MGT521
November 14, 2011
Business Analysis Part II
Introduction
This paper provide provide a review of Motorola Mobility Inc.s (MMI) fiscal statements to determine the financial health of the company. MMIs financial health exit be compared to that of Nokia and Research in Motion (lip), two companies at heart the large-cap range ($5 - $50B). A bench marking analysis will all overly be performed, using Apple as the benchmark for it products, processes, and best practices.
Financials
Income Statement - A review of MMIs income statement reveals that it has been run at a net loss for the last tether quarters, from a net loss of eighty one trillion dollars for the quarter ending April 2, 2011, to a thirty two zillion dollar loss for the quarter ending in October 1, 2011. plot it is operating at a loss, the amount of the loss has diminish the last three quarters, while revenues have been relatively flat, indicating that MMI is sorrowful toward reducing their expenses, and may look to operate at a profit for the fourth quarter of 2011. Comparatively, Nokia has also been operating at a loss for the 2nd and 3rd quarters of 2011, and line has been averaging $722M in profit over the last five quarters. RIM however has had a decline in total revenue, from $5.
4B for the stopover November 27, 2010 to $4.2B for the period August 27, 2011.
Balance Sheet - MMIs balance tag reveals the company has almost nine and a half(prenominal) billion dollars in total assets, with almost four and a half billion in cash and hapless term investments. The concomitant that MMI has access to that much cash is a good shorten of its financial health. It has a debt to assets ratio of less than 1%. It also has almost five billion dollars in equity, which is also considered a companys net worth (Nickels, McHugh, & McHugh, 2010). This is a good gull that the company is in a strong financial position.
Nokia has over รข‚¬36B in assets, with eleven billion euros in cash and short term...If you want to get a full essay, order it on our website: Ordercustompaper.com
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