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Title: 1234

Essay Details:

Subject: Miscellaneous
Author: Jesus B
Date: November 17, 2014
Level: University
Grade: B
Length: 1 / 274

Essay text:

The numbers may be taken from the Balance sheet or the Income statement and combined in any number of combinations. Rarely are numbers taken from the Statement of Retained Earnings or Cash flow statement. They are used by debt issuers for analysing credit risk. They may be stipulated in the debt covenants for determining cause for default. business insiders for evaluating performance of people (employee stock options) or projects, and by stock pickers using fundamental analysis who use past performance to judge management and predict future performance. The ratios quantify many aspects of the business, but they should not be used in isolation from the financials...

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