Interpreting Financial Results
Cesar L. Lebron Rodriguez University of Phoenix
FIN/571
3/11/2015 Prof. Eric Ramos

Interpreting Financial Report
“The purpose of this review is to analyze the financial results of a multinational corporation. The analysis compared financial statements for the past three years (2014 thru 2011). The multinational corporation selected was Haemonetics Corporation. Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Braintree, Massachusetts by Dr. Jack Latham in the 1970s. Today, the company has expanded and has offices located in 16 countries.” “For company financial statement analysis , Google Finance website was used to gather 2011thru 2014 financial data. The financial metrics evaluated were the following: Liquidity Ratio, Capital Structure Ratio, Asset Management Efficiency Ratio, Profitability Ratios and Market Value Ratio. Not all financial ratios was calculated or considered. At least one (1) ratio was used within each financial metrics to understand and compared Haemonetic Corporation financial performance.”
Table 1, showed the results per different financial ratios

Liquidity Ratio
“Current ratio is the comparison of organizations current assets to its current liabilities. The current ratio indicated the organization ability to meet short-term debt obligations. The industry acceptable standard is between 1 to 1.5. Haemonetic current ratio was 4.13 in 2011, reducing to 2.87 in 2014. According to the result Haemonetic might not be using its current assets efficiently.”
“Acid Test measures the ability of a company to use its near cash or quick asses to retire its current