Cooper Tire & Rubber Company: Automotive Company Profile, SWOT & Financial Report

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Cooper Tire & Rubber Company: Automotive Company Profile, SWOT & Financial Report Powered By Docstoc
					Cooper Tire & Rubber Company

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Cooper Tire & Rubber Company                                                    Financial Snapshot

                                                                                Operating Performance
Fast Facts
                                       701 Lima Avenue, Findlay, 45840,United   The company reported revenue of US$3,360.98
Headquarters Address
                                       States of America                        million during the fiscal year 2010 (2010). The
                                                                                company's revenue grew at a CAGR of 6.88% during
Telephone                              + 1 419 4231321
                                                                                2006–2010, with an annual growth of 20.94% over
                                                                                2009. In 2010, the company recorded an operating
Fax                                    + 1 419 4244108                          margin of 4.76%, as against 4.16% in 2009.

Website                                www.coopertire.com
                                                                                Revenue and Margins
Ticker Symbol, Stock Exchange          CTB, New York Stock Exchange

Number of Employees                    12,898

Fiscal Year End                        December

Revenue (in US$ million)               3,360.98




SWOT Analysis

Strengths                              Weaknesses                               Return on Equity

Efficient inventory management         High dependence on North America         The company recorded a return on equity (ROE) of
                                                                                30.48% for the fiscal year 2010, as compared to its
Focus on research & development                                                 peers, Michelin SCA (Ticker: AMGN), Bridgestone
(R&D)                                                                           Corporation (Ticker: 5108) and The Goodyear Tire &
                                                                                Rubber Company (Ticker: GT), which recorded ROEs
Improved financial performance                                                  of 12.90%, 8.66% and -33.54% respectively.
                                                                                Furthermore, the company reported an operating
                                                                                margin of 4.76% in 2010.
Opportunities                          Threats
Positive outlook for the global tire                                            Return on Equity
                                       Challenge of environmental regulations
industry

Quality improvement programs           Foreign exchange risks

Strategic investment                   Growing competition




                                                                                Liquidity Position

                                                                                The company reported a current ratio of 1.93 in 2010,
                                                                                as compared to its peers, Michelin SCA, Bridgestone
                                                                                Corporation and The Goodyear Tire & Rubber
                                                                                Company, which recorded current ratios of 1.99, 1.46
                                                                                and 1.52 respectively. As of December 2010, the
                                                                                company recorded cash and short-term investments
                                                                                of worth US$413.36 million, against US$5.88 million
                                                                                current debt. The company reported a debt to equity
                                                                                ratio of 1.03 in 2010 as compared to its peers,
                                                                                Michelin SCA, Bridgestone Corporation and The
                                                                                Goodyear Tire & Rubber Company, which recorded
                                                                                debt to equity ratios of 0.51, 0.58 and 7.37
                                                                                respectively.




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Cooper Tire & Rubber Company - SWOT Profile                                                                            Page 1
Cooper Tire & Rubber Company

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 5
    1.1       Company Overview ................................................................................................................................................5
    1.2       Business Description ..............................................................................................................................................5
    1.3       Major Products and Services .................................................................................................................................6
2     Analysis of Key Performance Indicators ............................................................................................... 7
    2.1       Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
    2.2       Key Financial Performance Indicators .................................................................................................................10
      2.2.1       Revenue and Operating Profit .........................................................................................................................10
      2.2.2       Asset, Liabilities and Capex .............................................................................................................................11
      2.2.3       Net Debt vs. Gearing Ratio ..............................................................................................................................12
      2.2.4       Operational Efficiency ......................................................................................................................................13
      2.2.5       Solvency ..........................................................................................................................................................14
      2.2.6       Valuation ..........................................................................................................................................................15
    2.3       Competitive Benchmarking ..................................................................................................................................16
      2.3.1       Efficiency ..........................................................................................................................................................16
      2.3.2       Capital Expenditure ..........................................................................................................................................17
      2.3.3       Turnover – Inventory and Asset .......................................................................................................................18
      2.3.4       Liquidity ............................................................................................................................................................19
3     Recent Developments .................................
				
DOCUMENT INFO
Description: ICD Research's "Cooper Tire & Rubber Company: Automotive Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview, business description, competitive benchmarking, SWOT analysis, key facts, information on products and services, details of locations and subsidiaries, plus information on key news events affecting the company.
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