Financial management comparative study on the financial performance of grepalife asset management and cocolife asset management company Maricar A. Angustia, Camille Liza M. Atis, Kimberly Fae A. Iladia, Diane Grace S. Miranda

Thesis BSBA-FM University of Rizal System, Binangonan 2017

includes bibliographical references

This study is entitled "Comparative Study on the Financial Performance of Grepalife Asset Management Corporation and Cocolife Asset Management Company". It aims to compare the financial performance of two companies namely Grepalife Asset Management Corporation and Grepalife Asset Management Company. The researchers used the audited financial statements of Grepalife Asset Management Corporation and Cocolife Asset Management Company which will be collected from SEC. These financial statements are Statement of financial position and Statement of Comprehensive Income from Year 2012-2014. On the other hand, the researchers used related local and foreign literature s and studies, articles and journals which considered secondary sources of data. These were used in comparing two mutual fund corporations, Grepalife Asset Management Corporation and Cocolife Asset Management Company, and evaluate performance overtime from Years 2012-2014, these methods involved in the collection of financial statements from SEC. Based on the presentation, analysis, and interpretation made, the researchers summarized and concluded that when it comes to profitability and efficiency of a company, Cocolife Asset Management Company is the one who has a better performance compared to the other company which is Grepalife Asset Management Corporation. It means that Cocolife Asset Management Company was able to use their assets in generating income. And because Cocolife Asset Management Company was efficient in producing revenues they were also able to give dividends to their stockholders. While when it comes to debt utilization, debt ratio and equity debt ratio, Grepalife Asset Management Corporation is the one who has a better performance compared to Cocolife Asset Management Company. In respective Years, Grepalife Asset Management Corporation was able to reduce their liabilities and meet their short-term obligations and most of their capital was provided by the owners and not from the creditors. Based on the findings the following suggestions and recommendations are hereby recommended: both corporations should see to it that they provide sufficient and adequate cash and cash equivalent in order to meet the requirements for the entire business operation; Cocolife Asset Management Company must create new business strategies that will decrease the percentage of collectibles/receivables; Grepalife Asset Management Corporation must lower its payable and expenses in order to generate higher profit and increase retained earnings; on the other hand, the future researchers must use other parameters that will measure the financial performance of an institution.