Additional information
by Axel Tracy (Author)
Unlock the secrets of investing success with 'Ratio Analysis Fundamentals'!
Ever wondered how to make smarter investment decisions? "Ratio Analysis Fundamentals: How 17 Financial Ratios Can Allow You to Analyse Any Business on the Planet" is your essential guide. Going beyond basic record-keeping, this book dives into the world of ratio analysis, a powerful tool for evaluating performance, risk, and efficiency. Written in a clear, conversational style with explained examples, it's the perfect resource for anyone looking to gain control over financial statements.
This concise and friendly guide covers 17 crucial financial ratios, each detailed with its formula, a worked example, and guidance on interpretation. Whether you're a novice or seasoned investor, this book empowers you to add value to your business and investments through proficient financial analysis.
Ideal for business owners, investors, and students, "Ratio Analysis Fundamentals" is a must-read for anyone eager to enhance their financial literacy and make informed decisions.
What's New in the 2nd Edition:
- Revised and improved content in many sections as a result of the author's further research
- Updated formatting to assist reading experience on mobile devices
- Removal of spelling and grammatical errors to reduce confusion and improve professionalism
Author Biography
My mission is to put academic accounting & finance knowledge, through technology, in the hands of businesspeople & investors. Axel Tracy has been educated in accounting and finance at two of Australia's leading universities: The University of Technology, Sydney (UTS) and The Australian National University. He is one of the top students at his current university (UTS) and is a member of the invitation-only Golden Key International Honours Society. Axel's GPA for accounting and finance subjects is 3.64 out of 4. From 2011 till recently he was employed by UTS to run PASS Sessions for the 2nd-year accounting subject Accounting Standards and Regulations. This involved teaching undergraduate accounting students in a subject that has a high failure rate (Axel scored a High Distinction in this particular subject). Accounting Standards and Regulations is a financial accounting subject that involves Australia's current implementation of the International Financial Reporting Standards. Axel has also been employed by UTS to be a one-on-one tutor in the subject of Accounting for Business Combinations. This is another 2nd-year financial accounting subject involving the accounting treatment of corporate groups, joint-ventures and associates. His passion for financial markets has led his self-directed study about the 'value investing' philosophy, an investment approach originating from the Columbia Business School in the 1920s. He has also studied trading tactics and systems, however his greatest investment success has come from the former value investing approach. Axel is happy being a small business operator (and hopes to make this business big) and his first business was launched when he was 25 years old. Axel currently lives in Sydney, Australia, but hopes to live in many cities in the years to come. "A little later than many, I found the reason for coming into this world. It was to become an entrepreneur and spread the accounting and finance knowledge that I had learned since 2003. I greatly enjoy teaching and helping others see the beauty of accounting and finance. I love accounting and finance...and I want you to feel the same way too! And if I can't get you to love them, then my books want to help you take those initial steps in your knowledge journey, so you can be armed with techniques and tools that will set you above the pack."
