110 likes | 129 Views
Apple Inc. Company Analysis. Table of Contents. Apple Revenues Chart Apple Horizontal Analysis Apple Vertical Analysis Apple Performance Ratios Invesment conclusion. Apples Earnings 2011 through 2013. Apple Earnings 2011 through 2013.
E N D
Apple Inc. Company Analysis
Table of Contents • Apple Revenues Chart • Apple Horizontal Analysis • Apple Vertical Analysis • Apple Performance Ratios • Invesment conclusion
Apple Earnings 2011 through 2013 • Revenues are increasing constantly albeit at a slower rate from 2012 to 2013. • A further inspection of the companies financial statements reveals much more detail.
Apple Inc. Performance Ratios Performance ratios are comparisons of different values within the company that give a bigger picture of the liquidity, solvency, growth, and efficiency of a company regardless of its size. They will be referred to and explained in greater detail later in the presentation to provide further evidence of conclusions drawn from the vertical and horizontal analysis.
Apple Vertical Analysis Significant changes in capital structure of Apple Inc.: Values represent percentage of total sales /13 /12 /11 • COGS 62%56% 60% • Operating Income29% 35% 31% • Net income 2%27%24% Apple wasmostefficient in collectingincome in 2012. Ithad a lowcost of goodsaswellas a high incomeafteroperationalcostswerefactored in. The company alsomanaged to collect the most profit relative to its net sales.
Apple Horizontal Analysis See full statementanalysis
Apple Horizontal Analysis continued • The most notable changes in absolute terms in Apple’s income statement are: • Relatively consistent increase in production costs • A significantly smaller increase in sales compared to production costs signaling that the company is taking on more cost while gaining less revenue See Performance ratios
Conclusion The company ishealthy and iswellsuitedforsafeinvestment See full invesmentreport