Assignment:
Go to Morningstar.com and download the JP Morgan Chase Balance Sheet, Income Statement, and Key Ratios. http://financials.morningstar.com/ratios/r.html?t=JPM®ion=usa&culture=en-US
Using the information from the link given above and the information you obtained last week, complete the Ratio Analysis case study report of JP Morgan Chase. Template of the case study report attached here.
Note that your Ratio Analysis should include ratios for the years 2016 and 2017 and should include comparisons between your chosen company and one of its competitors.
Organize your ratio analysis per the following outline:
Liquidity
Current ratio
Quick ratio
Comments on liquidity
Asset management
Total Asset turnover
Average collection period (ACP)
Comments on asset management
Debt management
Debt ratio
Times interest earned
Comments on debt management
Profitability
Net profit margin
Return on Assets (ROA)
Return on Equity (ROE)
Extended Du Pont equation
Comments on profitability to include your comments on the sources of ROE revealed by the Du Pont equation
Market value ratios
PE ratio
Market to book ratio
Comments on the market value ratios
Conclusions and Recommendations
Summarize your analysis of report. Review your comments in the financial analysis section and provide your assessment of the overall status of the firm. Include any recommendations you think are appropriate.
List any other recommendations you have for the firm in view of your analysis.