Some ideas for dashboards:
EA As of 4_21_08:
Last Trade: 52.06
Day's Range: 51.36-52.37
Previous Close: 52.01
Total Revenue: 1502000000
Operating Income or Loss: 7000000
Total Current Assets: 3597000000
Total Current Liabilities: 1026000000
Net Income: 76000000
Tuesday, April 22, 2008
Wednesday, April 9, 2008
Secret History of the Credit Card
The video that covers the secret history of Credit Cards is very interesting. It relates to other videos that we have covered and watched in class. It talked about how people found loop holes in the system and how they were able to make it last for a long time before other people saw what was happening.
Being an owner of a credit card, it really made me think about reading the original contract that I received when I first signed up for my card. But I do remember skipping over all of the contracts, since I didn't understand what they said. Though this is a little concerning about how a company can raise your rates, if they find out that you are running late with other companies. That information is really concerning, since where will it end. Does that mean that everyone that you are paying will end up taking advantage of you?
Another concerning part of the video was the fact that 7 million people file for bankruptcy in the past 5 years (though I know the video was a little old). That is more than 1 million people a year, and that turns out to be almost 5% of everyone that has a card (154 million have cards).
Frontline does a terrific job of covering issues, and reporting them so people can understand what is going on. I really enjoy learning about issues, and loop holes in our systems that I wasn't aware about.
Being an owner of a credit card, it really made me think about reading the original contract that I received when I first signed up for my card. But I do remember skipping over all of the contracts, since I didn't understand what they said. Though this is a little concerning about how a company can raise your rates, if they find out that you are running late with other companies. That information is really concerning, since where will it end. Does that mean that everyone that you are paying will end up taking advantage of you?
Another concerning part of the video was the fact that 7 million people file for bankruptcy in the past 5 years (though I know the video was a little old). That is more than 1 million people a year, and that turns out to be almost 5% of everyone that has a card (154 million have cards).
Frontline does a terrific job of covering issues, and reporting them so people can understand what is going on. I really enjoy learning about issues, and loop holes in our systems that I wasn't aware about.
Tuesday, April 1, 2008
Ratios:
Two competitors that I am using for this assignment are Electronic Arts (EA) and THQ. They are both publishers for video games. Currently EA is the largest publisher in the world.
THQ Balance Sheet
All of these values that are displayed are in thousands unless noted otherwise.
EA:
Current Ratio:
Assets / Liabilities
5146000 / 1114000 = 4.62
There are $4.62 of current assets available to meet each $1 of currently maturing obligations.
Debt to Capital:
Current Liabilities + long – term liabilities / Capital + Total Liabilities
1026000 + 88000 / 4032000 + 88000 = 0.270 = 27% of assets are financed by creditors.
Gross Profit:
Gross Profit / Net Revenues
1879000 / 3091000 = 0.608 = 61% of sales.
Profit to Sales:
Income / Net Revenues
39000 / 3091000 = 0.012 = 1%
Market to Book: (not in thousands)
Market Capitalization / Shareholder Equity
16450000000 / 4303000000 = 3.823
THQ:
Current Ratio:
Assets / Liabilities
1013541 / 244584 = 4.14
There are $4.14 of current assets available to meet each $1 of currently maturing obligations.
Debt to Capital:
Current Liabilities + long – term liabilities / Capital + Total Liabilities
303476 + 39979 / 774828 + 39979 = 0.667 = 67% of assets are financed by creditors
Gross Profit:
Gross Profit / Net Revenues
393682 / 1026856 = 0.383 = 38% of sales.
Profit to Sales:
Income / Net Revenues
78206 / 1026856 = 0.076 = 7%
Market to Book: (not in thousands)
Market Capitalization / Shareholder Equity
1490000000 / 774828000 = 1.923
Startup.com
Here is my thoughts about the video that we watched while in class.
One of the very interesting things of the video Startup.com was the whole idea of friendship. There were two people that were very close friends, however their friendship was stretched to the very limits. At first it seemed that everything was going good, however once there were some money issues with the company, their friendship changed.
I know that it is one of the things that happens in every relationship, but it seemed to me that it was more vicious. It seemed that once their relationship changed, it was the entire company that was affected.
Another big thing was that the two people involved Kaleil and Tom both parted ways, but they also started a new company after govworks.com. It seems like they must have worked out what each person was going to be doing and discuss all of the companies decisions.
Kaleil I think was the one that was really interested in running the company even without talking with Tom, who was the second CEO. To me I think that communication was very broken and it affected the entire company. If communication was made about all decisions I think it would have been better and govworks.com could be around today.
Also it seemed that no one was taking charge of why the company was failing. It seemed to me that Kaleil was trying to point the finger elsewhere which lead to the problem. This includes letting Tom go and forcing him out of the company.
One of the very interesting things of the video Startup.com was the whole idea of friendship. There were two people that were very close friends, however their friendship was stretched to the very limits. At first it seemed that everything was going good, however once there were some money issues with the company, their friendship changed.
I know that it is one of the things that happens in every relationship, but it seemed to me that it was more vicious. It seemed that once their relationship changed, it was the entire company that was affected.
Another big thing was that the two people involved Kaleil and Tom both parted ways, but they also started a new company after govworks.com. It seems like they must have worked out what each person was going to be doing and discuss all of the companies decisions.
Kaleil I think was the one that was really interested in running the company even without talking with Tom, who was the second CEO. To me I think that communication was very broken and it affected the entire company. If communication was made about all decisions I think it would have been better and govworks.com could be around today.
Also it seemed that no one was taking charge of why the company was failing. It seemed to me that Kaleil was trying to point the finger elsewhere which lead to the problem. This includes letting Tom go and forcing him out of the company.
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