Financial+Analysis+of+Landry's+Restaurants(1)

# Financial Analysis o - Financial Analysis of 2003 2002 Impact Notes 1 Earnings per share \$1.66 \$1.60 Positive Earnings per share = 2 Return on

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Financial Analysis of 2003 2002 Impact Notes: 1). Earnings per share \$1.66 \$1.60 Positive Earnings p 2). Return on assets 4.51% 5.12% Negative Return on 3). Current ratio 0.76 0.62 Positive Current Ra 4). Times interest earned 7.00 13.04 Negative Times Inte 5). Asset turnover 1.09 1.10 Positive Asset Turn 6). Debt to total assets 0.45 0.39 Negative Debt to To 7). Current Cash Debt Coverage 21.65 4.63 Positive Current Ca

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8). Cash debt coverage 23.84% 30.44% Negative Cash Debt 9). Free Cash Flow 0.54 0.50 Positive Cash Flow Sources: http://www.landrysrestaurants.com/pdf/financial/2002AnnualReport.pdf http://www.landrysrestaurants.com/pdf/financial/2003AnnualReport.pdf Financial Reporting and Analysis Cases 1. How much cash (including cash equivalents) does the company report at the end o From Page 8 of Landry's Restaurants 2003 Annual Report, the company reports that it's cas 2. Assuming that cost of revenues is the same thing as cost of goods sold, compute t The formula for a company's gross profit margin percentage can be found by the formula: Given that for the tax year 2002, Landry's reported revenue was \$894,794,621 and its cost o Given that for the tax year 2003, Landry's reported revenue was \$1,105,755,000 and its cos A company's gross profit margin serves as an indication of what remains from sales after a c the company had 72.8 cents left over to cover basic operating costs and profit. The decreas cents left over to cover its basic operating costs and profit for 2003, which is an almost 2 cen 3. Assume that Landry’s experienced no shrinkage in the most current year. Using the The formula for determining the amount of purchases that a company has made for a year c Solving the above equation for Purchases, changes the equation to:
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## This note was uploaded on 07/29/2011 for the course ACCT 522 taught by Professor Haigbadeljan during the Spring '11 term at Aachen University of Applied Sciences.

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Financial Analysis o - Financial Analysis of 2003 2002 Impact Notes 1 Earnings per share \$1.66 \$1.60 Positive Earnings per share = 2 Return on

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