With over 33,000 copies sold, Key Management Ratios is a market "classic". This new edition is re-packaged with a new jacket design to revitalise the Key Management brand and new two-colour internals make it more readable and visually appealing.
Key Management Ratiosis an antidote to any fear of finance. Drawing data from 200 companies worldwide, the book brings clarity and simplicity to its explanation of every measure and shows how they all link together to drive your business.
From cash flow and profit to ROI and ROTA, its unique approach remains as classic as ever, bringing a simple and visual understanding to a complex subject.
Ciaran Walsh is Senior Specialist Finance at the Irish Management Institute, Dublin. He is trained both as an economist and an accountant and had 15 years industry experience before joining the academic world. His work with senior managers over many years has enabled him to develop his own unique approach to training corporate finance. As a consequence, he has lectured in most European countries, and the Middle East. His main research interest is to identify and computerize the links that tie corporate growth and capital structure into stock market valuation.
Acknowledgements Foreword Key for symbols PART I FOUNDATIONS 1 Background 2 Financial statements 3 Balance sheet terms 4 Profit and loss account PART II OPERATING PERFORMANCE 5 Measures of performance 6 Operating performance 7 Performance drivers PART III CORPORATE LIQUIDITY 8 Cash flow cycle 9 Liquidity 10 Financial strength 11Cash flow PART IV DETERMINANTS OF CORPORATE VALUE 12 Corporate valuation 13 Financial leverage and corporate valuation 14 Growth PART V MANAGEMENT DECISION-MAKING 15 Cost, volume and price relationships 16 Investment ratios 17 Shareholder value added (SVA) 18 Acquisition analysis 19 Integrity of account statements Appendix 1: Special items Appendix 2: Companies used in the sample Appendix 3: Full set of ratio charts from sample companies Appendix 4: Discounting and compounding tables Glossary Index