|Key Management Ratios||
Key Management Ratios
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.
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PART I FOUNDATIONS
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
10 Financial strength
PART IV DETERMINANTS OF CORPORATE VALUE
12 Corporate valuation
13 Financial leverage and corporate valuation
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
Financial measures are critical for business success and if youre a manager, for your career. That may scare some people. But heres the good news: there is a relatively small number of essential management ratios with which you can measure any aspect of business performance you need to. If you can master these, you will have a firm grip of business finance and need never be put off by the numbers again.
Key Management Ratios cuts straight to the measures that matter. It shows you what they are and explains exactly how they show just whats going on in your company. Its clarity of explanation and unique visual presentation will help you quickly understand everything you need to know about business ratios.
THE CLEAREST GUIDE TO THE CRITICAL NUMBERS THAT DRIVE YOUR BUSINESS
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.