Carrefour group: Case study
- Introduction to the ?Carrefour Group?
- Presentation of the company
- Presentation of the shareholder's
- Financing and capital structure
- Kind of financing
- Ratios and analysis
- Capital structure
- Dividend policy
- Does the company pay dividend? How much?
- Calculate the dividend per share
- Dividend yield
- Payout ratios
According to ?Carrefour? financial reports ?Carrefour? particularly relies on both ?Borrowing? and ?Shareholder's equity? at approximately the same level. If we look closer at the charts we can notice that:
-In 2007 shareholder's equity was up to 11,770 million Euros, down to 10,952 million Euros in 2008 and back up to 11,115 million Euros, therefore it is a pretty stable equity.
-As far as borrowings were concerned they were up to 11,523 million Euros in 2007, then up to 12,214 million Euros in 2008 and down to 11,812 million Euros in 2009, therefore they gave kept their borrowings steady. We can therefore conclude that ?Carrefour? both relies equally on borrowings and shareholder's equity to raise finance and raise funds for the company, as they definitely are the main types of financing for this company.