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analyze the following Profitability ratios. Does the company look like its in good health? Profitability Ratios 2020 2021 2022 Return on Sales Net Income 14%
analyze the following Profitability ratios. Does the company look like its in good health?
Profitability Ratios | 2020 | 2021 | 2022 | |
Return on Sales | Net Income | 14% | 10% | 18% |
Net Sales | ||||
Return on Assets | Net Income | 7% | 11% | 19% |
Total Assets | ||||
Return on Equity | Net Income | 18% | 31% | 73% |
Total Equity | ||||
Risk Ratios | ||||
Debt Ratio | Total Liabilities | 0.1 to 1 | 0.1 to 1 | 0.1 to 1 |
Total Assets | ||||
Debt to Equity Ratio | Total Liabilities | 0.1 to 1 | 0.1 to 1 | 0.2 to 1 |
Owner's Equity |
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