAtlanta Un
2、itedStates With48 oftheglobalmarketshareandtheownershipoftwoofthetopthreedrinks Coca Cola PepsiCola DietCoke intheworld Itisoneoftheworld slargestbeveragecompanies BriefIntroductionofthecompany TheCoca ColaCompanyistheworld slargestbeveragedistributors 饮料销售商 Itkeepsover500kindsofdrinksbrands includi
3、ngsoftdrinks sportsdrinks dairydrinks fruitjuices teaandcoffee fruitjuice inover200countries ItcanbesaidthattheproductsofCoca Colaisbeingpurchasedineverycorneramongtheworld BalanceSheet Financialstatements BalanceSheet IncomeStatement CashFlow GeneralTendency Totalassets totaldebtanddebttoassetskeep
4、inaraisingtendency GeneralTendency OperatingCash inwaskeepingraisingduringthepast3yearsandtheinvestingandfinancingCash outstaysstable GeneralTendency Therevenueduringthepast3yearswasfluctuating Butthenetincomeandprofitmarginkeptraising Sotheprofitabilityofthecompanywasraisingduringthepast3years Reve
5、nue Totalrevenuesofeachyearfrom2008to2010 inmillionsofUSD Totalrevenuefromsalesin2010isthehighestamongthe3years Sointheyearof2010 salesofthecompanywasprefect itwasagoodyearforthecompany Revenue TotalRevenueofthethreeyears PepsiVSCoca ButcomparedwiththePepsiCompany wefoundthatrevenuefromsales amongth
6、esethreeyears ofPepsicompanyallexceedtheCocaCompany TherevenuedataofPepsiwasmorestableandmoreabletoincrease SowecanconcludethatproblemscanbefoundintheoperatingoftheCocacompany Verticalanalysis Verticalanalysis Assets In2010 Cocacolacompany spercentageofflowassetis21 4 butPepsicompany spercentageoffl
7、owassetsis22 9 Thegreaterpercentageofflowassetsintotalassetsstandsforgreateroperatingofthecompany soPepsicompany soperatingin2010wasgreaterthanCocaCola Liabilities Theratiooftotalliabilitiesdividedbytotalequityis1 35ofCocaColacompanyin2010 thisshowthatthiscompanyhasfullabilitytopayliabilities andit
8、ssafeforinvestorstoinvest Pepsicompanyofthisratiois0 74 muchlowerthanCocaColacompany soitwassaferforinvestorstoinvestCocaColathanPepsicompany Asforlongtermliabilitydividedbytotalequity Pepsicompany sratiowashigherthanCocaColacompany itshowsPepsicompany scashflowwasmorefrequentthanCocaCola butwemustc
9、areaboutPepsicompany soperating AnalysisofratiofromBalanceSheet Horizontalanalysisandcomparing Liquidity Analysistheliquidity Theoperationcapitalisincreasingduringthethreeyears Andstayinthehighlevel noriskofabnormaloperatingcausedfromleakingoperatingcapital Debttototalassetsratioisstayinginaperfectl
10、evel below0 7 bothCocaandPepsi Sonoriskofpaymentoftotalliability Currentratestaysstablebutnotataperfectlevel itwillbeperfectiftherateis2 EquityRatioofCocaisraisingduringthreeyearsbutstayinagoodlevelnear1 2 Duringtherecoveryofeconomy thecompanycangraduallyincreasethisratiotogainmorebenefits TheCashto
11、CurrentLiabilityRatiooftheCocacompanydecreasedfrom2009to2010andisalittlehigh perfectdatais0 5 Butduringtherecoveryperiodofeconomy isnotabadthingtomovethelosstocreditors TheInventoryTurnoverTermisincreasingfrom2008to2010 sotheliquidityofinventoryisalittledecreasebutstillhigh AccountsReceivableTurnove
12、rRatiostaysstableduringthreeyearsandinahighlevel AllthesecanshowthatthecapitalofCoca Colacompanyisinahighliquiditylevel AnalysistheSolvency SolvencyofShort termliability allabout2010 WecanconcludefromthetablethatfiguresoftheCurrentRateandCashtoCurrentLiabilityRateareallclosetotheperfectdata SotheCoc
13、a ColaCompanydoesn thavetotaketheriskinpayingshort termliability Andthedataoftwocompaniesareclosed Solvencyoflong termLiabilities allabout2010 WecanconcludefromthetablethattheCocacompanyhaslowerrateoflong termliability Sotheriskinpayingthelong termliabilityisnone either Analysistheprofitability Perf
14、ectdatais0 08 TheROEkeepsraisingfrom0 28intheyearof2008to0 42intheyearof2010 Sotheprofitabilityofthecompanyiskeepingraising Thisalsocanbeseenfromthechartontheleft profitmargin ComparedtoPepsi thecompanyofCoca Colahasthestrongerprofitability AnalysistheCashFlow Cash in2010TotalCash in 161871 Cashfrom
15、operatingactivities TotalCash in 88 3 2 Cashfrominvestingactivities TotalCash in 03 Cashfromfinancingactivities TotalCash in 11 7 2009TotalCash in 116891 Cashfromoperatingactivities TotalCash in 74 9 2 Cashfrominvestingactivities TotalCash in 03 Cashfromfinancingactivities TotalCash in 25 1 Theopera
16、tingcash intake88 3 ofthetotalcash inin2010 itcanconcludethatoperatingactivitiesisthemostimportantpartofthecashflow Andfrom2009to2010 thepartoperatingtakeincreasedfrom74 9 to88 3 Wecanconcludethattheoperatingactivitiesbecamemuchbetter Andinthatcasethefinancebaseofthecompanyisstableandstrong Butthedisadvantagesofthissituationisthatthestructureofthefundsissingle Andifproblemarisetotheoperatingactivities thecompanywillsufferagreatloss Cash out 2010TotalCash out 146911 Cashfromoperatingactivities To
