Tesco PLC FTSE 100
The start Grocery retailer Jack Cohen 1919 Headquarter: Chesthunt, UK
Tesco stores Grocery stores
1990’s - nowadays Greater range of products Books, electronics, toys and even petrol stores
Performance Results Ratios
Current ratio Pay-back short-term obligations Better than quick ratio -> Inventory Higher = better 100% needed
Current ratio
Return on assets Profitability based on the use of assets Formula: Net income/ Total Assets
Return on assets
Gross profit margin Loss in 2014 Problem? Large quantities Formula: (sales – cost of goods sold)/sales
Gross profit margin
Overview Overall: not very good Last year: very bad