For the company (Ecolab international), evaluate its health based on its financial statements (which you may download
Question:
For the company (Ecolab international), evaluate its health based on its financial statements (which you may download from Edgar or the company’s website).
Compute the company’s current ratio, its debt ratio, its profit margin, and two other ratios you deem relevant to the understanding of the company as a whole.
Compare these ratios to industry standard calculations. Also, try to identify major changes in the company’s balance sheet and income statement from one year to the next to identify trends in the company’s health. Is it improving or deteriorating over time?
Write a comment on your assessment of the health of the company given its ratios and the changes in its financial statements over time.
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis