Financial Performance Analysis of McCormick (U.S) and

Financial Performance Analysis of McCormick (U.S) and Kerry Group (Ireland) Individual Assignment Executive summary This assignment outlines the financial performance of two companies McCormick (U.S) and Kerry Group (Ireland).To analyse I took recent financial statements of both the companies (2010-2013). The performance of the company is determined by finding the following answers to the questions. A. Are the companies adequately profitable and which is more profitable? B. Are the companies liquid and which company is more liquid? a. Generating enough cash b. Carrying enough cash C. Do the companies have†¦show more content†¦McCormick (U.S) McCormick is the American food company that manufactures spices, herbs, and flavourings for retail, commercial and industrial markets. This company was begun in 1889 in Baltimore, Maryland, United states. The company has approximately 8,000 employees. Business units of McCormick are United States consumer products, food service, Industrial flavour solutions, sup herb farms and Zatarains. Zatarains brand includes rice and dinner mixes, products to prepared and season seafood and other items. Yahoo 2013 reported McCormick has $9.4 billion market capitalization, about 3% of the total industry (Yahoo, 2013). According to the industry website, total market capitalization is $295 billion with an average net profit margin of 3.2%. Both the companies are involved in producing spices and belong to food industry. The food industry is highly maintained and controlled in both U.S and Ireland. Overall both the companies are in the top ten rankings of their respective sub-industries. In addition, both the companies have the abilities to compete in the global food industry. Both the companies have large market capitalisation presents that they are able to impact the industry, and allow them to set prices among spices and food ingredients. Financial performance analysis Generally to compare the financial performance of McCormick and Kerry group financial ratios are used. Financial ratios are generally ofShow MoreRelatedBerkshire Hathaway1922 Words   |  8 PagesHathaway Inc., 2009). Most investors get normal returns and believe the market is in semi strong form. However Buffett believes the market is inefficient and acts on his own investment philosophy. This report will analysis BH’s acquisition of PacifiCorp, evaluate Buffett’s performance against EMH and discuss his ethical standards. Berkshire Hathaway Ltd. VS Scottish Power Plc. After the acquisition was announced, BH Ltd. and Scottish Power Plc. both experienced price ran up. 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