Financial Analysis Project

Day 1
You and your accounting team are asked to do a deep dive into an industry sector. Please follow
the below steps in order to conduct preliminary research on this industry sector and the
businesses that operate within it.

1. Name of company:
Eli Lilly & Co.

2. Visit the company’s website AND their annual 10k report (click here to search for their annual
10k) and answer the following:
a. Website Link:
https://www.lilly.com/

b. Annual 10k Report Link:

https://www.sec.gov/ix?doc=/Archives/edgar/data/59478/000005947823000082/lly-2
0221231.htm

c. What is their mission statement?

“Lilly unites caring with discovery to create medicines that make life better for
people around the world.”

d. Who is their CEO, CFO, COO, CIO, CMO?

CEO - David A. Ricks
CFO - Anat Ashkenazi
COO - Kevin Duffin
CIO - Diogo Rau
CMO - Dan Skovronsky

e. About the company:

Founded by Colonel Eli Lilly in 1876 in Indianapolis, who wanted to create
medicines that were reliable in a time where medicines off the street sold by
suspicious people were not dependable. They were the first company to distribute the
Salk Polio vaccine globally. Eli Lilly & Co. has over 38,000 employees worldwide
with markets across 55 different countries. They mostly sell pharmaceuticals related
to diabetes while also selling pharmaceuticals related to cancer, immunology, and
pain relief. Their yearly revenue is about 28 million dollars per year.

3. Visit Yahoo Finance and answer the following:

a. What is the ticker symbol?
 LLY
https://finance.yahoo.com/quote/LLY?p=LLY&.tsrc=fin-srch

b. Fill in the chart below:

2022 2021 2020

Debt Ratio 0.78 0.81 0.88

Current Ratio 1.05 1.23 1.40

Gross Profit Percentage 77% 74% 78%

Acid Test Ratio/ Quick Ratio 0.8 0.81 0.78

4. Please find a current event and answer the following:

a. Current Event link:
https://www.bisnow.com/national/news/life-sciences/16b-eli-lilly-factory-investment-
underscores-big-movement-in-biomanufacturing-118639

b. Two key points from the current event:

1. $1.6 billion investment in Lebanon Research event
2. Will create 200 additional jobs for people