Finishline Annual Report Analysis
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Section 1 – Introduction
Finish Line is a premium retailer of athletic shoes, apparel and accessories, operating 637 Finish Line stores averaging approximately 5,400 square feet in 47 states, often mall-based. They also operates an e-commerce site, www.finishline.com, as well as mobile commerce via m.finishline.com. Finish Line stores generally carry a large selection of men, women and kids’ performance and athletic casual shoes, as well as an assortment of apparel and accessories
Income Sheet | 3 March 2012 | 26 February 2011 | 27 February 2010 | Sales | 1,369,259 | 1,229,002 | - | Net Income | 84,804 | 68,834 | - | Total Asset | 711,496 | 664,845 | 610,268 | Stockholders’ Equity | 529,537 | 490,245 | 442,150 | Average Total Asset | 688,170.5 | 637,556.5 | - | Average SE | 509,891 | 466,197.5 | - |
| 3 March 2012 | 26 February 2011 | Profit Margin | 6.19% | 5.60% | Asset Turnover | 1.99 | 1.93 | Financial Leverage | 1.35 | 1.37 | ROA | 12.32% | 10.81% | ROE | 16.63% | 14.81% |
Balance Sheet | 3 March 2012 | 26 February 2011 | Current Assets | 552,748 | 509,684 | Current Liabilities | 138,683 | 126,420 | Total Assets | 711,496 | 664,845 | Total Liabilities | 181,959 | 174,600 | Cash | 307,494 | 299,323 | Marketable Securities | - | - | Accounts Receivables | 9,041 | 10,552 | EBIT | | | Interest Expense | | |
| 3 March 2012 | 26 February 2011 | Current Ratio: | 3.9857 | 4.0317 | Quick Ratio: | 2.2824 | 2.4512 | Debt Ratio: | 25.57% | 26.26% | Times Interest Earned: | | | Debt-to-equity Ratio | 34.34% | 35.61% | | | |
Section 2: Income Statement
The identified trends in Finish Line’s income statement positively reflect on its successful fiscal year. With the provided information of the covered period, it can be determined how Finish Line’s profitability and productivity exemplified the company’s strong performance and improvements since last fiscal year. At a
Section 1 – Introduction
Finish Line is a premium retailer of athletic shoes, apparel and accessories, operating 637 Finish Line stores averaging approximately 5,400 square feet in 47 states, often mall-based. They also operates an e-commerce site, www.finishline.com, as well as mobile commerce via m.finishline.com. Finish Line stores generally carry a large selection of men, women and kids’ performance and athletic casual shoes, as well as an assortment of apparel and accessories
Income Sheet | 3 March 2012 | 26 February 2011 | 27 February 2010 | Sales | 1,369,259 | 1,229,002 | - | Net Income | 84,804 | 68,834 | - | Total Asset | 711,496 | 664,845 | 610,268 | Stockholders’ Equity | 529,537 | 490,245 | 442,150 | Average Total Asset | 688,170.5 | 637,556.5 | - | Average SE | 509,891 | 466,197.5 | - |
| 3 March 2012 | 26 February 2011 | Profit Margin | 6.19% | 5.60% | Asset Turnover | 1.99 | 1.93 | Financial Leverage | 1.35 | 1.37 | ROA | 12.32% | 10.81% | ROE | 16.63% | 14.81% |
Balance Sheet | 3 March 2012 | 26 February 2011 | Current Assets | 552,748 | 509,684 | Current Liabilities | 138,683 | 126,420 | Total Assets | 711,496 | 664,845 | Total Liabilities | 181,959 | 174,600 | Cash | 307,494 | 299,323 | Marketable Securities | - | - | Accounts Receivables | 9,041 | 10,552 | EBIT | | | Interest Expense | | |
| 3 March 2012 | 26 February 2011 | Current Ratio: | 3.9857 | 4.0317 | Quick Ratio: | 2.2824 | 2.4512 | Debt Ratio: | 25.57% | 26.26% | Times Interest Earned: | | | Debt-to-equity Ratio | 34.34% | 35.61% | | | |
Section 2: Income Statement
The identified trends in Finish Line’s income statement positively reflect on its successful fiscal year. With the provided information of the covered period, it can be determined how Finish Line’s profitability and productivity exemplified the company’s strong performance and improvements since last fiscal year. At a