Studying the company's investment process
The company's financial circuit and its stakeholders

When investing, it is important to ensure that the amount invested generates sufficient operating income to pay tax and remunerate capital providers.

Analysis of the investment cycle focuses on :

• the nature and scale of investments made ;

• the profitability of these investments.

The investment cycle (Tool 4 ) illustrates this process.

This is a long cycle for the company. It generates substantial financing needs. It corresponds to the acquisition of fixed assets...