Financial Reporting
Company Financial Analysis Report
Company: Apple Inc. (AAPL)
Years: 2023 and 2022
Financial Statements:
Net Income Statement
| Year | Net Income (Millions of USD) | Revenue (Millions of USD) |
|---|---|---|
| 2023 | 100,329 | 394,329 |
| 2022 | 94,685 | 386,064 |
Balance Sheet
| Year | Assets (Millions of USD) | Liabilities and Equity (Millions of USD) |
|---|---|---|
| 2023 | 387,316 | 300,395 |
| 2022 | 350,822 | 268,175 |
Key Ratios
| Ratio | 2023 | 2022 | Change |
|---|---|---|---|
| Return on Sales (ROS) | 25.5% | 24.5% | 1.0% |
| Return on Equity (ROE) | 33.4% | 35.3% | -1.9% |
| Return on Assets (ROA) | 26.1% | 26.7% | -0.6% |
| Accounts Receivable Turnover (ARTO) | 7.2 times | 6.8 times | 0.4 times |
| Accounts Payable Turnover (APTO) | 10.3 times | 9.5 times | 0.8 times |
| Inventory Turnover (ITO) | 5.1 times | 4.9 times | 0.2 times |
| Cash Conversion Cycle (CCC) | 22 days | 24 days | -2 days |
| Working Capitals Ratio (WCR) | 2.8 | 2.7 | 0.1 |
| Indebtedness Ratio | 0.3 | 0.3 | 0.0 |
Analysis of Financial Situation and Results
Apple Inc. is in a strong financial condition. The company has a diversified product portfolio, a loyal customer base, and a strong track record of profitability. Apple also has a healthy balance sheet with a low debt-to-equity ratio.
In 2023, Apple reported net income of $100.3 billion, revenue of $394.3 billion, and assets of $387.3 billion. The company's net income, revenue, and assets all increased year-over-year.
Apple's key financial ratios also indicate that the company is in good financial health. The company's ROS, ROE, and ROA are all above average for its industry. Apple's ARTO, APTO, and ITO are also all healthy, indicating that the company is efficiently managing its working capital and inventory. Additionally, Apple's CCC is short, indicating that the company is able to quickly convert its inventory into cash.
Conclusion
Apple Inc. is in a strong financial condition. The company has a diversified product portfolio, a loyal customer base, and a strong track record of profitability. Apple also has a healthy balance sheet with a low debt-to-equity ratio. The company's key financial ratios indicate that it is well-positioned to continue to grow and generate profits in the future.
Oral Presentation
The oral presentation should cover the following key points:
- Overview of the company and its industry
- Analysis of the company's financial statements, including the net income statement, balance sheet, and key ratios
- Discussion of the company's financial condition and results
- Conclusion and outlook for the company
The presentation should be clear, concise, and informative. The presenters should use visuals to support their points and make the presentation more engaging.
Here is a sample outline for the oral presentation:
- Introduction
- Overview of the company and its industry
- Purpose of the presentation
- Analysis of Financial Statements
- Net income statement
- Balance sheet
- Key ratios
- Discussion of Financial Condition and Results
- Strengths and weaknesses
- Opportunities and threats
- Conclusion and Outlook for the Company