Irobot Analysis

iRobot Financial Statement Analysis iRobot Corporation: iRobot designs and builds robots that make a difference. iRobot was founded in 1990 when Massachusetts Institute of Technology robot cists Colin pitch and Helen Greiner teamed up with their professor Dr. Rodney Brooks with the vision of making possible robots a reality. In 2010, iRobot generated more than $400 million in receipts and employed more than 600 of the robot industrys exculpate professionals, including mechanical, electrical and software engineers and related support staff. iRobot business trades on the NASDAQ stock market under the ticker type IRBT. latest proportion: on-line(prenominal) Assets 2011 206,593 = 2.72 Current Liabilities 75,840 2010 159,011 = 2.55 62,376 2008 123,995= 3.13 39,558 2007 146,605 = 2.50 58,865 From current Ratio, we can come extinct that basically, it increased gradually from 2.50, in 2007, to 2.72, in 2011, except in 2008, 3.13. It performed very well in these years, more than 2.0, and its tendency was wishing better and better from 2007 to 2011. The year of 2008 is very special, because of the financial crisis, therefore, it should non be considered very seriously. The current ratio also showed the cooperation lay out very solidly, there was no any fluctuation.

! Quick Ratio Current Assets-Inventories 2011 206,593-5,246 = 2.65 Current Liabilities 75,840 2010 159,011- 2,154 = 2.51 62,376 2008 123,559 10.622 = 2.85 39,558 2007...If you want to get a intact essay, order it on our website: OrderEssay.net

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