Polygamy Should the State of Missouri Legalize Essay

Open, View, and/or
Download this Document

Total Length: 885 words ( 3 double-spaced pages)

Total Sources: 4

Page 1 of 3

Polygamy

Should the state of Missouri legalize polygamy?

Health Management Associates (NYSE: HMA)

HMA is a company established in 1977 that runs acute care health care facilities in America. The HMA offers facilities like internal medicine, surgery, emergency room care, oncology, diagnostic care, radiology, and pediatric services. It also offers x-ray, lab, respiratory therapy, and physical therapy. The company has total 71 hospitals having above eleven thousand beds.

Conduct an internal financial analysis of Health Management Associates

With annual revenues increased to $5.87 billion, the company is showing growth in many areas. The internal financial analysis of the company gave following figures:

Year

2012

2011

2010

Liquidity Ratios

Current Ratio

Cash Ratio

21%

27%

36%

Quick Ratio

Profitability Ratios

Operating Margin

10%

11%

11%

Profit Margin

3%

4%

3%

Pre-Tax ROE

30%

41%

55%

After Tax ROE

16%

23%

29%

Data Interpretation

The company's ratio analysis shows that the current ratio has decreased over period (HMA Company Financials, 2013). The company has 151% or 1.51 current ratio. The decrease in current ration means the company has less cash to pay its debt hence the management needs to take steps about it. The current assets should be increased on one hand and current liabilities should be decreased.

Stuck Writing Your "Polygamy Should the State of Missouri Legalize" Essay?

View All Our Example Polygamy Should the State of Missouri Legalize Essay

Have A Custom Example Essay Written



The cash ratio tells about amount of cash for paying short-term liabilities. It tells creditors about credit history of company (Financial Analysis, 2009). The company has 21% or 0.21 cash ratio that means to pay $100 immediate loan, the company has $21 which is not satisfactory.

Quick ratio of company is decreasing as well that means it is losing its capacity to quickly convert assets into cash to pay the current liabilities. The ideal is 1:1 but the company has 135% that means 1.35 quick ratio that means it has too much cash on hands that may indicate issues with account receivables.

The company's profitability ratio operating martin value is 10% or 0.1. That indicates the pricing strategy and operating efficiency of company. The company's operating margin decreased from 11% that means operating margin is decreasing.

HMA's profit margin was 3% in 2010, 4% in 2011 and 3% once again in 2012. That shows what amount of every dollar earned converts into profit. Thus the company has profit margin fluctuating in a small range.

The return on equity of company is decreasing in since last three years. Thus the company requires investing more in equity to earn returns.

Financial Health.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Polygamy Should The State Of Missouri Legalize" (2013, July 23) Retrieved June 29, 2025, from
https://www.aceyourpaper.com/essays/polygamy-state-missouri-legalize-93324

Latest MLA Format (8th edition)

Copy Reference
"Polygamy Should The State Of Missouri Legalize" 23 July 2013. Web.29 June. 2025. <
https://www.aceyourpaper.com/essays/polygamy-state-missouri-legalize-93324>

Latest Chicago Format (16th edition)

Copy Reference
"Polygamy Should The State Of Missouri Legalize", 23 July 2013, Accessed.29 June. 2025,
https://www.aceyourpaper.com/essays/polygamy-state-missouri-legalize-93324
   

Open, View, and/or
Download this Document
order custom essay example