Key Financial Ratios Analysis 2013-2015
Uploaded by
Veronica BaileyKey Financial Ratios Analysis 2013-2015
Uploaded by
Veronica BaileyFinancial Ratios
2013 2014 2015
Liquidity Ratios
Net working capital ($000) 152 268 198
Current ratio (times) 1.41 1.60 1.51
Cash ratio (times) 0.03 0.03 0.06
Quick ratio (times) 0.84 0.94 1.06
Working capital turnover ratio (times) 10.29 7.66 11.19
Days of working capital ratio 86.6 88.4 37.1
Cash conversation efficiency ratio
Using operating activities cash flow (percent) -1.2% 15.3%
Using profit for the year + deprec./amortization (percent) 4.6% 4.4% 11.7%
Debt/Coverage Ratios
Debt-to-total assets ratio (percent) 65.35 66.08 53.09
Debt-to-equity ratio (times) 1.89 1.95 1.13
Times-interest-earned ratio (times) 4.79 2.79 3.40
Fixed-charges-coverage ratio (times) 2.33 1.94 2.76
Asset-Management Ratios
Accounts receivable performance measures
Average collection period (days) 69.55 71.15 46.94
Accounts receivable turnover (times) 5.25 5.13 7.78
Inventory performance measures
Turnover performance measures
Using cost of sales (times) 5.75 5.29 8.11
Using revenue (times) 7.45 6.91 12.66
Day's sales to inventory performance measures
Using cost of sales (days) 64 69 45
Using revenue (days) 49 53 29
Asset ratios
Capital assets turnover ratio (times) 9.84 4.93 3.38
Total assets turnover ratio (times) 2.29 1.81 1.78
Profitability Ratios
Gross profit to revenue ratio (percent) 22.83 23.39 35.97
Operating income to revenue ratio (percent) 4.28 4.63 16.88
Profit for the year to revenue ratio (percent) 2.62 2.29 9.03
Return on total assets ratio (percent) 5.99 4.15 16.06
Return on invested capital ratio (percent) 13.18 6.87 23.42
Return on equity ratio (percent) 17.30 12.24 34.25
Template 10
Financial Ratios