Calculate these ratios for HCA for 2020.
LIQUIDITY
1. Working Capital =Current Assets - Current Liabilities
2. Current Ratio = Current Assets/Current Liabilities
3. Current Cash Debt Coverage Ratio =Cash Provided By Operations/Average Current Liabilities
4. Inventory Turnover Ratio = Cost of Goods Sold /Average inventory NOTE: SOME COMPANIES USE TERM COSTOF SALES INSTEAD OFCOST OF GOODS SOLD
5. Days in Inventory = 365 Days/Inventory Turnover Ratio
6. Receivables Turnover Ratio = Net Credit Sales/Average net Receivable NOTE: ASSUME ALL SALES ARE DONE ON CREDIT
7. Average Collection Period = 365 Days/Receivables Turnover Ratio
SOLVENCY
8. Debt to Total Assets Ratio = Total Liabilities/Total Assets
NOTE: ONE DOES NOT COMPUTE THIS RATIO IF CASH FROM OPERATIONS IS NEGATIVE
9. Cash Debt Coverage Ratio =Cash Provided by Operations/ Average Total Liabilities
10. Times Interest Earned Ratio =Net Income + Interest Expense + Tax Expense/Interest Expense
11. Free Cash Flow =Cash Provided by Operations-Capital Expenditures-Cash Dividends
PROFITABILITY
12. Earnings per Share = Net Income - Preferred Stock Dividends /Average Common Stock Shares Outstanding NOTE: SUBTRACT PREFERRED DIVIDENDS EVEN IF NOT DECLARE
13. Price Earnings Ratio = Stock Price per Share/earning per share NOTE: ASSUME STOCK IS SELLING FOR $11 PER SHARE NOTE: ONE DOES NOT COMPUTE P/E RATIO IF EPS IS NEGATIVE
14. Gross Profit Rate = Gross Profit/Net Sales
15. Profit Margin Ratio = Net Income/Net Sales
16. Return on Assets Ratio = Net Income/Average Total Assets
17. Asset Turnover Ratio = Net Sales/Average Total Assets
18. Payout Ratio =Cash Dividends Declared on Common Stock/Net Income
19. Return on Common Stockholders' Equity Ratio= Net Income - Preferred Stock Dividends/ Average Common Stockholders' Equity NOTE: ONE DOES NOT COMPUTE RETURN COMMON STOCKHOLDERS' EQUITY
IF STOCK EQUIRY is negative