Wednesday, May 6, 2020

Financial Analysis British Petroleum (Bp) Till 2006

Financial Statement Analysis: A company s financial statements and ratios are good indicators of its performance over the years. This report specifically compares the ratios for 2004 and 2005, with some additional insight into 2003, 2002, and 2001. The current ratio has increased by 0.0534 from 0.9900 to 1.434. As the current ratio is a measure of liquidity and ability to meet short-term debt requirements, BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were 1.0767, 0.9733, and 0.9600 respectively. In 2001, 2002, and 2004, BP s current liabilities were greater than current assets, indicating that BP may have faced some difficulty in meeting short-term debt†¦show more content†¦A decrease in TAT is a negative sign as it means that assets are turning over into revenues at a slower rate. The industry average for TAT is considerably higher than that of BP, 1.7. This shows that the industry is doing a better job than BP of turning assets into revenue. BPs debt ratio in 2005 decreased by 0.0196, from 0.6129 in 2004. The debt ratio indicates how reliant the company is on debt financing of assets. A decrease in debt ratio is good because it shows that the company is becoming less reliant on debt as a source of asset financing. The general trend has been up for BP s debt ratio, showing an increase reliance on debt to finance activities. This can be good for stockholders because it gives them more leverage by magnifying expected earnings. Also, debt for a company is not always negative, if it is being used to further develop the companies profitability prospects, it can be positive. The times interest earned (TIE) ratio has increased by 18.4476 for BP. TIE shows how much of a company s earnings are available to make interest payments. A high TIE ratio shows that the company can afford to make interest payments at the going interest rate. A low TIE ratio shows that the company will not react well to increasing interest rates. Over the past 3 years, the TIE ratio has increased from 22.3866 in 2003, to 38.7617 in 2004, and finally to 57.2093 in 2005. The industry average for TIE ratios is 30.23 inShow MoreRelatedBp Case Study5851 Words   |  24 PagesIntroduction This is a research analysis report on BP Connect Convenience Stores’ Supply Chain Management Process using appropriate analysis models, and identification of key issues operations management issues within the organisation. This report has identified strategic fit between the organisation’s current portfolio processes and systems. The overall process flow of the supply chain has been identified and described in details by using appropriate operation management theories and organisation’sRead MoreBritish Petroleum (Bp) Case Study Essay5543 Words   |  23 PagesBritish Petroleum (BP) Case Study Executive Summary This case study report examined a public relation management problem that British Petroleum (BP) faced since the oil spill accident happened in April, 2010. In addition, this thesis recommended possible solutions and implementation plans for BP to deal with the public crisis. On April 20, the explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico led to the largest accidental release of oil into marine waters in history. As aRead MoreBp s Environmental Report On An Investment Assessment Report2811 Words   |  12 PagesProject description BP also known as British Petroleum is one of Britain’s largest multinational oil and gas company. This company was founded in the early 1900s and now serves a worldwide service as the sixth-largest energy company in the world in 2012, measured by revenue. Therefore, it is no secret that BP has integrated many aspects of the energy sector into it company such as; trading, refining, production, distribution and marketing etc. In this report, I will analysis BP’s environmental reportRead MoreCompany Valuation Report for Bp20320 Words   |  82 PagesCompany Valuation Report BAFI 1045 Investment Group Assignment | Company Valuation Report | BP 2 Executive Summary BP p.l.c. is an energy company with an upstream business of extracting crude oil and downstream business of providing processed energy to companies. It is listed in both the New York Stock Exchange (NYSE) based in the United States of America and the London Stock Exchange (LSE). BP is based in London and they carry out oil prospecting extraction and retail its product in moreRead MoreValuation of Integrated Oil Gas Companies Msc Thesis33042 Words   |  133 PagesMSc Thesis: Valuation of Integrated Oil Gas Companies Irakli Menabde Valuation of Integrated Oil Gas Companies A comparative analysis of methodologies and empirical practices MSc Thesis MSc in International Business and Economics: Cand. Merc Finance and Strategic Management (FSM) Copenhagen Business School Date 09/10/2008 Author: Irakli Menabde MSc Thesis: Valuation of Integrated Oil Gas Companies Irakli Menabde Abstract The paper examines a number of empiricallyRead MoreIpma Level B Report5084 Words   |  21 PagesPage 2 of 16 FULL SURFACE FIRE FIGHTING FACILITIES PROJECT AT DAS ISLAND Revision 0 June 2006 PROJECT REPORT TABLE OF CONTENTS Section 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 Description / Title Introduction Definitions and Salient Points Employer’s Background Project Background Project Context and Scope of Work Project Objectives Project Organization Project Complexity and Interfaces Project Risks Project Management Challenges Role and Responsibilities of the Project ManagerRead MoreIpma Level B Report5099 Words   |  21 PagesPage 2 of 16 FULL SURFACE FIRE FIGHTING FACILITIES PROJECT AT DAS ISLAND Revision 0 June 2006 PROJECT REPORT TABLE OF CONTENTS Section 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 Description / Title Introduction Definitions and Salient Points Employer’s Background Project Background Project Context and Scope of Work Project Objectives Project Organization Project Complexity and Interfaces Project Risks Project Management Challenges Role and Responsibilities of the ProjectRead MoreStabilisation in Investment Contracts and Changes of Rules in Host Countries: Tools for Oil Gas Investors34943 Words   |  140 PagesAssociation of International Petroleum Negotiators (AIPN) Stabilisation in Investment Contracts and Changes of Rules in Host Countries: Tools for Oil Gas Investors Peter D Cameron ACIArb PhD (University of Edinburgh), LLB (Joint Honours) (University of Edinburgh) Professor of International Energy Law and Policy CEPMLP, University of Dundee, UK p.d.cameron@dundee.ac.uk FINAL REPORT 5 July 2006  © Copyright Peter D Cameron PDCameron/AIPN/Final Report. 5 July 2006 Table of Contents Read MoreA Report on â€Å"a Study on Private Equity in India and Analysis on a Study on Private Equity Investments†7035 Words   |  29 Pages ANALYSIS ON PRIVATE EQUITY INVESTMENTS† SUBMITTED BY SUBHASH KONA ROLL NO: 10138 Date: 9th October 2010 A REPORT ON â€Å"A STUDY ON PRIVATE EQUITY IN INDIA AND ANALYSIS ON Read MoreBusiness Ethics9512 Words   |  39 Pageswith a particular concept on Business ethics which is followed by a particular piece of evidence in the form of case study, picture, video ,news article and so on. After reading the concepts and cases, the chapter ends with a reflection and critical analysis and is written under the heading my observation and summary. Since my report contains a number of cases based on the business ethics concepts, I would like to call my work with a title: â€Å"Concept and Cases†. CONCEPT AND CASES CHAPTERS 1. Introduction

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.