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Interpreting Financial Results
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<span style="font-size: 12.0pt; line-height: 200%; font-family: Times New Roman,serif;"> Founded in 1903, Ford Motor Company is now sharing over 100 years of history in car making. In 1913, Ford introduces a new production method in the auto industry. The famous assembly line, improved the factory productivity for a regular Ford Model T, from 12.5 hours to just 1.5 hours (corporate.ford.com). Improved financial results allowed Ford to raise wages and reduce working shifts. But that is now history. Let’s have a look on Ford Motor Company’s financial results and compare them with the overall U.S auto industry. In 2012, Ford accounted a total revenue of $133,559 billion. Income before taxes was $7,68 billion. In 2013, total revenue increased with about 10%, to $146,917 billion (146,917/133,559-1). Income before taxes was $7,XX XXXXXXX. 2014 brought in $XXX,XXX XXXXXXX XXXXX in XXXXXXX, XXXX an XXXXXX of $4,342 billion. Revenues decreased from XXXX to 2014 with an average XX 2%. XXXXXX this XXXX, XXX XXXXX XXXXX XXX XXX XXXX XXXXX at $13.XX in 2012, 18.XX$ in XXXX and $XX.XX in XXXX. XXX XXXXXX point was XX $8.XX in 2012, $XX.10 in 2013 and $XX.XX in XXXX. The numbers from above can XXXXXX XXXX XX a XXXXXX XXXXXXXXXXX XX how XXXX XX managing its XXXXXXXXXX, but XX XXXX XXXXXXXXX a XXX of financial ratios. XX XXXX way, XX XXXX XXXX a real measurement XX its financial XXXXXXXXXXX XXXXXX XXX last XXXXX. Return XX equity is the first XXXXXXXXX we will stop XX. This indicator is calculated XX dividing XXX net XXXXXX to stockholder’s equity. Only for the XXXXXXXXXX in Automotive (XXXXXXXXX Financial XXX XXXXXXXXXX XXXXXXXXXX), XXXX XXXXX XXXXXXX had a 35.XX% in 2012, 27.12% in 2013 and XX.XX in 2014. These indicators XXX XXXXXXXXXX in XXXXX year XXXX XXXXXXX 1 XXXXX December XX (stock-analysis-on.XXX). We XXX XXXXXXX notice XXXX Ford is XXXXXXXXX a XXXXXXXXXX XXXXXXXXXXX XX XXX XXX XXXXXXXXX, making its stocks XXXX XXXXXXXXXX for XXXXXXXXX. XX XXX auto manufacturing, ROE XXX XXXXXXX XXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXX XX XXXX. XX XXXX, ROE XXX 8.XX%. 11,47% in 2013 and 12.XX% in XXXX. We can see that XXX Ford can be a better stock investment XXXX its competitors. The operating XXXXXX XXXXXX also XXXXXXXXX XXXX X.64% in 2012 XX X.53% at XXX XXX XX 2014. If profit margins XXXXXXXXX, XX should see XX XXXX XX XXXXX XXX total XXXXXX in an XXXXXXXXX way. In 2012, ROA XXX 2.XX%. in 2013 3.51% XXX in 2014 X.51%. These XXXXXXX are showing us a decrease in XXXXX XXXXXXXXXX. A clean-up for unprofitable XXXXXX or an improvement in efficiency is welcomed. In terms XX XXXXXXXXXXXXX, the XXXX XXXXXX had an operating XXXX XX X.01% in 2012. In 2013, XXX XXXX XXXXXX XXXXXXXX for a X.68%, keeping XXX growing XXXXX to 5.08% in XXXX. XXX indicators for XXX XXXX XXXXXX XXXX 2.XX% in XXXX, X.04% in XXXX XXX X,XX% in 2014. We XXX conclude from these XXXXXXX XXXX Ford XXX XXXXXX results in XXX XXXXXXXXX asset XXXXXXXXXXX, compared to its competitor. For XXXX, XXXX already XXXXXX two-quarters. All XXX XXXXXXXXXXX indicators analyzed XXXXX, are XX a growing trend. For XXX first XXXXXXX, closed XX March XX, ROE XXX XX,51%. For the second quarter, it XXXX XX 14.04%. The net XXXXXX went from X,33% up to X,XX%. The Return XX XXXXXX XXXX slightly from X.45% XX 1.XX%. The operating profit also XXXX, from X.65% to 2.X%. With XXX XXXX XX XXX XXXX all this indicators, XX can XXX XXXX Ford could be a good XXXX-term XXXXX XXXXXXXXXX. Statistics showed us a better XXXXXXXXXXX XXXX XXXXX XXXX XXXXXXXXX. XXX return XX XXXXXX XXXXXXXXX XXXX XXXXXXX in order XX XXXXXXXX this good XXXXX. XXXXX or losing assets XXXX XXXXXX best-XXXXXXXXXX ones. The net XXXXXX XX also on a XXXXXXX trend, probably a XXXXXXXXX result XX the new production policy adopted since 2012. Ford XX XXXXXXXXX XXXXXXXX the XXXXXXXXXX XXXXXXXX, starting from XXX 27 XXXX in XXXX to a number of X XXXXXXXXX projected to be in XXX XXXXX XXXX(XXXXXXXXX.ford.XXX). XXXX will XXXXXX XXXXXX the return XX XXXXXX indicator XXX XXXXXXXXXX XXX operational profitability. Ford XXX innovate XXXXX. XXX’s XXX XX it will pass again the challenge, XXXX it did in 1913 XXXX XXX Model T. </span></p> <p XXXXX="XXXXXXXXX" style="XXXX-XXXXXX: XXX%;"><span style="XXXX-XXXX: 12.XXX; XXXX-XXXXXX: 200%; font-XXXXXX: Times New Roman,serif;"></span></p> <p XXXXX="MsoNormal" style="line-XXXXXX: 200%;"><span style="font-size: 12.0pt; XXXX-height: XXX%; font-XXXXXX: Times New Roman,serif;"></span></p> <p XXXXX="MsoNormal" style="XXXX-XXXXXX: 200%;"><span style="XXXX-XXXX: 12.0pt; line-XXXXXX: XXX%; XXXX-family: XXXXX New Roman,XXXXX;"></span></p> <p class="XXXXXXXXX" style="XXXX-height: XXX%;"><span style="XXXX-size: XX.0pt; XXXX-height: 200%; font-XXXXXX: Times New Roman,serif;">References: </span></p> <p XXXXX="XXXXXXXXX" style="line-XXXXXX: 200%;"><span style="XXXX-XXXX: XX.0pt; line-XXXXXX: 200%; XXXX-XXXXXX: XXXXX New Roman,serif;">Ford Motor XXXXXXX, XXXXXXXXX XXXXXXX, Our History section, retrieved on XXXXXX XX, 2015, from https://corporate.ford.XXX/company/history.XXXX</span></p> <p XXXXX="MsoNormal" style="line-XXXXXX: 200%;"><span style="XXXX-XXXX: 12.0pt; line-height: 200%; font-family: Times New Roman,serif;">XXXX XXXXX Company, 2014, XXXX 10-X XXXXXX XXX SEC, XXXXXXXXX XX August XX, XXXX, XXXX XXXX://corporate.ford.XXX/investors/reports-and-filings/sec-XXXXXXX.XXXX </span></p> <p class="XXXXXXXXX" style="line-height: 200%;"><span style="XXXX-size: 12.0pt; XXXX-height: XXX%; XXXX-family: Times New XXXXX,XXXXX;">XXXXX Analysis on Net, Ford Motor XX. (F) section, Ratios, XXXXXXXXX XX August XX, XXXX, from XXXXX://XXX.XXXXX-XXXXXXXX-on.XXX/NYSE/Company/Ford-XXXXX-XX/Ratios</span></p> <p></p> <p XXXXX="MsoNormal" style="line-height: XXX%;"><span style="XXXX-size: 12.XXX; XXXX-XXXXXX: XXX%; XXXX-family: XXXXX XXX Roman,serif;"> </span></p>">
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