Wednesday, September 3, 2008
Kingsmen spreadsheet
The figures in spreadsheet are more detailed, finally thought of a way to post it here. Did not analyse a lot on balance sheet cause Kingsmen have very low debts. ROA for this company is not very important as they depend on their designers to work on their contracts. In other words, their people are their assets which is why companies in this industry have very low margins. They pay a lot to keep their good designers.
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