Crane group has continued to develop and enhance its manufacturing capabilities. Starting in the mid 1990s the company has some success as it revamped its network distribution op- erations. This study identifies whether this company has a strong financial fundamentals and whether investment in the company will be of a long term nature. Its financial statements had been analysed during 5 year period (2004 2008). The data were compiled from Annual reports ASX historical information Government reports Media Items and Website Data. The analysis will cover companys recent financial position performance and cash flow including liquidity profitability short-term asset management risk leverage and capital structure and trend and horizontal analysis over the last five years. It shows that the past financial position performance and cash flow have no guarantee for future performance. In addition this report considers that this company has the fundamental criteria required for long term investment. It is recommended that the client monitor the position in 6-12 months in light of the share price at that time the capital markets and ongoing evidence of Crane Group Limiters sales growth in the weakening economy. It cannot be stated that the com- pany is immune to an economic downturn. Crane Group has delivered dividends consistently over the last few years. pdf