Exxon Mobil Corporation

Paper Summary:

This paper presents a brief financial analysis of the Exxon Mobil Corporation, which ranks second on Fortune 500's list of America's largest corporations. The paper specifically conducts a ratio analysis and trend analysis for Exxon Mobil in order to analyze statistics for a given period and to provide insight into the company's long-term financial situation.

Outline:
Current Ratio
Quick (Acid-Test) Ratio
Inventory Turnover
Average Collection Period
Total Asset Turnover
Debt to Equity Ratio
Net Profit Margin
Price to Earnings Ratio

From the Paper:

"Inventory Turnover is an important ratio that reveals the number of times the average inventory is completely swapped-out, with a higher number indicating better efficiency at moving product. It is calculated by dividing cost of goods sold by average inventory (beginning + ending inventory divided by 2). Exxon Mobil reported, in millions, $284,334 and $281,658 for cost of goods sold; as well as 9404 and 10018 in average inventory, respectively, for the years 2005 and 2006.
"The resulting ratios are 30.24 for 2005 and 28.12 for 2006. This indicates a decrease in the rate of inventory turnover, but may not by itself indicate any particular problems; since many external factors may influence this ratio."

Sample of Sources Used:

• MSN Money (2007). Exxon Mobil Corporation Financial Statements. Retrieved 19 July, 2007 from http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?Symbol=XOM
• Fortune Magazine (April 30, 2007). Fortune 500. Retrieved July 15, 2007 from http://money.cnn.com/magazines/fortune/fortune500/2007/full_list/index.html

More papers on Exxon Mobil Corporation:

• Case Study # 97777 : "Exxon Mobil Corporation"
• Research Paper # 91139 : "Exxon-Mobil Corporation"
• Case Study # 109036 : "Exxon Mobile Corporation"

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