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Companies for SIC 2851 - Paints, Varnishes, Lacquers, Enamels & Allied

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Industry Averages (Norms, vital statistics, Numbers, ratios)

Sample industry: SIC 2851

Are you considering entering this industry as an investor or Business Owner?

Here are the other vital need to know information:

I) Significant balance sheet accounts:

II) Significant income statement accounts

III) Significant Cash flow statement accounts

IV) Legal proceedings, litigations plaguing the industry creating a bar to entry

V) Government restrictions and license

VI) Competition you will be up against

VII) Significant raw materials or service required and restrictions

VII) Recent accounting pronouncements affecting financial statements

Here are the other vital need to know information:

I) Significant balance sheet accounts:	Industry Average as a Percent of sales
Current asset accounts you will have when you start
Account Receivable	14.15%
Inventory	7.76%
Cash	3.96%
Non-current current asset accounts
Property Plant & Equipment	20.24%
Goodwill	18.21%
Current liability accounts
Accounts payable	9.14%
Non-current liability accounts
Long term Debt	28.46%
II) Significant income statement accounts
Income accounts
Coating	22.67%
Paint	11.74%
Cost of sale accounts
CGS	50.88%
Loss/Expense accounts
General & Administrative	29.40%
Depreciation & Amortization	1.50%
Research & Development	3.25%
Interest expense	2.88%
III) Significant Cash flow statement accounts
Net cash Provided (used in) operating activities	-5.13%
Net cash provided by (used in) investing activities	-3.04%
Net cash provided (Used in) by financing activities	9.64%

IV) Legal proceedings, litigations plaguing the industry creating a bar to entry:	None
A) Lawsuits involving claims alleging personal injury from exposure to asbestos	None
B) Various claims relating to environmental and waste disposal matters	None
V) Government restrictions and license	None
EPA and clean air act	None
VI) Competition you will be up against	None
Price	None
VII) Significant raw materials or service required and restrictions	None
A) There is construction slow-down in primary distribution markets	None
B) Rising raw material prices and supply shortages	None
C) The raw materials are derived from petrochemicals, minerals and metals. Obtained in the open market.	None
D) Higher crude oil and natural gas prices result in higher prices for raw materials.	None
VII) Recent accounting pronouncements affecting financial statements	None
A) FASB issued SFAS No. 132 (revised 2003) Employers' Disclosures about Pensions and Other Post-retirement Benefits	None