Give an evaluation of SPRINT’s financial performance for the periods 2009, 2010, and 2011.

Business & Finance homework help| Business & Finance homework help

Sprint’s financial performance for the period between 2009 and 2011 has been generally positive. Over this three year period, Sprint saw significant growth in its market value from $9.6B to $15.4B; indicating that the company was able to successfully increase investor confidence & interest in their stocks during this time.

Furthermore, an analysis of their income statements reveals a steady increase in net income over these years – rising from -$3B to +$1.3B respectively – which indicates that they were able to effectively manage/streamline costs while also increasing revenues as a result of new products/services being offered.

The balance sheet presents an even more encouraging picture, with total assets increasing nearly 10% between 2009 & 2011 while total liabilities decreased by nearly 4%. Sprint has been able to maintain their debt levels while also investing in property/equipment, which allows them to remain productive.; allowing them to maintain liquidity & stability despite turbulent economic conditions during this same time frame.

Therefore it can be concluded that overall, Sprint’s financial performance for the periods between 2009-2011 has been satisfactory and should continue on this trajectory if further cost cutting measures are undertaken alongside revenue generating initiatives going forward.

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