Comparative Analysis For The Performance Data Look At The Financial Position

1248 WordsOct 5, 20145 Pages
As professionals, we must constantly analyze our position. When we look at the company, we must evaluate the performance and make those comparisons of historical figures in-house and with the industry competitors. This analysis must not be taken lightly with easily attainable numbers such as sales, profits or total assets. As the adage goes, we need to “read between the lines” of the performance data looking past, the seeming inconsequential figures and develop them into figures that are accessible and comprehensible. Comparative analysis assist us to identify and quantify the strengths and weaknesses, take a decisive look at the financial position, understand the risk and develop a course of action if required. As with most things, ratio…show more content…
Boeing operates globally within 150 countries whose products or services include commercial and military aircraft, satellites, weapons, electronic defense systems, launch systems, advanced information and communication systems and a performance-based logistics and training. Strong operational performances with an unyielding focus on business implementation and intensifying competitiveness led to a company high in revenues, earnings, and increased cash flow in 2013. Motivated by greater supply with commercial aircraft, defense, space and security Boeings revenues grew from $81.7 billion to a record performing $86.6 billion in 2013. Core Earnings had a 20% increase in 2013 compared to 5.88 in 2012 this was due to the strong operational performance across the whole company. Boeing operating cash flow in 2010 was at an all-time low with 3.0 billion however in 2012 it increased to 7.5 billion and 2013 had a 9% increase to 8.2 billion. Boeing has contracts with various U.S. government bureaus including all branches of the military, NASA, Federal Aviation Administration and the Department of Homeland Security. Boeing encounters continuous competition in all market subdivisions, predominantly from Lockheed Martin Corporation. Boeing defense, space and security division accounts for 37.5% of the company’s total revenues. 80% of this revenue came from government contracts; unfortunately
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