General Electric Company Financial Analysis

In the history of corporations few companies have demonstrated the staying power and tenacity as General Electric (GE.). Of the companies that originally appeared when the Dow Jones Industrial Average was rolled out in 1896 only GE is still doing business today. (General Electric, 2007) GE’s 125 year run has not been spotless. GE, like any long lasting organization, has had many ups and downs. GE’s past has at times been glorious and at other times has been dark and manipulative.

Financial statements are vital for organizations to predict future profitability. Financial analysis is the evaluation of data to assist in investment and making financial decisions. Throughout this paper team “B” will cover different aspects from the Valley of the Sun United Way’s financial statements. In their financial statements we will review internal and external factors that may have affected them over the course of the fiscal year. We will also review any major increases or decreases they have experienced and

GE is recognized as one of the oldest and most successful companies in history. “The key to its success had been to combine massive size with constant adaptation. Over the decades, GE had adapted both its business portfolio and its management systems to the demands and opportunities of a changing world” (Grant, 2016). GE was not only a big successful company but, for many other diversified companies, it was also a “model of management” from its inception and through the 20th century. At the end of the 20th Century, GE had a legendary CEO, Jack Welch, who transformed the company’s portfolio from a manufacturing business to financial services. At the time of his retirement, GE Capital accounted for nearly half of GE’s revenue and the bulk of its assets (Grant, 2016).

Northrop Grumman has 2,393 patents and 568 pending patents. In order to provide a more manageable list, the patents were searched with the keywords “semiconductor,” “transistor,” and “microelectronic.” Using those keywords, the list was reduced to

We have already discussed the new plants organizations ethical and social obligations for the corporation on a global aspect, and the international management. Next our attention will be drawn to the finance and accounting for the plant (CFO). Organizations use financial statements to show how well they are performing in the market, and to convey with its stockholders and backers. In this memo, we will be examining key information in the new strategic financial project illustrate the several types of financial and accounting key functions.

General Electric (GE) is a multinational conglomerate based in the U. S. whose mission is to “build, power, cure, move, and connect the world” (Culture | GE Careers," n.d.). According to GE’s fact sheet ("Fact Sheet | GE.com," n.d.), the company is headquartered in Boston, Massachusetts and operates in 170 countries. These locations include five research and development centers, three of which include: Bangalore, India; Munich, Germany; and Niskayuna, USA ("GE Global Research Locations | GE Global Research," n.d.). These three nations are members of the International Monetary Fund (IMF) and the World Trade Organization (WTO) ("World Factbook — Central Intelligence Agency," n.d.). All three are also members of the World Bank ("Member Countries," n.d.).

In this paper, provide a rationale for the U.S. publicly traded company that has been selected, indicating the significant factors driving your decision as a financial manager. Determine the profile of

General Electric is a highly diverse corporation, manufacturing a wide variety of goods from light bulbs and appliances to aircraft engines and nuclear weapons. GE enjoyed national recognition as a model of American industry, as well as rising profits

General Electric’s next strength as a company is the amount of cash and liquid funds it currently has. According to the YCharts site, “General Electric currently has 137 billion in liquid funds” (YCharts, 2014). This is one of GE’s strengths as they are able to recruit and buy other companies with that money which also would be an opportunity for them. The cash on hand helps them out if there is another recession as General Electric would have that money to help counter any loss of profits and be able to inject that money into the company.

In our opinion, the consolidated financial statements appearing on pages 60, 62, 64, 66–114 and the Summary of Operating Segments table on page 34 present fairly, in all material respects, the financial position of GE as of December 31, 2009 and 2008, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2009, in conformity with U.S. generally accepted accounting principles. Also, in our opinion, GE maintained, in all material respects, effective internal control over financial reporting as of December 31, 2009, based on criteria established in Internal Control — Integrated Framework issued by COSO (KPMG).

General Electric, as seen in the equation above, looks at what the world needs, finds a better way to produce that need and does all of this with a relentless drive to invent and build things that matter. And this equation equals a world that will work better. GE takes pride in the over all quality of their products and wants stakeholders to know that they are very customer driven and will put the customer first and foremost. In the GE work equation, they do not reference the teamwork, customer, excellence and other attributes they may have, but they do focus on markets served, citizenship, employees, and their self-concept.

Analysis - GE has likely been so successful over the years because of its ability to foresee major trends and capitalize upon them. In the 1960s, for instance, GE was one of the eight major computer companies. Even recently, since 1986, GE has continued to acquire several organizations; portions of NBC, wind manufacturing, universe pictures, aerospace industries, international firms, software and hardware manufacturing, even oil companies abroad. The company culture describes itself as not one company, but many each unit a vast and complex enterprise in and of itself, with a corporate

General Electric (GE) occupied the eighth spot on Fortune 500’s list of companies at the close of 2013. While number eight was a slide from 2012’s number six GE maintains its position, as one of the world’s largest and most influential corporations. Today, GE’s operates in over 160 countries and is led by Jeffery Immelt. During 2013 GE reported, total revenues approached 147 billion USD and profits around 13.6 billion USD. (CNNMoney, 2013). GE appears in textbooks from the third grade through the PhD. Level of the world’s best business and engineering

If you take a deeper look each business has their own competitors. Almost every GE business competes with Siemens, GE Healthcare has strong competition from Philips and GE Aviation competes with Vestas to win the market. As we peel down GE you will identify one or two strong competitors, recognized brands and quality products. GE is a business that experiences constant competition and to stay above the competitor’s brand recognition alone will not do it, they must differentiate their products by offering quality and competitive prices.

This case study follows General Electric, and the transformation that company made over two decades of business. General Electric was founded in 1878 by Thomas Edison, and according to the case study, “[GE] grew from its early focus on the generation, distribution, and use of electric power to become, a hundred years later, one of the world’s leading diversified industrial companies” (Wozny, 2005, p.1). General Electric grew its name in business through their work in power generation, lighting, and household appliances. The case study also mentions that General Electric worked with aircraft engines, medical systems, and diesel motors. GE was a company that was constantly changing and adapting. It was in the 1950s, that the company had delegated work to hundreds of managers for different departments of the company. In 1973 a new CEO came up the ranks of the company, Reg Jones inherited the company and started a complete reorganization. According to the case study, Reg Jones started by