The Financial Statement Analysis of Johnson and Johnson

• DOI: 10.54097/hbem.v10i.8031
• Publication Date: 2023-05-11T08:27:50Z
• Authors: Ziyi Liu
• Keywords: 0502 economics and business; 0401 agriculture, forestry, and fisheries

Johnson & is a group of companies that manufactures healthcare products, medical devices, and pharmaceuticals, has 100-year history being leader in the pharmaceutical industry. always had good reputation, but previous year suffered large amount product recalls. The original company's products did not meet quality requirements hygiene conditions manufacturing process were up to scratch. As result, Johnson's reputation greatly overall earnings have been affected, recent years, global pandemic Covid-19 led announcement another halt vaccine production. This essay will therefore examine whether these turmoils hit negative impact on financial situation over last five years by calculating analyzing ratio. Through analysis data ratios obtained, profits rise due its excellent marketing management strategies. It worthwhile company for investors invest in. However, long run, if does find way address damage improve increase consumer trust brand, then value still be downward slope.