Wednesday, March 6, 2019

Jeronimo Martins Group’s Consolidated Balance Sheet Essay

Jeronimo Martins Groups Consolidated Balance public opinion poll as of 31 December 2011 and 31 December 2010, has been analyzed independently the correspondents values, structure and relevant changes for assets and Liabilities & Shargonholders Equity with following conclusions I.The important assets of Jeronimo Martins Group are non watercourse (about 75%) concentrated more(prenominal) often than not in tangible assets (about 50%) followed for the intangible assets (about 18%) II.The current assets are for the most part inventories and cash or cash equivalent III.The main liabilities of Jeronimo Martins Group are current (about 55%) concentrated mostly in trade creditors, accrued costs and deferred income IV.The noncurrent liabilities are mostly BorrowingsV.Total Shareholders Equity re insert nearly 30% of Total Shareholders Equity and Liabilities VI.The biggest changes in assets, 2010 to 2011, are referred to derivative financial Instruments (-78%) and Cash and Cash equivale nts (74%) VII.Changes, 2010 to 2011, in current assets are 27,1% and noncurrent are 2,4% VIII.The biggest changes in liabilities and total equity are referred to retained earnings (250%) and fairly value and other reserves (-101%), provisions for risk and contingences (106%) IX.Changes, in 2010 to 2011, in current liabilities are 11% and noncurrent are -27% and total equity are 32,63%The structure, values and changes listed above means that Jeronimo Martins Group had, in 2010 and 2011, mostly of its assets as noncurrent, which arent expect to be converted into cash or consumed within 12 month. The current ratio is below 1, so this party doesnt have a big liquidity. Analyzed the 10 biggest companies in the food area, the current ratio is below those values observed much(prenominal) as in Dole food company (current ratio is 1,5). The current ratio is an entity ability to meet its current obligations or to maturing short bourne obligations, is an important measure of its financial health.This company present 0,406 (2010) and 0,464 (2011) current ratios, more current liabilities than current assets. The total debt to equity ratio represents the long boundary viability of the company, measure the degree of the indebtedness relative to its equity funding. This company present 2 (2010 and 2011) total debt to equity ratio, more total debt than equity, this imply that greater is this ratio greater is strain on the company to make unfluctuating payments to debts holders and higher is the risk of bankruptcy.

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