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CAN YOU INTERPRET THE RESULTS OF RATIOS.THANK YOU SO MUCH. Asset Turnover Ratio 2022 2026 Net Sales 2,720,760.00 2,850,320.00 Average Total Asset 1,029,634.73 2,105,129.26 Asset

CAN YOU INTERPRET THE RESULTS OF RATIOS.THANK YOU SO MUCH.

Asset Turnover Ratio
2022 2026
Net Sales 2,720,760.00 2,850,320.00
Average Total Asset 1,029,634.73 2,105,129.26
Asset Turnover Ratio 2.64 1.35
Debt Ratio
2022 2026
Total Liabilities 129,194.86 143,993.71
Total Assets 1,029,634.73 2,242,278.06
Total Debt Ratio 0.13 0.06
Debt-Equity Ratio
2022 2026
Total Liabilities 129,194.86 143,993.71
Total Equities 900,439.87 2,098,284.36
Debt Equity Ratio 0.14 0.07
Gross Profit Margin Ratio
2022 2026
Gross Profit 1,278,302.82 1,259,593.21
Net Sales 2,720,760.00 2,850,320.00
Gross Profit Margin Ratio 0.47 0.44
Return on Total Assets
2022 2026
Net Income 300,719.42 270,432.28
Average Total Assets 1,029,634.73 2,105,129.26
Return on Total Assets 0.29 0.13
Return on Equity
2022 2026
Net Income 300,719.42 989,160.93
Average Owner's Equity 900,439.87 1,963,068.21
Return on Equity 0.33 0.50

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