Ratio Analysis

monetary Review: Amalgamated Telecom Holdings Limited and appurtenant Companies Report Period: 2007-2011 TABLE OF CONTENTS Executive Summary Purpose & field of Project ATH Historical Performance Company Background The Company Share Capital Structure Historical Financial Performance Ratio Analysis Conclusion References 1. Executive Summary 1.1Purpose & Scope This paper is a financial review of ATH Group. The analysis undertaken here uses the rifle five geezerhood of financial data for ATH excluding the current year. 1.2ATH Overview ATH Group financial results for the other(prenominal) 5 years show that the economic and commercial conditions preserve to be challenging for the company. Last year, the group chairman account that these conditions have resulted in lower than usual profit for the ATH Group. The then(prenominal) three years in particular have seen a steady decline in the groups operating revenue. This has been offset to virtually extent by reductions in operating expenses in the last year; however this has not been sufficient enough to repair the steadily declining net earnings. The decline is from 22% of net assets in 2007 to 7 % last year.

Although in steady decline, the group has remained bankable with a consistent dividend payout. After additional long terminus borrowings the group has increased its debt ratio to above that of the industry average. Conditions retain to be challenging and all major indicators show a constant down trend over the past 5 yearsperiod. Although management has attributed this trend to macroeconomic factors and the political situation in Fiji, all indications are that serious decisions need to be make before the declining sales and profits negatively impact the already high debt structure of the group.. 1.3Recommendation In view of the marked downward trend of most major indicators for ATH Group of companies, it is recommended that the board... If you want to cleave a full essay, order it on our website: Ordercustompaper.com

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