Kmart Analysis Essay Example | Topics and Well Written Essays - 1250 words

Kmart Analysis - Essay Example Kmart deals in a wide range of retail products. The company principally provides the grocery items on its retail stores along with other consumer products such as women's and kids apparels, fashion clothing, gifts, toys, baby and kids beddings, furniture, nursery products, jewelry, electronics, home appliances, fragrances, personal care items and sports, leisure and fitness goods etc ("Kmart Home", n.d.) Kmart's business operations fall under discount retailing industry. It confronts with overwhelming competition in the industry from the significant retail giants such as Wal-Mart, Target stores, Kohl's and J.C. Penney etc. Kmart has shown a comeback in the industry after the bankruptcy with a vision to deliver value to its customers and shareholders in an identical manner. It aims for constant expansion with a view to advance in terms of sale and profitability records, to enhance the efficacy and alleviate the costs, to strengthen and elevate the utilization of assets towards increasing profits etc ("Corporate History", n.d.) The following chart depicts a snapshot of K-mart's financial ratios ("Kmart Corporation", n.d.) compared to the discount retailing industry average ("Retail (Department & Discount) Industry", n.d.) along with two of its competitors i.e., Wal-Mart ("Ratios for Wal-Mart", n.d.) and Target ("Ratios for Target", n.d.), so as to provide a better insight into the company's financial position and performance with respect to that of its industry and competitors: Kmart Industry Wal-Mart Target Quick Ratio 2.0 0.26 0.13 0.89 Current Ratio 3.6 1.17 0.89 1.50 Debt to Equity 0.93 0.55 0.54 0.70 Gross Margin 25.9% 27.50% 23.17% 32.15% Net Profit Margin 5.6% 3.80% 3.49% 4.58% Return On Assets 10.1% 7.43% 8.32% 7.30% Cash Conversion Cycle 67 days 39 days 14 days 39 days An examination of the above chart straightens out a fine line between Kmart, its major competitors and the whole discount retail industry. The further in-depth interpretation and analysis of the above presented ratios is provided below to compare Kmart's financial position and performance with its competitors and other companies in the same industry: Current Ratio: The current ratio reflects the liquidity position of a company in terms of a comparison of its current assets and current liabilities. Kmart's current ratio is 3.6:1, which means that the company keeps $3.6 worth of liquid assets against every $1 worth of current liabilities. The current ratio of Kmart is much higher than that of the discount retail industry as well as Wal-Mart and Target Corporation individually. Apart from showing a sound liquidity position of the company, it emphasizes the fact that much of the company's current assets are lying idle without being invested further. Quick Ratio: An investigation of the above ratio comparison reveals that the Kmart Corporation's quick ratio is much higher than that of its industry and competitors. Kmart's quick ratio is 2.0, which shows that Kmart is much capable to pay off its short-term debts and liabilities after keeping aside the inventory than all the other companies in the industry. The difference between the current and quick ratios explicit the quantity of stock held by company, which is about 55% of the total current assets for Kmart. Debt to

Narrative Essay Example | Topics and Well Written Essays - 750 words - 4

Narrative - Essay Example After realization that the world of films is more appealing than I can imagine, I decided to keep the spirit lively by undertaking a Master’s degree in media, my major focus being on Radio and Television studies. When in the university, I got an inordinate chance to train in the first channel of Saudi Arabia, the fifth channel in Saudi Arabia and Institute of Hajj researchers as a photographer, all of which bolstered my understanding of the world of media and communication. I firmly believe that a well-written script and characters are what makes a film, a major reason that made me feel frustrated while in the university when doing photography-related projects. The fundamental reason for the perceived discomfiture was the fact that after doing projects in photography, although they often turned out to be good, I felt left out after the image is completed, a reason that intensified my intention to be a screenwriter so that I can always be part of the complete works such as docu mentaries. When I watch an interesting film, I see myself in it and believe that the ideas on the screen are actually being personified for me, a rare thing that has been developing in me lately. I immediately develop a critical critic of the masterpiece, a factor that has further sharpened my writing skills. However, being in the university was an eye-opener for me. I enjoyed every moment in school primarily because of the many activities that I found myself participating in and the large audience that resoundingly required my presence in various programs, both educational and leisurely. While still working hard on coursework, where I eventually managed a GPA 3.11/4, I could still manage to schedule some time for talk shows, news programs, documentaries, and advertisement. I used my verse skills in media and television presentation to influence and appeal to the audience. The college students always