Financial Statements Evaluation Lightweight Metals Technology

Question: Examine about the Financial Statements Evaluation for Lightweight Metals Technology. Answer: Fiscal reports Analysis of Cadence Company Three Years Information on Financial Statements of Cadence Fiscal reports 2016 2015 2014 Complete Equity $1075 $1376 $1334 Current Assets $5,380,636 $5,279,525 $18,891,137 Fixed Assets $320,750,485 $315,829,479 $245,691,848 All out Assets $342,212,110 $336,312,044 $264,657,154 Overall gain $76,513 $85,375 $30,190,056 Sum Paid to Shareholders in Cash $12,341,213 $11,111,185 $9,898,166 Sum Paid to Shareholders in Stock Buybacks $421,915 $421,915 $421,915 Aggregate sum Distributed with Shareholders $123,834,128 $11,533,100 $10,320,081 Momentary Debt 50 0 342 Long haul Debt 643 349 349 Income Analysis of Cadence Income Statement 2015 ($) Incomes FROM OPERATING ACTIVITIES Continues from the offer of speculations 540,473,533 Installments for the acquisition of speculations (653,026,793) Capital profit for speculations Profits got 8,761,126 Intrigue got 2,035,499 Other pay got 13,950 The executives charges paid (2,784,335) Execution expenses paid (12,800) Business costs on share buys (575,514) Intrigue paid (683,116) Profits paid on shorts (242,449) Installments for organization costs (707,717) Personal duty paid (5,196,425) NET CASH USED IN OPERATING ACTIVITIES (111,945,041) Incomes FROM FINANCING ACTIVITIES Profits paid (15,650,799) Continues from shares gave 66,440,227 NET CASH PROVIDED BY FINANCING ACTIVITIES 50,789,428 NET (DECREASE)/INCREASE IN CASH HELD (61,155,613) Money AND CASH EQUIVALENTS AS AT BEGINNING OF THE FINANCIAL YEAR 93,826,031 Money AND CASH EQUIVALENTS AS AT END OF THE FINANCIAL YEAR 32,670,418 Positive income of Cadence that the organization is expanding its fluid resources and utilizing its expanded income in reinvesting in its business activities, giving a gigantic come back to its investors, paying costs and create a defend against up and coming monetary difficulties (Cadence.com. 2016). MVA Calculation of Cadence Market Value Added (MVA) of Cadence in the year 2014: MVA+ Capital Invested = Market Value MVA= $231,197,359-$137,735,570 = $93,461,789 Market Value Added (MVA) of Cadence in the year 2015: MVA+ Capital Invested = Market Value MVA= $302,996,147-$280,018,162 = $22,977,985 Market Value Added (MVA) of Cadence in the year 2016: MVA+ Capital Invested = Market Value MVA= $330,896,158-$290,210,184 = $40,685,974 From the MVA examination, it was accumulated that the MVA of Cadence has diminished in the year 2015 and afterward expanded in the year 2016. Such increment is a direct result of the explanation that it is producing positive returns and having solid administration alongside sound administration (Frattini et al. 2013). Investigation and Conclusions From the fiscal summary investigation, it was assembled that the organization encounters positive debris stream in the year 2015. This is a result of the explanation that the organization is expanding its fluid resources and utilizing its expanded income in reinvesting in its business activities, giving an immense come back to its investors, paying costs and creates a defend against up and coming budgetary difficulties (Golez 2014). Besides, MVA examination it was accumulated that an expansion in MVA of Cadence is for the explanation that it is delivering positive returns and keeping up solid corporate administration. Money related examination more than three years of the organization uncovered that the overall gain of the organization has diminished in the course of recent years. Such abatement is a direct result of the explanation that its costs have expanded in the course of recent years. The organization is managing expanding overhead expenses, extraordinarily as the organization expanded the installment of long haul representatives ever year (Healy and Palepu 2012). All out resources of Cadence is seen to increment throughout the years from 2014 to 2016 in view of the explanation that it isn't using its advantages productively in increasing most extreme benefits or has made expanded interests in its benefits hose are not contributing adequately to the primary concern. Money related Management 1. Date Cost Return Profit Return of profit 7/1/2016 9.522239 3.02% 6/1/2016 9.243052 0.00% 5/4/2016 0.03 - 3% 5/2/2016 9.243052 - 16.77% 4/1/2016 11.105247 16.60% 3/1/2016 9.524464 7.28% 2/3/2016 0.03 - 14% 2/1/2016 8.878232 23.03% 1/4/2016 7.216544 - 26.14% 12/1/2015 9.770547 5.45% 11/4/2015 0.03 36% 11/2/2015 9.265686 5.15% 10/1/2015 8.811746 - 7.56% 9/1/2015 9.532079 2.22% 8/5/2015 0.03 9% 8/3/2015 9.32486 - 3.96% 7/1/2015 9.709269 - 11.48% 6/1/2015 10.968424 - 10.80% 5/7/2015 0.03 13% 5/1/2015 12.29644 - 6.65% 4/1/2015 13.172549 3.87% 3/2/2015 12.681769 - 12.64% 2/4/2015 0.03 - 3% 2/2/2015 14.517288 - 5.32% 1/2/2015 15.333686 - 0.89% 12/1/2014 15.470857 - 8.68% 11/5/2014 0.03 1% 11/3/2014 16.94054 3.35% 10/1/2014 16.391502 4.16% 9/2/2014 15.736234 - 3.13% 8/6/2014 0.03 - 4% 8/1/2014 16.244801 1.53% 7/1/2014 16.000385 10.07% 6/2/2014 14.536044 9.40% 5/8/2014 0.03 - 9% 5/1/2014 13.28647 1.27% 4/1/2014 13.120182 4.66% 3/3/2014 12.535764 9.63% 2/5/2014 0.03 - 4% 2/3/2014 11.43511 2.27% 1/2/2014 11.18171 8.28% 12/2/2013 10.326809 10.61% 11/6/2013 0.03 - 7% 11/1/2013 9.335901 3.99% 10/1/2013 8.977975 14.16% 9/3/2013 7.864202 5.45% 8/7/2013 0.03 - 12% 8/1/2013 7.457433 - 2.78% 7/1/2013 7.670355 1.66% 6/3/2013 7.544929 - 8.00% 5/9/2013 0.03 - 1% 5/1/2013 8.201009 0.34% 4/1/2013 8.173272 - 0.23% 3/1/2013 8.192504 0.00% 2/6/2013 0.03 1% 2/1/2013 8.192504 - 3.30% 1/2/2013 8.471679 1.84% 12/3/2012 8.318345 3.21% 11/1/2012 8.059594 - 1.87% 10/31/2012 0.03 - 3% 10/1/2012 8.212928 - 2.94% 9/4/2012 8.461397 3.50% 8/1/2012 0.03 3% 8/1/2012 8.174894 1.42% 7/2/2012 8.060293 - 3.20% 6/1/2012 8.326749 2.34% 5/10/2012 0.03 4% 5/1/2012 8.136423 - 11.84% 4/2/2012 9.228986 - 2.89% 3/1/2012 9.504054 - 1.47% 2/1/2012 0.03 3% 2/1/2012 9.64633 0.39% 1/3/2012 9.608389 17.46% 12/1/2011 8.18037 - 13.67% 11/2/2011 0.03 - 15% 11/1/2011 9.475991 - 6.61% 10/3/2011 10.146461 12.43% 9/1/2011 9.024315 - 25.23% 8/3/2011 0.03 - 11% 8/1/2011 12.07014 - 12.92% 7/1/2011 13.860662 - 7.12% 6/1/2011 14.923971 - 5.65% 5/12/2011 0.03 8% 5/2/2011 15.817904 - 0.94% 4/1/2011 15.968544 - 3.74% 3/1/2011 16.588499 4.81% 2/2/2011 0.03 4% 2/1/2011 15.827645 1.87% 1/3/2011 15.537673 7.67% 12/1/2010 14.43119 17.21% 11/3/2010 0.03 - 7% 11/1/2010 12.311989 0.15% 10/1/2010 12.293448 8.51% 9/1/2010 11.329805 18.49% 8/4/2010 0.03 - 8% 8/2/2010 9.561571 - 8.27% 7/1/2010 10.423245 11.03% 6/1/2010 9.387453 - 13.57% 5/5/2010 0.03 - 10% 5/3/2010 10.861825 - 13.12% 4/1/2010 12.502271 - 5.69% 3/1/2010 13.256317 7.07% 2/3/2010 0.03 6% 2/1/2010 12.381251 4.71% 1/4/2010 11.824618 - 21.03% 12/1/2009 14.973516 28.75% 11/4/2009 0.03 27% 11/2/2009 11.629555 1.04% 10/1/2009 11.509328 - 5.34% 9/1/2009 12.158002 8.88% 8/5/2009 0.03 6% 8/3/2009 11.166458 2.71% 7/1/