1. Business Overview - GWA Group Limited
The following analysis is a general comparison of the company's performance over the 2013 and 2014 financial years. ... Dividend cover ratio (basic) has risen to 1.1 times from 0.88 in 2013 and this can be explained by the reduction of dividend per ordinary shares of 5.5 cents compared to 12 cents in the previous year. The net tangible asset backing which shows the value of ordinary shares based on net tangible assets has fallen from $1.40 in 2013 to $1.38 in 2014. ... Having presented the ratios, it must be re-iterated that financial statement analysis are inherently problematic because...
- Word Count: 1487
- Approx Pages: 6
- Grade Level: Undergraduate