Evaluation of credit rating Memorandum: Credit Rating assignment: Home Depot‚ Inc. After analysing the financial statements of Home Depot‚ we have allocated a “C” rating of credit risk. The proposal is to start with the “C” rating and then to either upgrade to a “B” rating or to be down graded to a “D” rating. The reason for such a decision is discussed below. Home Depot has a current ratio of 1.19 to 1 which means that it’s current assets covers it’s current liabilities by 1.19 times.
Premium Generally Accepted Accounting Principles Revenue Financial ratio
Home Depot Case Study Fabian Gonzalez Great Basin College Line and staff relationships consist of two types of authorities that work hand in hand in order for a company to work in an efficient manner. Line authority deals with the ability to make decisions over production‚ sales‚ or finance‚ while staff authority deals with the assisting of those who have line authority‚ by helping with the performance expected by workers (Certo). In the Home Depot case‚ the
Premium Management The Authority The Home Depot
such as Home Depot‚ is a direct relationship between their fixed and variable costs. Apparently‚ Home Depot was taking advantage of their operating leverage in the years prior to 2006 and found this approach to be profitable. In fact‚ it appears they were gambling with the fact of whether the market was in a lull and would recover. Based upon their decline in 2007‚ they had underestimated the market. A major activity of management is to plan and control costs of the firm. Assuming‚ Home Depot
Premium
The Home Depot Case Analysis "The Home Depot NYSE: HD‚ headquartered in Vinings‚ Georgia‚ is a home improvement retailer that aims for both the do-it-yourself consumer and the professional in home improvement and construction. It is the second largest retailer in the United States‚ behind Wal-Mart; and the third largest retailer in the world‚ behind Wal-Mart and French company Carrefour. The Home Depot operates about 1‚900 stores across North America. The company operates stores in the United States
Premium Lowe's Home improvement The Home Depot
.............................................................................................3 History of Home Depot…………………………………………………………………………....4 Business risks related to capital structure…………………………………………………………5 Financial risk related to capital structure………………………………………………………….5 Home Depots Financial Status………….…………………………………………………............6 Future and Flexibility of Home Depot….…………………………………………………………7 Conclusion………………………………………………………………………………………...8 References…………………………………………………………………………………………9
Premium Finance Bank Investment
The Home Depot‚ Incorporated. Internal Environment Home Depot is a large-scale home improvement retail store. The company was founded by Bernard Marcus‚ Arthur Blank (CEO)‚ and Kenneth G. Lagone in Atlanta‚ GA during 1979. Funding for this company came from an investment firm Invemed of New York among several other private investors. Within the next eleven years HD started its horizontal growth by expanding to Florida in 1981. After growth into multiple U.S. states‚ founders Marcus‚ Blank‚ and
Premium The Home Depot Retailing
Financial Analysis of Home Depot For Fiscal Year Ending February 3‚ 2008 Presented by: Team FAB 5 Financial Analysis of Home Depot Introduction Founded in 1978 by Arthur Banks and Bernie Marcus‚ who were both fired from a local hardware store after a disagreement with their supervisor (http://founderbios.com/bernie-marcus.php)‚ Home Depot opened its first store in Atlanta‚ Georgia on June 22‚ 1979 (www.corporate.homedepot.com)
Premium Generally Accepted Accounting Principles Balance sheet Financial ratios
Strengths Home Depot has many competitive strengths that make them a very difficult company to compete against. Home Depot’s strengths include: • Business model • Well known brand name • Extensive product offerings • Ability to grow Home Depot’s business model‚ the first of its kind in the home improvement industry has revolutionized the way customers shop for home improvement products. Their business model is simple. Sell home improvement products and services to DIY‚ BIY‚ and professional
Premium Lowe's The Home Depot Customer service
Home Depot vs. Lowe’s Financial Analysis And Comparison AIM 6344 Group Members Cenk Tolunay Yan Wang Hong Ma Yuhong Zhang 1) Background 1.1 The Home Depot The Company was founded in 1978 in Atlanta‚ Georgia and has since become the world’s largest home improvement retailer‚ operating more than 1‚500 stores (Home Depot‚ EXPO‚ and other subsidiary companies) across North America. Home Depot caters to both do-it-yourselfers and professional customers who serve the home improvement construction
Premium Financial ratios Balance sheet Financial ratio
Home Depot is one of the largest home repair retailers in my area. I will highlight their 2015 financial statement‚ and give examples of how the statement could be useful to their business leaders‚ as well as outside venders. 2015 financial highlights. (n.d.). In fiscal year 2015‚ we grew sales for the sixth consecutive year‚ with positive sales growth in all three U.S. Divisions‚ Canada and Mexico. Comparable store sales were up 5.6 percent; total sales were up 6.4 percent; and diluted earnings
Premium Balance sheet Generally Accepted Accounting Principles Income statement