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What is financial analysis?
§ Horizontal analysis Trend analysis, comparison of business performance over time § Vertical analysis Also called common-size analysis, presents each financial statement line item as a percentage of the total § Ratio analysis Where most key performance indicators are derived, evaluates relationship between financial components
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Horizontal analysis – statement of net position
Casino ABC
December 31,
December 31,
2024
2023
$ Change
% Change
Assets Current Assets Cash and cash equivalents
$ 28,625,000
$
25,653,000 369,000 1,395,000 260,000 1,219,000 28,896,000
$ 2,972,000
12% 64% 20% -11% 67% 15%
Accounts Receivable
606,000 1,672,000
237,000 277,000 (29,000) 821,000 4,278,000
Inventories
Due from Tribe Prepaid expenses Total current assets Non-current assets Capital assets, net Restricted cash
231,000
2,040,000 33,174,000
204,767,000 13,200,000 217,967,000
214,686,000 21,987,000 236,673,000
(9,919,000) (8,787,000) (18,706,000)
-5%
-40%
Total non-current assets
-8%
Total Assets
$ 251,141,000
$ 265,569,000
(14,428,000)
-5%
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