Question
Calculate the WACC WACC = Cost of Equity x Equity% + Cost of Debt x Debt% - (1 - Tax Rate) Figure I ($ Millions)
Calculate the WACC
WACC = Cost of Equity x Equity% + Cost of Debt x Debt% - (1 - Tax Rate)
Figure I
($ Millions) | 2018 | 2019 | 2020 |
Current Assets |
|
|
|
Cash | 42.62 | 27.46 | 146.73 |
Receivables | 5.0 | 5.37 | 5.76 |
Prepaid Expenses | 0.55 | 0.45 | 1.37 |
Inventories | 50.20 | 75.85 | 112.88 |
Investments | 0.57 | 0.38 | 0.00 |
NCA Held Sale | 0.00 | 0.00 | 0.00 |
Other | 0.11 | 0.03 | 0.03 |
Total Current Assets | 99.04 | 109.54 | 266.77 |
Current Liabilities |
|
|
|
Account Payable | 45.36 | 51.73 | 82.87 |
Long Term Debt | 0.00 | 0.56 | 1.99 |
Provisions | 4.71 | 5.36 | 9.74 |
NCL Held Sale | 0.00 | 0.00 | 0.00 |
Other | 7.32 | 7.73 | 20.39 |
Total Current Liabilities | 57.39 | 65.38 | 114.99 |
Figure II
($ Millions) | 2018 | 2019 | 2020 |
Total Debt | 58.10 | 67.42 | 116.02 |
Total Assets | 105.98 | 118.40 | 280.04 |
Long Term Debt | 0.00 | 0.69 | 0.45 |
Total Equity | 47.88 | 50.98 | 164.02 |
Figure III
($ Millions) | 2018 | 2019 | 2020 |
Total Sales | 389.88 | 418.12 | 461.25 |
Net Income | 14.11 | 17.20 | 26.82 |
Gross Profit | 21.01 | 23.40 | 38.85 |
Total Assets | 105.98 | 118.40 | 280.04 |
Total Equity | 47.88 | 50.98 | 164.02 |
Total Earnings | 413.61 | 438.70 | 497.90 |
Outstanding Shares | 93.47 | 93.73 | 103.53 |
Dividends | 0.00 | 0.00 | 0.00 |
Figure IV
$ Million | 2018 | 2019 | 2020 |
Sales | 389.88 | 418.12 | 461.25 |
Average Total Assets | 93.15 | 112.19 | 199.22 |
Average Account Receivables | 3.525 | 5.185 | 5.565 |
Average Accounts Payable | 36.93 | 48.55 | 67.3 |
Cost of Goods Sold | 331.732 | 348.01 | 371.4 |
Average Inventory | 44.97 | 63.03 | 94.37 |
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