4.49/5 stars (141 customer reviews)

Learn how easy it can be to: ✓ Compute liquidity ratios (ability to meet short-term obligations) ✓ Apply profitability ratios ✓ Calculate debt-management ratios ✓ Use return-to-investors ratios ✓ Analyze year-to-year performance ✓ Compare your company to others in your industry. Makes you invaluable to your company. Plus—stock-market ratios for your personal use. Double-quiz in each section assures that you master it.

ISBN:9781884826511
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208 pages [76 self-teaching + 132 self-quizzes with detailed answers] 

Section 1: How to use ratios. Measure a firm’s financial health. Where to find the numbers to use for ratios.

Section 2: Can the firm pay its short-term obligations? Find out with the current and quick (“acid test”) ratios.

Section 3: Measure liquidity (ability to turn assets into cash). Measure the quality of your company’s A/R and collection efforts and foresee problems in future sales, pricing or inventory with the inventory-turnover and A/R-turnover ratios.

Section 4: Rate a firm’s efficiency. See if sales are providing sufficient return on your company’s investment in fixed assets with the sales-to-fixed-assets ratio. Evaluate your company from one period to another period using the profit-margin ratio.

Section 5: Debt management. Predict when losses will start to hurt your company’s credit rating with the total-liabilities-to-total-assets ratio. Forecast long-term solvency and when the company must stop borrowing with the times-interest-earned ratio.

Section 6: Evaluating return on investment. Uncover the true return on investment with the return-on-investment ratio. Assess return to stockholders with the return-on-stockholders’ equity ratio.

Section 7: More tools for evaluating company performance. Learn how to compare financial statement items year to year and how to evaluate key sections of the income statement and balance sheet.

Section 8: Company v. industry performance. Where to find standards of comparison and industry norms to see how your company is doing.

Section 9: Stock market ratios. Easily measure any stock’s performance the way the pros do. Master the earnings-per-share ratio . . . price-earnings ratio . . . dividend-payout ratio.

Publisher: AIPB

Additional information

Book Type

Softcover WorkBook, Online e-WorkBook

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4.49 out of 5 stars

141 reviews

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What others are saying

  1. MARY

    I feel the book was well written. Even though I had to read a paragraph more than once to get a better understanding. I found the book to be knowledgeable. I am hoping AIPB gets update books to keep the CB’s up to date.

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  2. MICHELE

    I really liked this course! I would’ve liked if it even went a little deeper with some of the explanations.

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  3. SHENG

    I really like this course.Thank you

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  4. ELAINE

    Topics well explained

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  5. CARROLL

    I liked this one very much. I wanted more exercises and examples of stock and bond credit analysis. More examples of business reviews and departmental accounting, too.

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  6. LUPE

    I enjoyed this course very much. I learned a lot and keeping the book for reference will come in very handy.

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  7. RAJPATTY

    Financial Statement Analysis: Emphasizes effective business analysis and decision making by analysts, investors, managers, and other stakeholders of the company.  It continues to set the standard in showing students the keys to effective financial statement analysis. The book presents a balanced view of analysis, including both equity and credit analysis.

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  8. JODI

    Helpful in understanding the different ways to analyze the financial statements and a bit in understanding how to know what changes the trends. Could have used a bit more help in knowing what makes up the lines on the sample financial statements as each company’s reports are different.

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  9. HUONG

    Ha, not easy to understand

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  10. ROBERT

    Very Satisfied. Very detailed with lots of examples. Quizes were very helpful.

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  11. MIR

    It is really an excellent reference book.

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  12. JENNIFER

    Easy to read book with good real world examples.

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  13. HUGO

    I have not done any work but I plan to later on. I have seen the book and I think its excellent.

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  14. RUDOLPHO

    This is an EXCELLENT Tool. Used as reference.

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  15. DARLENE

    he information was very well organized and I love the test at the end of each chapter. The test and quiz help to prepare you for the final test. I do believe that working the information in the matter inwhich this course is laid out is the most effective manner.

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  16. DENISE

    What I have studied is very helpful

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  17. SONIA

    Excellent. Clear and concise. Very helpful

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  18. TRICIA

    This was my favorite AIPB course.

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  19. MARIA

    This is a very complete book that has practical problems in order to apply your knowledge on the go.

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  20. KATHLEEN

    Learned a lot. This was difficult, but manageable.

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  21. LORI

    Jumps around a lot. Hard to follow at times.

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  22. LUELLEN

    Has been a great learning tool to help me progress in my career.

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  23. MARION

    Helped with my current job duties.

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  24. TINA

    I was disappointed in this book. Not quite what I was looking for.

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  25. MYLES

    The course gave me a solid understanding of how to create a cash flow statement and value of its relavence.

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  26. SUSAN

    A great refresher. Very intuitive.

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  27. JUAN

    Very satified with the content

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  28. DENISE

    Useful

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  29. ELISE

    The book was clear and organized well.

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  30. LINDA

    Somewhat difficult to follow

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