In todays volatile, complex and fast-moving business world, it can be difficult to gauge how sound a company really is. An apparently strong balance sheet and impressive reported profits may be hiding all sorts of problems that could even spell bankruptcy. So how do you:
Know whether a company is well run and doing well?
Decide which ratios and benchmarks to use to assess performance?
Work out if a company has massaged its results?
Recognise the danger signs on the corporate horizon?
Compare companies operating in different sectors or countries?
These and many other important questions are answered in a completely updated and revised sixth edition of this clear and comprehensive guide.
It is aimed at anyone who wants to understand a companys annual report, judge a customers creditworthiness, assess a companys investment potential, and much more.
