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I want to do ratio analysis of for a company. But my collected financial statements are like & .Which one i will choose for doing financial ratio for the year ?
if possible give me differences between them.
From my uderstanding, I think the finanacials for 2013-2014 is afctually the financial statement of 2014 with 2013 comparative figures and that of 2015 -2014 is the financial statement for 2015 with 2014 comparative figures too.
The most appropriate one to use for 2014 analysis should be financial statements of 2013- 2014 because it is likely to contain more details for 2014 and not just comparative figures.
I just need 2013 to 2014 to do the ratio analysis of 2014 for a company
i will use my finiancial statement for 2014 to compare that of 2013 and 2015 to know the finiancial capacity of the company and know the growth rate.
I will use the 2015-2014 statement will give more updating for the financial statement
Use your closing year as a benchmark
Use relevant Quarters results from both financial years results to do this.
