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Vertical_Horizonal Analysis

Week 1 fill in the numbers-this tab only. Complete blue highlighted areas only. There are no calculations in week one.
Table I (Amounts in $thousands, except per share amounts)
TRANSDIGM GROUP INCORPORATED Vertical Analysis year 1(%) Vertical Analysis Year 2(%) Horizontal Analysis(Difference)
Income Statement 2013 2012 2011
Net Revenue (net sales) 1,924,400 1,700,208 1,206,021 100% 100 224,192
Cost of Goods 874,838 754,491 544,836 45.46 44.38 120,347
Gross Profit 1,049,562 945,717 661,185 54.54 55.62 103,845
Total Operating Expenses 300,107 245,942 193,959 15.59 14.47 54,165
Earnings from Operations 749,455 699,775 467,226 38.94 41.16 49,680
Interest Expense 300,966 211,906 257,710 15.64 12.46 89,060
Net Earnings 448,489 487,869 229,425 23.31 28.69 - 39,380
Balance Sheet
Cash/cash equivalents (cash) 564,740 440,524 376,183 9.2 8.07 124,216
Short term investments 51,725 53,721 39,499 0.8 0.98 - 1,996
Net Accounts Receivable 240,449 235,783 189,293 3.9 4.32 4,666
Inventory 413,581 320,503 265,317 6.7 5.87 93,078
Current Assets 1,320,495 1,050,531 870,292 21.5 19.24 269,964
Net Fixed Assets 4,828,384 4,409,086 3,643,344 78.5 80.76 419,298
Total Assets 6,148,879 5,459,617 4,513,636 100 100 689,262
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Current Liabilities 31,045 20,500 206,859 0.5 0.38 10,545
Long Term Liabilities 6,454,215 4,220,283 3,495,828 105.0 77.30 2,233,932
Total liabilities 6,485,260 4,240,783 3,702,687 105.5 77.68 2,244,477
Stockholders Equity - 336,381 1,218,834 810,949 -5.5 22.32 - 1,555,215
Total liabilities + Stockholders Equity 6,148,879 5,459,617 4,513,836 100 100 689,262
Prepared by your name
Select numbers taken from financial statements
TRANSDIGM GROUP INCORPORATED AND SUBSIDIARIES ANNUAL REPORT ON FORM 10-K FISCAL YEAR ENDED SEPTEMBER 30, 2013
Optional Information
Any Preferred Stock
Dividends paid Common shareholder 1,991,350 3,299 2,811
Dividents paid to Preferred shareholder - - -
Outstanding Shares Common Stock 53,172,551 52,157,225 50,829,276
Basic EPS (Earnings Per Share) $2.39 $ 5.97 $ 3.17
Auditing Firm Ernst & Young Ernst & Young Ernst & Young

Financial Ratios

Table II
Company Company* Company* Competition or Industry Ratio** AIR INDUSTRIES GROUP INC.
Formula 2013 2012 2013
Liquidity Ratios 1. Complete the formula column. See example for gross profit percent.
Current Ratio Current Assets/Current Liabilties 42.53 51.25 N/A 2. Use the numbers on the previous page to complete the ratios-Use Excel formulas.
Acid Test Ratio (Current Assets-Inventory)/Current Liabilties 29.21 35.61 N/A 3. One * means you did the calculations
Two ** means you got the information from another source (cite that source)
Asset Management Ratio 4. For column E choose a competitor or the Industry.
Inventory Turnover Net Sales/Average Inventories 1.31 1.45 N/A You do not need to calculate the competitor ratios, you can use pre-calculated ratios
just remember to cite your source. (like a database)
Solvency Ratios
Debt ratio Total Debt/Total Assets 105.47% 77.68% 34.87%
Times Interest Earned Ratio Operating Income/Interest Expense 2.49 3.30 N/A
Profitability Ratios
Gross Profit Percent Gross Profit/Net Sales 54.54% 55.62% 7.34%
Return on Net Sales Net Earnings/Net Sales 23.31% 28.69% 5.95%
EPS** $2.39 $5.97 0.63
Market Analysis
Price Earning Ratio** 54.99 54.99 15.03
Dividend Yield** 0 0 0.38
*Calculated by Author
** Information from give souce
Prepared by
Refernces
TransDigm Group Incorporated. Retrieved April 25, 2014 from
http://www.google.com/finance/related?q=NYSE%3ATDG&ei=XKVaU_jCMIXJkAXpCA

Sheet3