Key Management Ratios: The 100+ Ratios Every Manager Needs to Know

Table of Contents

Foreword Acknowledgements 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 11 Cash 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