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A company's years 2017 & 2018 . Current ratio 0.21 / 0.17 Acid-test ratio 0.09 / 0.07 Debt to Equity 1.45 / 1.55 Total Asset
A company's years 2017 & 2018.
- Current ratio 0.21 / 0.17
- Acid-test ratio 0.09 / 0.07
- Debt to Equity 1.45 / 1.55
- Total Asset Turnover 0.38 / 0.40
- Profit Margin 14.1% / 15.8%
- Return on Equity 13.2% / 16.0%
- Return on Assets 5.4% / 6.3%
based on those ratios, What do the results of your calculations indicate about the company? Are they profitable? Are they able to pay off their short or long term debt? Are Investors' returns increasing or decreasing etc.?
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