Steel company analysis
Member rating: No Rating | Words: 10000 | Submitted: Thu Mar 06 2008
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
United States Steel Corporation vs. AK Steel Holding Company The University of Findlay Financial Reporting and Statement Analysis Professor Barbara Blake MBA 680 N4 Table of Contents 1. Introduction..................................................................................3 2. Executive summary.........................................................................3 3. US Steel Background.......................................................................5 4. US Steel 5 Year Stock History............................................................6 5. AK Steel Background.......................................................................7 6. AK Steel Year Stock History..............................................................7 7. Financial Analysis of US Steel............................................................8 8. Financial Analysis of AK Steel..........................................................11 9. Ratio Analysis * Liquidity 1. Current Ratio..............................................................15 2. Acid Test..................................................................15 3. Operating Cycle..........................................................16 * Solvency 1. Total Debt Ratio..........................................................17 2. Total Debt to Equity Ratio..............................................17 3. Long Term Debt to Equity Ratio.......................................18 * Profitability 1. Gross Profit Margin......................................................19 2. Net Operating Profit Margin............................................19 3. Earnings per Share (basic)..............................................20 4. Book Value per Share...................................................20 * Asset Utilization 1. Net Operating Asset Turnover..........................................21 2. Net Operating Working Capital Turnover............................21 3. Days' Sales in Inventory................................................22 4. Accounts Payable Turnover.............................................22 * Return on Invested capital 1. Return on Net Operating Assets (RNOA)............................23 2. Dividend Payout Rate...................................................23 * Financial Market 1. Price to Book.............................................................24 2. Dividend Yield...........................................................24 10. Comparative Analysis of Industry Information.......................................25 11. Common size analysis.....................................................................29 12. Conclusions.................................................................................30 13. Appendix.....................................................................................32 Introduction The purpose of this paper is to provide a...


