financial statement analysis of a public company
Financial Statement Analysis of the Berkshire Hathaway Inc.
Financial analysis of the Berkshire Hathaway Inc.
Financial statement analysis can be understood best as the assessing how profitable, viable and stable a business is.This is a good indicator of the performance of the business. The evaluation of a businesses’ financial data, together with other pertinent information helps in the assessment of the current and future financial condition of the company. This paper seeks to analyze and evaluate the financial statements of the Berkshire Hathaway Inc., a multinational company based in Omaha, Nebraska, USA. It is among the large conglomerate holding companies in the world and has a huge presence in most of the continents. The company is a significant shareholder in major US airlines such as Delta Airlines and United Airlines. It is also a shareholder in The American Express, The Coca-cola Company, Apple Inc., Wells Fargo, among other companies. Also, the company wholly owns Dairy Queen, BNSF Railway, Lubrizol, Helzberg diamonds among other entities (Berkshire Hathaway Inc., 2018). The financial statements analysis will be used to determine the position of the company based on industry standards.
The analysis will be based on the horizontal analysis. It is a systematic way of analyzing financial statements such as a balance sheet, income statement and the cash flows whereby two or more periods are used…
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