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Tfs Corporation Ltd Financial Analysis Report

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Submitted By xp4me
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TFS Corporation Ltd

2013

Financial Analysis Report

Executive summary:
This report will comment on the profitability, efficiency, market values and the short and long term financial stability of TFS Corporation LTD. The analysis will be conducted using consolidated statements of comprehensive income, financial position, changes in equity, cash flow and historical statistics to provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of TFS Corporation LTD. These resources are obtained from the TFS Corporation’s annual reports of 2012 and 2013. Financial ratios and balance sheet comparisons will be used to assist with the evaluation of the company. Methods of analysis will include profitability ratios, efficiency ratios, short and long term solvency ratios and market based ratios, these calculations can be found in the appendix. Results of data analysed show that all ratios are above averages. It has had a very profitable year with high return ratios. It has shown very strong growth in all aspects namely in the net profit and revenue arenas. The only issues TFS Corporation LTD must address are the issues to do with current and total liability, as they have reduced its ability to cope with the short and long term solvency, but regardless the company is still in a very strong position.

Introduction:
TFS Corporation LTD is a Western Australian company listed on the Australian Securities Exchange under the ASX Code: TFC. It owns and manages 9,000 hectares of Indian sandalwood plantations in the tropical north of Australia, and its obligations include Plantation Management, Finance, Agriculture and Sandalwood Product manufacture and distribution. The TFS Corporation has been involved in the cultivation of Indian Sandalwood and the distillation of WA Sandalwood oils

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