Thanks for purchasing my Financial Report. In this report, written by myself, Paul Borosky, MBA., Doctoral Candidate, and published author, you will find:
- Summarized income statement for the last 5 years.
- Summarized balance sheet for the last 5 years.
- Summary analysis by myself of the important income statement, balance sheet, and financial ratio trends and other happenings.
- Five year’s worth of over twenty common financial ratios presented with formulas, calculations, and analysis tips for each ratio.
- Line by line description, explanation, and analysis tip for most financial statement line items and financial ratios.
- Professional financial analysis tips are provided in each section to help YOU conduct your OWN financial analysis!
- Each section includes an “in other words” segment. This is where I use plain English to explain concepts.
Enjoy the report!
McDonald’s Financial Report and Analysis 2020: Financial Statements & Financial Ratios Defined, Discussed, and Calculated (5 Years).
Table of Contents
- Disclaimer 3
- Forward 4
- Company Summary 6
- Financial Statement Introduction 9
- Income Statement 10
- McDonald’s Income Statement – Summary Analysis 11
- Income Statement Discussion 12
- Balance Sheet 20
- Balance Sheet – Summary Analysis 21
- Balance Sheet Discussion 22
- Financial Ratios 37
- Liquidity Ratios 38
- Liquidity Ratios – Summary Analysis 38
- Liquidity Ratios Discussion 39
- Current Ratio 39
- Quick Ratio 39
- Cash Ratio 40
- Other Liquidity Ratios 41
- Net Operating Working Capital 41
- Asset Ratios 43
- Asset Utilization Ratios – Summary Analysis 44
- Asset Utilization Ratios Discussion 44
- Total Asset Turnover 44
- Fixed Asset Turnover 45
- Days Sales Outstanding 46
- Inventory Turnover 47
- Accounts Receivable Turnover 48
- Accounts Payable Turnover 48
- Other Asset Ratio Calculations 49
- Working Capital Turnover 49
- Average Days in Inventory 50
- Average Days Payable 50
- Profitability Ratios 51
- Profitability Ratios – Summary Analysis 51
- Profitability Ratios Discussion 52
- Return on Assets (ROA) 52
- Return on Equity (ROE) 53
- Profit Margin 54
- Gross Profit Margin 55
- Operating Profit Margin 56
- Basic Earnings Power 56
- ROCE 57
- Capital Employed 57
- Debt Ratios 58
- McDonald’s Debt Ratios – Summary Analysis 58
- Debt Ratios Discussion 59
- Long-Term Debt Ratio 59
- Debt to Equity Ratio 59
- Times Interest Earned 60
- WACC 62
- Book Value of WACC 62