Financial Analysis of Budd Canada, Inc. Analytical Essay by Annette
Financial Analysis of Budd Canada, Inc.
The following paper discusses the financial analysis of Budd Canada, Inc. located at 1011 Homer Watson Blvd., Kitchener, Ontario, N2C1L8.
# 6055
| 1,155 words
| 3 sources
| MLA
| 2002
| 
Published
on Feb 09, 2003
in
Business
(Accounting)
, Business
(Companies)
, Business
(Finance, Investment and Banking)
, Business
(Statistics)
, Canadian Studies
(Business Issues)
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Description:
This paper examines the profitability, leverage and liability of Budd Canada, a company in the business of supplying automotive components, specializing in the production of bumpers, chassis components and light truck frames.
From the Paper:
"This general industry trends also touched Budd Canada. The Corporation reported a $94.2 million dollar net loss as of September 30, 2001. Budd had mixed results this year due to the need to ramp-up production on its new state-of-the-art system in order to meet customer demand. Typically, the introduction of new equipment produces a negative financial effect initially. The 2001 losses were anticipated however early losses were greater than anticipated and a new management team was put into place. Traditional product lines declined, as order shifted to newer product lines."Cite this Analytical Essay:
APA Format
Financial Analysis of Budd Canada, Inc. (2003, February 09)
Retrieved April 01, 2023, from https://www.academon.com/analytical-essay/financial-analysis-of-budd-canada-inc-6055/
MLA Format
"Financial Analysis of Budd Canada, Inc." 09 February 2003.
Web. 01 April. 2023. <https://www.academon.com/analytical-essay/financial-analysis-of-budd-canada-inc-6055/>