For your term project, please select one of the following Canadian publicly listed companies, and conduct a financial analysis, using the most recent company annual report.
Look up your company’s annual report (pdf file) on www.sedar.com Click here for instructions on accessing information from this website.
Page 1: Introduce the company’s most recent year, by writing a short paragraph. This paragraph will not describe the company (you will assume that the reader knows about the company), but rather you will write a few things that have happened in the company, during its most recent year.
Page 1: name four financial ratios that you would like to use, to analyze your company. Write a brief sentence, telling the reader what each ratio will reveal about the company. Your analysis should have a variety of ratios (one or two solvency ratios, one liquidity ratio, one or two profitability ratios, for example); please check with your instructor if you are not sure which ratios to select.
Pages 2 & 3: assess your company using each of the four financial ratios above. Succinctly write the ratio formula. Calculate your company’s ratio using the current year’s numbers (from the annual report) AND calculate the same ratio using numbers from the previous year. Include the date of the numbers that you use to calculate the ratio (month/year). For some companies, this might be October 2018 and October 2019, if a company has a fiscal year-end of October 30, for example. For other companies, you might be able to access 2020 reports, with financial ratios from March 2019 and March 2020, for example.
Page 4: Write two, separate, brief paragraphs with your financial analysis, based on the results of the four ratios. Do the ratios show improvement in the financial health of the company? Explain (briefly) why or why not.
The report will be no more than 5 pages (preferably 4 pages) single spaced.
The report will be graded on its content, clarity of explanations, presentation, and quality/clarity of your written work. Make sure that you write, edit, edit again and use clear sentences in the written work.