Financial Analysis of XYZ Hotel Public Company Limited and Subsidiaries

Abstract

     The objective of this study was to analyze the financial position and performance of the company in tourisms and leisure sector, service industry group. The sample group by purposive sampling of this study was one company, namely XYZ Hotel Public Company Limited and subsidiaries. The study tools included common size analysis, trend analysis and financial ratio analysis using secondary data from annual financial statements of XYZ Hotel Public Company Limited and subsidiaries since 2015 - 2019. The results showed that the overall performance of the company is satisfactory. Non-current assets had continued to decline. Shareholders' equity increased to a level greater than liabilities. Even though the ability to control selling, general and administrative expense had decreased, the company still posted a higher net profit compared to the base year. The liquidity ratio remained low but had improved. The efficiency ratio of accounts receivable had improved but the efficiency of inventories, total assets and fixed assets decreased slightly. The better debt ratio, as well as the marketability ratio but had been reduced in 2019.