3.2 : 財務諸表の分析

The analysis of financial statements involves examining and interpreting a company's financial data to assess its performance and make informed business decisions.

This analysis can be performed through various techniques, like ratio analysis, trend analysis, comparative analysis, and cash flow analysis.

Ratio Analysis involves calculating financial ratios to evaluate a company's financial position. For example, analyzing Walmart's return on equity reveals the efficiency of its equity in generating profits.

Trend Analysis looks at financial statements over multiple periods to identify patterns. Walmart's multi-year revenue growth can offer insights into its sales direction.

Comparative Analysis compares a company's financial performance with its competitors. Comparing Walmart's debt-to-equity ratio with competitors reveals their respective debt and equity financing strategies.

Cash Flow Analysis reviews a company's cash flow statements to assess its cash generation capacity. Analyzing Walmart's operational cash flow is important in understanding its financing capacity.

These analyses are crucial, as they help assess a company's financial condition, guide it toward strategic decision-making, and show its potential future growth.