This website uses cookies to ensure you have the best experience. Learn more

The Cellar Door Restaurant: Financial Statement Analysis.

1553 words - 6 pages

I. Executive SummaryBy analyzing three years' financial statement of Cellar Door Restaurant Pty Ltd. including Balance sheets, income statements and cash flow to evaluate the company financial status. To avoid subjective point of view, this essay will respectively evaluate the company's performance and outlook from the perspective of a long-term lender, management based and trade creditor based using the Trend Analysis, Vertical analysis and important financial ratios.II . IntroductionTo better understand the business condition of Cellar Door Restaurant , It's needed to analyse the financial statement of three years by Finance structure, profitability, solvency and asset liquidity to know more about operation scale, ability of management and know which point should be improved as well as benefit to the stockholder .III Company, Industry, and Economic EnvironmentA . Description of company and managementThe Cellar Door Restaurant is a mid-sized restaurant located in a former mill, close to the edge of town in the wine district and is closely aligned with one of the wineries in the area. It is family-owned and has been in operation for seven years. The Cellar Door Restaurant, is primary a cash business. The much heftier make-up on alcohol is a crucial source of income. Another important source of income is special functions such as weddings and group dinners.In 2002-03 sales of Australian wine totalled approximately 919 million litres, with 402.5 million litres sold domestically and 516.5 million litres exported. Australian wine exports were worth over A$2.4 billion, an increase of 14.9 per cent from 2001-02. The principal destinations were the United Kingdom, the United States, New Zealand, Canada and Germany. Australia's largest wine export market in 2002-03 was the United Kingdom (209 million litres worth A$860 million), closely followed by the United States of America (142 million litres worth A$828 million). Wine production is a significant industry in Australia. It directly employs 30 000 people in both winemaking and grape growing (2001 Census), with further related employment in the retail, wholesale and hospitability industries. Tourism adds another dimension to wine's importance. International and domestic tourism related to the wine industry accounts for an important share of Australia's export earnings, employment and taxation income.Source: Australia Government, Department Of Foreign Affairs And TradeC. Economic situation and outlookAustralia's wine industry has won an international reputation for quality and value. Australian wines have won many key international awards, competing favourably against longer- established national wine industries. Innovative Australian winemakers are sought internationally for their expertise.Australia was ranked fifth on the United Nations Food and Agriculture Organisation's list of world wine producers in 2002, producing 1220 million litres. In 2000 the Australian wine industry developed a 10-year...

Find Another Essay On The Cellar Door Restaurant: Financial Statement Analysis.

Financial Statement analysis of mehmod textile mills

5707 words - 23 pages decrease up to 1.24% due to decrease quick assets. It means company need to improve its ability to meet immediate debt.Vertical analysis is used to evaluate the relationships within single financial statements. Essentially, the appropriate total figure in the financial statements is set to 100% and other items are expressed as a percentage of that figure.Balance SheetAssetsNon-Current Assets : 2012 2011 2010 2009 2008Property, plant &amp

An Analysis of The Painted Door by Sinclair Ross

721 words - 3 pages Labiba Alamgir (Shemonty) The Painted Door Analysis: Setting: The story is taking place in a prairie. The first line of pg. 47 declares that. The same page is talking about a storm might be coming. I guess, there is a ocean near the prairie. On pg. 48, I found that the prairie landscape is discomforting due to the fact that it seems alive. It also talks about the farmsteads are there to intensify the situation. That same page talking about

An Analysis of Financial Statement of Mandya Milk Union Limited

1465 words - 6 pages is 6, 65, 35,745 Crores. Literature review: Every organization to maintain the financial statements of an organization. Some researcher and registered institution conduct research or study on the analysis of the financial statement. Those documents taken as reference to conduct the study on the organization B. S Raman: As per the Companies Act, the final accounts of a company refer to only the profit and loss account and the balance sheet

Louis Vuitton 2009 Financial Analysis. Includes: Luxury market analysis, Competitors analysis, FInancial statement evaluation, Accounting ratios analysis

8414 words - 34 pages Untitled ESCP-Europe School of Management Master in European Business Financial Accounting Project Analysis of LVMH 2009 Financial Position s Andrea Pierobon, Eric Paul Sadler, Carolin Rademacher, Marco MagnettoThe History of Louis Vuitton In 1835, at the age of 15, Louis Vuitton became an apprentice packer and trunk-maker under the famous Monsieur Maréchal in Paris

Financial Statement and Ratio Analysis: Key Tools to Successful Financial Management

2633 words - 11 pages Financial Statement and Ratio Analysis: Key Tools to Successful Financial Management Executive SummaryHow do firms assess their own strengths and weaknesses? How does a firm measure management's performance? Finally, how do firms compare themselves against the competition? The answer to these questions lies in the fundamentals of financial management. A crucial element in the success of any business organization is understanding the fundamentals

The Financial Analysis of IHG

4851 words - 19 pages from the Financial Statement, Balance Sheet and Cash Flow of IHG in 2006 and 2007. The significance of the accounting figures can only be established through comparisons with competitors. In this report, Millennium & Copthorine Hotels Plc has been chosen as the competitor for IHG to provide investors information about its performance and financial position. It has been chosen because they are in the same industry and amongst the same size.2

The Door -Analysis

582 words - 2 pages The Door -AnalysisMiroslav Holub's poem, "The Door", is a piece designed to provoke the reader into finding the courage to take a fresh look at his or her life. Holub effectively puts forward this message through usage of metaphors, symbolism and images. The "Door" itself is a metaphor for the barrier that stops a person from seeing "what's out there" in life, or, in a more internal sense, what is inside your heart. It is a barrier that can only

Analysis of the Upscale/Fine Dining Sector in the Restaurant Industry

6960 words - 28 pages Johnson & Wales University ScholarsArchive@JWU MBA Student Scholarship The Alan Shawn Feinstein Graduate School 5-3-2012 Analysis of the Upscale/Fine Dining Sector in the Restaurant Industry Volha Ban Johnson & Wales University - Providence, vab028@jwu.edu Follow this and additional works at: http://scholarsarchive.jwu.edu/mba_student Part of the Business Administration, Management, and Operations Commons, Business and Corporate

The business analysis of establishing a new restaurant in Dockland area of Melbourne city, Australia

829 words - 3 pages main theme of the café is cactus (varieties and similar family of s) as Con Christopoulos who got many new projects and one of influential play makes on Melbourne food and wine field. Con Christopoulos is a person who loves espresso so he uses espresso machine to be his unique. Open door is other ideas in summer get some fresh air and umbrellas for sunny day then start evening with warm color lights.From an article in the age newspaper

Financial Analysis of The Coca-Cola Company

2302 words - 9 pages ratios all other ratios like times interest ratio, profit margin, ROE, P/E and so on provides for positive indication about the company. It is clear from the financial statement analysis that KO is financially sound, strong and stable company. But this has to improve its liquidity which might add more pressure in the later stage as the proportion of debt to total capital is increasing. During 2011 to 2012 the economic situation was challenging

Write a business report on the 'Kentucky Fried Chicken Corporation (KFC)', one of the world's largest chicken restaurant chain. Include SWOT analysis and Industry & Competition analysis

3749 words - 15 pages threats and drawing conclusions whether a firm's business position is fundamentally healthy or unhealthy. In a nutshell, SWOT analysis is a basis for action.KFC, being one of the world's most recognizable brands, has its own internal strengths and weaknesses and external opportunities and threats, which are identified and analyzed below.'Kentucky Fried Chicken Corporation (KFC) was the world's largest chicken restaurant chain and the third largest

Similar Essays

Analysis Of Financial Statement

579 words - 2 pages leverage measures used to tell whether a company is using financial leverage. Debt ratio is the total liabilities to the total of liabilities and owners equity whereas the debt/equity ratio is the ratio of total liabilities to total owner’s equity. Both of these measures are the same concept but just stated in a different manner. In conclusion, from looking at Panorama’s financial statement and using some of the ratio analysis formulas, the company’s

Financial Statement Analysis

1164 words - 5 pages After establishing that Macy's and JCPenney have adequate internal controls and use an independent public accounting firm to confirm the accuracy of reports, the next step is to examine the relationship among financial statement numbers and the trends in those numbers over time. "Financial statement analysis is used to evaluate the performance of a company with an eye toward identifying problem areas and to use the past performance of a company

Financial Statement Analysis

1320 words - 5 pages lower ratio implies that the business is financially stable. The information below tells us that Target is a greater risk to creditors than Toyota and AT&T. AT&T does not report inventory on the financial statement, therefore, the quick and current ratio are the same. The quick ratio shows that Target has more assets than liabilities, putting them in a stable financial situation even though they have the higher ratios.Current Ratio

Financial Statement Analysis

2680 words - 11 pages confirmed, theconfirming bank becomes liable for the payment in case the issuing bank refuses to payagainst the L/C.e) Transferable L/CTransferable L/C is a perfect financial tool for middlemen to secure their margin withoutinvolving any funds. It allows dealing with more than one beneficiary. When atransferable L/C is issued in one's favor, he can transfer it to any seller and use it as apayment.f) L/C payable at sight"Payable at sight" means