Share what we learn from the data and information collected for this discussion. Interpret each of the ratios. Review the Financial Ratios
A tip as you start preparing this week’s discussion – the eStatement Studies database uses the term ‘Net Worth’ for the equity ratio, so as you collect data look for that value. There will be just one value rather than the three quartile breaks we have gotten used to seeing. The database also does not directly provide the debt ratio, but we can calculate it: Debt ratio = 100 – equity ratio. Your task is to prepare a report with the required information provided below. Use the same heading names (in bold) before presenting the information as requested.
Report Headings Name of Company and Ticker Symbol: Pfizer Inc. PFE 10-K Report: https://investors.pfizer.com/financials/annual-reports/default.aspx Company Website: https://www.pfizer.com/ Industry name and NAICS Code: Provide the name and NAICS code associated with the Industry Average data. Debt Utilization Ratios: Follow the formatting in the example below to present the data. See this sample Statement Studies document for help in finding the industry average data needed for this assignment.
There will be a single industry average for the debt and equity ratios. List all 3 industry average figures for the Time Interest Earned ratio.
Evaluation: Share what we learn from the data and information collected for this discussion. Interpret each of the ratios. Review the Financial Ratios Guidelines document for direction. Do you see any red flags? Does the company make greater use of debt financing or equity financing? Does the company have too much debt? How safely can the company cover its interest expense? How does this company compare to the industry averages? Sufficiently examining the data and information collected will likely require at least 250 words.
Answer preview for Share what we learn from the data and information collected for this discussion. Interpret each of the ratios. Review the Financial Ratios
APA
321 Words