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12/31/2018 12/31/2017 12/31/2016 12/31/2015 Current Assets Cash And Cash Equivalents 8,719,000 10,607,000 9,157,000 9,095,000 Short Term Investments 270,000 8,897,000 6,966,000 2,912,000 Net Receivables 7,140,000 7,021,000

12/31/2018 12/31/2017 12/31/2016 12/31/2015
Current Assets
Cash And Cash Equivalents 8,719,000 10,607,000 9,157,000 9,095,000
Short Term Investments 270,000 8,897,000 6,966,000 2,912,000
Net Receivables 7,140,000 7,021,000 6,693,000 6,436,000
Inventory 3,126,000 2,944,000 2,722,000 2,719,000
Other Current Assets 2,042,000 43,000 31,000 730,000
Total Current Assets 21,297,000 29,512,000 25,569,000 21,892,000
Long Term Investments 2,407,000 2,039,000 1,949,000 2,310,000
Property Plant and Equipment 17,587,000 17,237,000 16,590,000 16,316,000
Goodwill 14,806,000 14,741,000 14,429,000 14,176,000
Intangible Assets 15,823,000 13,835,000 13,432,000 13,080,000
Other Assets 5,122,000 910,000 635,000 749,000
Total Assets 77,042,000 78,274,000 72,604,000 68,523,000
Current Liabilities
Accounts Payable 7,211,000 6,724,000 6,157,000 5,545,000
Short/Current Long Term Debt 3,951,000 4,017,000 4,400,000 3,108,000
Other Current Liabilities 6,601,000 4,112,000 3,870,000 3,882,000
Total Current Liabilities 17,763,000 14,853,000 14,427,000 12,535,000
Long Term Debt 28,293,000 33,793,000 30,052,000 29,591,000
Other Liabilities 12,611,000 14,522,000 11,102,000 10,466,000
Total Liabilities 58,667,000 63,168,000 55,581,000 52,592,000
Stockholders' Equity
Total Stockholder Equity 18,375,000 15,106,000 17,023,000 15,931,000

Ratio Analysis

Attached are the financial statements for Smith Company, Inc. Use the financial statements to calculate the attached ratios. Write a couple sentences interpreting the ratio.

  • Calculate and interpret the following debt ratios: debt ratio, debt-equity ratio, and times interest earned.
  • Calculate and interpret the following profitability ratios: operating profit margin, net profit margin, return on assets, and return on equity.

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