Financial Analysis Tools and Techniques, a business-focused revision of Erich Helfert's perennial college bestseller Techniques of Financial Analysis, is a quick, easy read for nonfinancial managers and an excellent refresher and reference for finance professionals. This practical, hands-on guide provides a new introductory chapter that gives context to today's valuation turmoil and helps professionals understand the economic drivers of a business and the importance of cash flow.
Financial Analysis Tools and Techniques, a business-focused revision of Erich Helfert's perennial college bestseller Techniques of Financial Analysis, is a quick, easy read for nonFinancial managers and an excellent refresher and reference for...
This volume is an adaptation for the professional market of the most recent 10th (“millennium”) edition of Dr. Helfert’s best-selling Techniques of Financial Analysis, which, with more than half a million copies in print over the past 38 years, has given the student, analyst, and business executive a concise, practical, usable, and up-to-date overview of key financial/economic analysis tools.
The term ìspreadsheetî covers a wide variety of elements useful for quantitative
analysis of all kinds. Essentially, a spreadsheet is a simple tool consisting of a
matrix of cells that can store numbers, text, or formulas. The spreadsheetís power
comes from its ability to recalculate results as you change the contents of other
cells. No longer does the user need to do these calculations by hand or on a
A native of the Sudetenland, formerly Austria, he received his BS from the
University of Nevada and earned both an MBA (with high distinction) and a DBA
(as a Ford Foundation Fellow) at the Harvard Business School. Dr. Helfert writes
and lectures extensively in his field, and his books and articles have been published
in the United States and abroad. His first literary work, Valley of the
Shadow, a factual historical novel about his experiences in central Europe at the
end of World War II, was published recently.......
“Erich Helfert’s book is a bona fide treasury for executives, managers, and entrepreneurs who need to understand financial management. I have used and recommended this great work in both corporate and university programs for more than ten years. Erich Helfert possesses unique abilities to make clear the arcane that frequently enshrouds topics of financial management.” Allen B. Barnes Past Provost IBM Advanced Business Institute (formerly Director of Executive Education, UCLA) “Erich Helfert’s book is a candidate for every consultant-to-management’s bookshelf.
CHAPTER 1 THE CHALLENGE OF FINANCIAL/ ECONOMIC DECISION-MAKING. As a way of introducing the range of analytical concepts and tools contained in this book, ưe’ll attempt to characterize some of the key attributes of the “new economy” phenomenon and draw conclusions about the implications for financial analysis.
Chapter 7 - Financial analysis techniques. This chapter describe tools and techniques used in financial analysis, including their uses and limitations; classify, calculate, and interpret activity, liquidity, solvency, profitability, and valuation ratios; describe relationships among ratios and evaluate a company using ratio analysis;…
CHAPTER 2 A SYSTEMS CONTEXT FOR FINANCIAL MANAGEMENT.Any business, large or small, is a system of financial relationships and cash flows, which are activated by management decisions—a key principle we established in Chapter 1.
CHAPTER 4 ASSESSMENT OF BUSINESS PERFORMANCE. When we wish to assess the performance of a business, we’re looking for ways to measure the financial and economic consequences of past management decisions that shaped investments, operations, and financing over time.
Financial Statement Analysis Tools
Describe what financial ratios are and who uses them. Define the five major categories of ratios (liquidity, efficiency, leverage, coverage, and profitability). Calculate the common ratios for any firm by using income statement and balance sheet
CHAPTER 6 DYNAMICS AND GROWTH OF THE BUSINESS SYSTEM. In Chapter 2 we characterized the business system as a dynamic growth model and described in broad terms the interrelationship of decisions, financial yardsticks, and management policies used in the pursuit of shareholder value creation.
CHAPTER 8 ANALYSIS OF INVESTMENT DECISIONS. The decision to invest resources is one of the key drivers of the business financial system, as we established in Chapter 2. Sound investments that implement well-founded strategies are essential to creating shareholder value
CHAPTER 5 PROJECTION OF FINANCIAL REQUIREMENTS. Up to this point, we’ve discussed appraisal of performance and management of operating funds in the context of past decisions involving investments, operations, and financing.
CHAPTER 10 ANALYSIS OF FINANCING CHOICES.Let’s now turn to analyzing the third aspect of the three-part decisional systems context introduced in Chapter 2: investment, operations, and financing. We’ll concentrate on the choices available in arranging a company’s long-term financing, while setting aside the incremental operational funds sources used routinely by companies in line with practices in a particular industry or service
COMMENTS ABOUT ERICH A. HELFERT AND THIS BOOK
“Erich Helfert’s book is a bona fide treasury for executives, managers, and entrepreneurs who need to understand financial management. I have used and recommended this great work in both corporate and university programs for more than ten years. Erich Helfert possesses unique abilities to make clear the arcane that frequently enshrouds topics of financial management.” Allen B.