Key Management Ratiosis an antidote to any fear of finance. Drawing data from 200 companies worldwide, the book brings clarity and simplicity to its explanation of every measure and shows how they all link together to drive your business.

From cash flow and profit to ROI and ROTA, its unique approach remains as classic as ever, bringing a simple and visual understanding to a complex subject.

Autorentext

Ciaran Walsh is Senior Specialist Finance at the Irish Management Institute, Dublin.
He is trained both as an economist and an accountant and had 15 years industry experience before joining the academic world. His work with senior managers over many years has enabled him to develop his own unique approach to training corporate finance. As a consequence, he has lectured in most European countries, and the Middle East. His main research interest is to identify and computerize the links that tie corporate growth and capital structure into stock market valuation.

Klappentext

With over 33,000 copies sold, Key Management Ratios is a market “classic”. This new edition is re-packaged with a new jacket design to revitalise the Key Management brand and new two-colour internals make it more readable and visually appealing.

Key Management Ratiosis an antidote to any fear of finance. Drawing data from 200 companies worldwide, the book brings clarity and simplicity to its explanation of every measure and shows how they all link together to drive your business.

From cash flow and profit to ROI and ROTA, its unique approach remains as classic as ever, bringing a simple and visual understanding to a complex subject.

Zusammenfassung

With over 33,000 copies sold, Key Management Ratios is a market “classic”. This new edition is re-packaged with a new jacket design to revitalise the Key Management brand and new two-colour internals make it more readable and visually appealing.

Key Management Ratiosis an antidote to any fear of finance. Drawing data from 200 companies worldwide, the book brings clarity and simplicity to its explanation of every measure and shows how they all link together to drive your business.

From cash flow and profit to ROI and ROTA, its unique approach remains as classic as ever, bringing a simple and visual understanding to a complex subject.

Inhalt

Acknowledgements
Foreword
Key for symbols

PART I FOUNDATIONS
1 Background
2 Financial statements
3 Balance sheet terms
4 Profit and loss account

PART II OPERATING PERFORMANCE
5 Measures of performance
6 Operating performance
7 Performance drivers

PART III CORPORATE LIQUIDITY
8 Cash flow cycle
9 Liquidity
10 Financial strength
11Cash flow

PART IV DETERMINANTS OF CORPORATE VALUE
12 Corporate valuation
13 Financial leverage and corporate valuation
14 Growth

PART V MANAGEMENT DECISION-MAKING
15 Cost, volume and price relationships
16 Investment ratios
17 Shareholder value added (SVA)
18 Acquisition analysis
19 Integrity of account statements

Appendix 1: Special items
Appendix 2: Companies used in the sample
Appendix 3: Full set of ratio charts from sample companies
Appendix 4: Discounting and compounding tables
Glossary

Index