Question
Calculate following ratios for five years (data given):- Current ratio Quick ratio Inventory turnover Daily sales outstanding (DSO) Fixed assets turnover Total assets turnover Debt
Calculate following ratios for five years (data given):-
Current ratio
Quick ratio
Inventory turnover
Daily sales outstanding (DSO)
Fixed assets turnover
Total assets turnover
Debt ratio
Time interest earned
Operating margin
Profit margin
Basic earning power
Return on assets
Return on equity
P/E ratio
Market price / Book value
ROE using Dupont equation
MUST DO RATIOS ANALYSIS AND IDENTIFY THE RATIOS TREND (INTRA COMPANY). Compare the ratios with industry trend (FMCG industry in pakistan). Computatation must be accompanied with analysis
Profit and Loss items (Millions) | |||||||||
In Millions | |||||||||
2012 | 2013 | 2014 | 2015 | 2016 | |||||
Net sales | 40,169 | 37,891 | 43,027 | 49,834 | 44,346 | ||||
Cost of sales | (29,848) | (29,748) | (34,926) | (38,303) | (34,307) | ||||
Gross profit | 10,321 | 8,143 | 8,101 | 11,531 | 10,039 | ||||
Operating profit | 4,823 | 2,174 | 2,328 | 5,150 | 3,866 | ||||
Finance cost | (903) | (785) | (1,237) | (856) | (348) | ||||
Profit before tax | 3,920 | 1,389 | 1,091 | 4,294 | 8,518 | ||||
Taxation | (1,326) | (297) | (394) | (1,132) | (1,131) | ||||
Profit for the year | 2,594 | 1,092 | 697 | 3,162 | 2,387 | ||||
Earning per share (basic and diluted) | 3.4 | 0.28 | 1.16 | 4 | 3 | ||||
Market price per share | 98.14 | 104.44 | 108.54 | 147 | 192 | ||||
Book value per share | 13.17 | 13.98 | 15.1 | 19 | 22 |
In Millions | |||||||||
Balance Sheet items (Millions) | 2012 | 2013 | 2014 | 2015 | 2016 | ||||
Property plant and equipment | 10,958 | 14,505 | 15,022 | 13,860 | 13,121 | ||||
Intangibles | 105 | 123 | 112 | 54 | 44 | ||||
Deferred employee share option scheme | - | 169 | 113 | 147 | 55 | ||||
Other fixed assets | 1,613 | 1,236 | 967 | 1,169 | 1,026 | ||||
Total non current assets | 12,676 | 16,033 | 16,214 | 15,230 | 14,246 | ||||
Cash and Cash equivalents | 422 | 557 | 197 | 289 | 703 | ||||
Inventory | 3,495 | 3,084 | 3,698 | 3,071 | 3,764 | ||||
Trade debts | 149 | 154 | 96 | 118 | 70 | ||||
Other current assets | 5,447 | 4,217 | 5,494 | 7,577 | 5,930 | ||||
Total current assets | 9,513 | 8,012 | 9,485 | 11,055 | 10,467 | ||||
Total assets | 22,190 | 24,046 | 25,700 | 26,286 | 24,714 | ||||
Total Stockholder's Equity | 10,054 | 10,715 | 11,578 | 14,913 | 17,151 | ||||
Long term debt | 6,023 | 7,127 | 5,477 | 2,196 | 500 | ||||
Other long term liabilities | 1,670 | 1,548 | 1,188 | 1,817 | 1,606 | ||||
Total non current liabilities | 7,693 | 8,675 | 6,665 | 4,013 | 2,106 | ||||
Current liabilities | 4,441 | 4,655 | 7,457 | 7,360 | 5,457 | ||||
Total Debt and Equity | 22,190 | 24,046 | 25,700 | 26,286 | 24,714 |
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