Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 30 , 10 November 2023


Open Access | Article

Analysis of Tesco's Financial Status Quo —— Based on Financial Ratio Analysis

Sucheng Li * 1
1 China Foreign Affairs University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 30, 103-109
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Sucheng Li. Analysis of Tesco's Financial Status Quo —— Based on Financial Ratio Analysis. AEMPS (2023) Vol. 30: 103-109. DOI: 10.54254/2754-1169/30/20231448.

Abstract

Financial ratio is an intuitive reflection of a company's profit acquisition status and an important evaluation indicator of its management ability. It is an important basis for other investors to invest in the company, and it is also an important driving force for the company to achieve long-term development. Therefore, this article uses the financial ratio analysis method to analyze the financial indicators of TESCO. To identify the problems that exist in the development of TESCO, a retail giant. Therefore, by analyzing various calculated values and proposing corresponding countermeasures, TESCO can promote good development in the future. And through the analysis of representative retail enterprises. To analyze similar companies in the world retail industry and provide data recommendations and improvement plans. This article draws conclusions through the analysis of financial statement data. Based on the conclusions, analyze the current situation and development status of TESCO Company. From analyzing the brand to analyzing the entire market. Through a series of analysis, consumers can identify potential opportunities and risks in this industry, thereby obtaining long-term benefits.

Keywords

financial situation, solvency, operational capacity, profitability, TESCO

References

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2. Dong Wenshu. Research on cross-cultural management strategies of international retail enterprises [D]. Jilin University (2008).

3. Chen Daoqing. Application of financial ratio analysis in enterprise management [J]. Bohai Rim Economic Outlook (10), 161-163 (2022).

4. Gu Yue. Overview of the application of financial ratio analysis in enterprise financial diagnosis [J]. SME Management and Technology 689 (20), 146-148 (2022).

5. Wang Xiang. Analysis of corporate financial ratios - Taking Q Enterprise as an example [J]. Modern Marketing (Second Edition) 795 (01), 164-166 (2023).

6. Jiali. Problems and improvements in financial ratio analysis [J]. Business Accounting 698 (02), 49-52 (2021).

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10. Wang Xin. On how to improve Profit Performance of Tesco. China Market (45),112-114 (2015).

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-081-3
ISBN (Online)
978-1-83558-082-0
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/30/20231448
Copyright
10 November 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated