Landrys Annual Report

The following report on Landrys Restaurants is for years ending 2002 and 2003 create periods. The report is to show certain ratios realted to Landrys business. The ratios that will be discussed in this report are Earnings per overlap, harvest-time on assets, curretn ratio, propagation entertain earned, assest turnover, debt to total assests , current cash debt insurance coverage, cash debt coverage and free cash flow. The first ratio looked at present is pelf per share or EPS. According to our textbook bedrock of Financial Accounting, 1e earnings per share indicates the amount of earnings generated for separately share of common memory board .(Philips, Libby, Libby 2005) The EPS ratio change magnitude in 2003 from 1.60 in 2002 to 1.66 in 2003. If you were to look at the critical breakdown of stockholders equity in the companys actual sleep sheet, you would gravel that the increase in stockholders equity was t he net go of a huge increase in retained earnings and a slight decrease in contributed capital. During 2003, Landrys bought back more shares than it issued, which sign with an increase in net income to bump EPS from $1.60 in 2002 to $1.66 in 2003 .

(Philips,Libby,Libby 2005) Return on Assest or ROA is an indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how sparing management is at using its assets to generate earnings. Calculated by dividing a companys Landrys Restaurants Page 3 annual earnings by its total assets, ROA is displayed as a percentage. Sometimes this is referred to as return! on coronation. (web article 2008) for Landrys 2003 was .041 and 2002 was .044. These were figured out by taking 2003 net income of 45,901,054 and dividing it by 2033 total assests of 1,102,785,506. Then 2002 was income of 41,521,616 and assets were 933,015,079. These percentages part us that 41% of the assest were turned...If you pauperization to get a ample essay, order it on our website: BestEssayCheap.com

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