ANNIE'S, INC. Financial Analysis and Rating
Comparison Analysis Based on SEC Data
| Company Name | ANNIE'S, INC. |
| Industry (SIC) | 20 - Food And Kindred Products |
| Revenue in 2013 | $204,104 thousand (ranked #62 out of 118 companies in the industry) |
| Assets as of 3/31/2014 | $103,641 thousand (ranked #64) |
| Analyzed report | 6/30/2013 (filed 8/08/2013) |
Year:
Financial Position and Performance Annual | Quarterly
| Compared with Q2 2013 industry ratios | Change during the quarter |
|---|---|
|
better |
improved |
| Compared with all listed companies |
|---|
|
much better |
Financial Ratios Benchmarking
| Financial Ratio | Comparison of company ratios for 6/30/2013 | ||
|---|---|---|---|
|
with Q2 2013 industry ratios (20 - Food And Kindred Products) |
with all listed companies | ||
| Solvency Ratios | |||
| Debt ratio |
0.17
0.64
|
0.17
0.64
|
|
| Debt-to-equity ratio |
0.21
0.54
|
0.21
0.62
|
|
| Interest coverage ratio |
48.75
1.56
|
48.75
1.75
|
|
| Liquidity Ratios | |||
| Current Ratio |
3.08
1.58
|
3.08
1.54
|
|
| Quick Ratio |
1.25
0.79
|
1.25
1.09
|
|
| Cash Ratio |
0.12
0.16
|
0.12
0.35
|
|
| Profitability Ratios | |||
| Profit margin |
5.2%
2.3%
|
5.2%
2.5%
|
|
| ROE (Return on equity), after tax |
12.1%
-1%
|
12.1%
-1.5%
|
|
| ROA (Return on assets) |
9.4%
0.6%
|
9.4%
0.4%
|
|
| Activity Ratios | |||
| Asset turnover (days) |
203
357
|
203
533
|
|
| Receivables turnover (days) |
41
32
|
41
47
|
|
| Resulting score | +1,0 | +1,4 | |
Year:
Additional Ratios (not used in score calculation)
| Financial Ratio | Comparison of company ratios for 6/30/2013 | ||
|---|---|---|---|
|
with Q2 2013 industry ratios (20 - Food And Kindred Products) |
with all listed companies | ||
| Profitability Ratios | |||
| Gross margin |
37.8%
32.9%
|
37.8%
39.2%
|
|
| Operating margin (Return on sales) |
8.9%
4.1%
|
8.9%
6.9%
|
|
| Activity Ratios | |||
| Inventory turnover (days) |
63
64
|
63
69
|
|
| EBIT | $3M | ||
| EBITDA | $4M | ||
| Price Ratios | |||
| Earnings per Share (basic) | $0.12 | ||
| Earnings per Share (diluted) | $0.12 | ||
Auditor's Conclusion
We have performed a comparative analysis of the balance sheet and income statement of ANNIE'S, INC. (hereafter – the "Company") for Q2 2013 as filed with the U.S. Securities and Exchange Commission (SEC). The primary business activity of the Company is "Food And Kindred Products" (SIC code 20). In our analysis, we compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the Company's specific industry sector and for all companies. The averages were calculated using data from Q2 2013 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). By comparing each of the eleven key metrics to the median, we have reached an overall conclusion about the quality of the Company's financial condition. All calculations and conclusions were performed using software and methodologies developed by ReadyRatios.
Based on our analysis of the Company's key financial ratios, we have determined the following. The financial condition of ANNIE'S, INC. in 2013 is better than the typical financial condition of companies in the "Food And Kindred Products" industry.
Because the industry average ratios for this type of business are higher than the non-industry-specific ratios, the Company shows a better result when compared to all businesses. The financial position of ANNIE'S, INC. is much better than that of most listed companies that file financial statements with the U.S. Securities and Exchange Commission.
Financial Position and Performance History
More on ANNIE'S, INC.
Closest Competitors
| Company | USD ($), in Millions | |
|---|---|---|
| Revenue | Assets | |
| B&G Foods, Inc. | 725 | 1,484 |
| Boulder Brands Inc | 461 | 775 |
| Nutrastar International Inc | 43 | 121 |
| Tingo Group, Inc. | 36 | 43 |
Financial Data Source and Analysis Principles
The above is a comparative analysis of the company's financial position and performance. The comparison is based on official financial statements filed with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) (about 10,000 largest publicly traded companies). The comparison is made using the eleven key financial ratios (see the table above). The company's financial ratios are compared with the median of the ratios for all companies and for companies in the same industry, as well as to the quartiles of these ratios. Each ratio value is assigned a score between -2 and +2 depending on its position relative to the quartiles (-2 – below the first quartile; -1 – between the first and the second quartile; +1 – between the second and the third quartile; +2 – above the third quartile; 0 – the ratio value deviates from the median by no more than 5% of the difference between the median and the quartile closest to the ratio value). To draw a conclusion from the analysis, the individual scores are weighted equally to produce an overall score ranging from -2 and +2.
| much better (+1 - +2incl) | |
| better (from 0.11 to +1incl) | |
| about the same (from -0.11incl to +0.11incl) | |
| worse (from -1incl to -0.11) | |
| much worse (from -2incl to -1) |
Change during the year is calculated by comparing the resulting score of financial position within the industry with the last year's (quarter's) score. The result of the comparison may be as follows:
| significantly improved (positive change of more than 1 point) | |
| improved (positive change of less than 1 point) | |
| unchanged (little or no change in score, no more than 0.11 points) | |
| deteriorated (the score has decreased by less than 1 point during the year) | |
| deteriorated significantly (the score has decreased by more than 1 point during the year) |
Please note that this analysis does not indicate that the company's financial position is good or bad, but rather describes it in comparison to other U.S. businesses. For a detailed financial analysis, please use "ReadyRatios Financial Analysis" - load the data into the program>>