Interpreting Financial Results Essay
Interpreting Financial Results
Target’s mission is for their customer to except the most out of them and to pay less for their products. They plan to achieve this by delivering outstanding values, continuous innovation and exceptional guest experiences. As I have research and interpret Target’s Financial Results, I was able to identify some trends they have experiences within the last three years. When it comes to Targets Liquidity Ratio, the pattern shows that from 2011 to 2013 they start up went down and slowly went back up. As for their Efficiency Ratio the trend identifies that from 2011 to 2013 they were still starting high then dropping low and slowly coming back up. Now when it comes to the Leverage Ratio Targets has continuous increase for 2011 to 2013 with just a little decrease in some areas and this also goes for the Profitability Ratio, Market Value Indicator soon. I also had the opportunity to compare the financial results of Target with their benchmarking company Walmart. Once I review Walmart’s financial results, I saw some of the same trends target had. I also notice that Walmart has a lot more revenue being generated then what Target does. I have attached a financial ratio sheet which will also confirm and identify the trends of both Target and Walmart.