Find the following financial ratios for Smolira Golf (use year-end figures rather than average values where appropriate):

Question:

Short-term solvency ratios

a. Current ratio _______________________

b. Quick ratio _______________________

c. Cash ratio _______________________

Asset utilization ratios

d. Total asset turnover _______________________

e. Inventory turnover _______________________

f. Receivables turnover _______________________

Long-term solvency ratios

g. Total debt ratio _______________________

h. Debt equity ratio _______________________

i. Equity multiplier _______________________

j. Times interest earned ratio _______________________

k. Cash coverage ratio _______________________

Profitability ratios

1. Profit margin _______________________

m. Return on assets _______________________

n. Return on equity_______________________

Solvency
Solvency means the ability of a business to fulfill its non-current financial liabilities. Often you have heard that the company X went insolvent, this means that the company X is no longer able to settle its noncurrent financial... Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio. Financial Ratios
The term is enough to curl one's hair, conjuring up those complex problems we encountered in high school math that left many of us babbling and frustrated. But when it comes to investing, that need not be the case. In fact, there are ratios that,...