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Can you please analyze these statements using financial ratios and their interpretation to see if there is a major problem in the company itself? EXHIBIT
Can you please analyze these statements using financial ratios and their interpretation to see if there is a major problem in the company itself?
EXHIBIT 6: MCGILL ST LAURENT BALANCE SHEET, SEPTEMBER 2017 (CA$ THOUSANDS) ASSETS AND LIABILITIES MCGILL ST CANADIAN WOOD CWP GRAIN ST LAURENT PRODUCTS LAURENT ENERGY ASSETS RESTRICTED CASH 2,212 2,212 RECEIVABLES 20,102 16,776 1,379 1,947 PREPAIDS 2,424 2,424 INVENTORY 13,613 13,391 222 CURRENT ASSETS 38,351 30,167 1,601 6,583 FIXED ASSETS 4,526 4,526 GOODWILL 110 110 TOTAL ASSETS 42,987 34,803 1,601 6,583 532 502 1,034 LIABILITIES ACCOUNTS PAYABLE LINE OF CREDIT CURRENT LIABILITIES LONG-TERM DEBT TOTAL LIABILITIES STOCKHOLDER EQUITY TOTAL LIABILITY AND EQUITY 7,986 18,583 26,569 2,664 29,233 13,754 42,987 6,618 16,871 23,489 1,664 25,153 9,650 34,803 836 1,210 2,046 1,000 3,046 3,537 6,583 1,034 567 1,601 Source: Company documents. EXHIBIT 7: MCGILL ST LAURENT INCOME STATEMENTS (CA$ THOUSANDS) 2017 188,720 174,660 2016 171,970 155,770 2015 158,090 147,040 2014 188,380 180,170 2013 225,460 218,180 5,610 Sales Cost of Sales Gross Profit Canadian Wood Products Grain St Laurent CWP Energy Total Gross Profit Gross Profit/Sales SG&A Expense EBITDA Canadian Wood Products Grain St Laurent CWP Energy Total EBITDA 9,290 1,130 3,640 14,060 0 8,720 8,840 1,300 6,060 16,200 0 9,630 5,810 1,640 3,600 11,050 0 7,710 5,380 (690) 3,520 8,210 0 7,170 630 1,040 7,280 0 4,350 4,740 1,080 420 2,210 100 270 150 3,230 230 3,110 6,570 500 5,340 1,990 3,340 (1,550) 2,170 1,040 570 2,930 Note: CWP = Canadian Wood Products, EBITDA = earnings before interest, tax, depreciation, and amortization; SG&A = Felling, general, and administrative. Source: Company documentsStep by Step Solution
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