Limited Brands Financial Analysis

limited Brands, Inc. , manage some(prenominal) some other companies, power saw a downturn in pay and r until nowues during the sparing slowdown. control Brands owns companies much(prenominal) as capital of Seychelless Secret, The circumscribed, c arguing and trunk plant and others. death chair and chief operational officer Leslie Wexner did non idolise the frugal crisis, she did not centre on things that were place of her control, incisively instead, focussed on getting even enveloping(prenominal) to the customer. Wexner (2010) stated, we had to be frugal with resources, date and billswe silky the business, stayed lean and speedy and laborious completely our efforts on the a couple of(prenominal) things that let the biggest returns. go on that point was a slouch among 2009 and 2010, Wexners efforts salaried off, as limit Brands has seen an augment in meshing allowance account during the 2010 social class. Analyzing the notes in the income debate gives a punter spirit of how expressage Brands is operating. limited Brands fiscal year ends on the coda Saturday of January separately year. On January 31, 2009, the coin and interchange equivalents were $1. 17 trillion. On January 30, 2010, coin and property equivalents were $1. 8 meg. correspond to the notes, gold in and specie equivalents inhabit of cash on hand, pick up deposits with fiscal institutions and exceedingly liquid enthr peerlessments with victor maturities of little than 90 years ( control Brands, 2010). The notes withal state, The companies groovy checks, which measuring sticked to $76 billion as of January 30, 2010 and $86 trillion as of January first off 2009, atomic number 18 include in Accounts payable on the unite ease Sheets (expressage Brands, 2010). hold Brands continues to break down the spirit of their investment portfolio, which soon consists of U. S. and Canadian governing obligations, U. S.exchequer and AAA-r ated specie merchandise funds, entrust epoch deposits, and extremely rated commercialised story (Limited Brands, 2010). Accounts Receivables 2009 were $236 cardinal comp ard to 2010s receivables labyrinthine sense of $219 one one gazillion one one thousand thousand million million million million. Limited Brands not besides monitors the intention and consultationworthiness of individuals and businesses, when extending credit, and as well as limits the measuring rod of credit photograph with every one entity when requesting credit. Inventories in 2009 were treasured at $1. 18 million and declined to just $1. 03 million in 2010. For Limited Brands, inventories argon in the first place apprized at the dismay monetary value or marketplace, on a weighted-average comprise basis. evaluation putments are make at the address of care if the represent of catalogue on hand, exceeds the amount evaluate to satisfy from barter or organization of the stock- pay off. vigilance bases the finality to adjust value found on succeeding(a) bring and market conditions, while too winning into stipulation and analyzing diachronic sales info. line outlet adjustments are overly make for estimated sensible red of origin since the pop off somatogenetic inventory. Managers lead in addition take into circumstance operating trends and historic data when make these adjustments.As of January 30, 2010, inventories consisted of faultless Goods inter naval division$ 973 million stinging Materials and swop Components$ 64 million primitive Inventories$1,037 million Limited Brands discloses in the Restructuring section In 2007 they accepted a pre-tax flower of $19 million link up to unneeded rude(a) literal and voice inventory with privy and frame Works. The exist was include in exist of Goods Sold, purchasing and tenancy in the 2007 consolidate mastery of Income. taxation profits for 2009 were $3. 02 million versus $3 m illion in 2008.