Based on the ratios presented, discuss the company's profitability trends. Please consider that inflation can adversely affect the company by increasing the costs of materials and labor, reducing its profit margins

2022 2021 2020 2019 2018 LIQUIDITY RATIOS: Current Ratio: Current Assets / Current Liabilities 1.14 1.58 1.55 1.88 1.83 Quick Ratio: (Current Assets - Inventory) / Current Liabilities 0.31 0.85 0.70 0.62 0.57 ASSET MANAGEMENT RATIOS: Inventory Turnover = cost of goods sold / average inventor 3.17 3.25 3.23 2.96 2.81 Number of days in inventory = 365 / inventory turnover 115.15 112.39 112.92 123.20 130.11 Total Assets Turnover = sales revenue / average total assets 1.36 1.30 1.55 1.77 1.78 SOLVENCY RATIOS: Times Interest Earned Ratio: EBIT / Interest expense -6.30 -4.38 0.00 0.00 16.32 Debt/TA ratio 0.97 0.80 0.77 0.61 0.59 Debt/Equity ratio 28.46 4.06 3.41 1.57 1.44 PROFITABILITY RATIOS: Operating Return on Assets = EBIT / total assets -0.08 -0.05 -0.09 -0.01 0.11 Net Return on Assets = Net income / total assets -0.11 -0.02 -0.08 -0.02 0.06 Return on Equity = Net income / equity -3.21 -0.12 -0.35 -0.05 0.15 Gross Profit Margin ratio = gross profit / sales revenue 0.32 0.34 0.32 0.34 0.36 Operating Profit Margin = EBIT / sales revenue -0.05 -0.04 -0.06 -0.01 0.06 Net Profit Margin = net income / sales revenue -0.07 -0.02 -0.06 -0.01 0.03