Question
Can you please provide a report as to which company is better at making profits or incurred losses based on the asked Profitability Ratios i.e.,
Can you please provide a report as to which company is better at making profits or incurred losses based on the asked Profitability Ratios i.e., Profit margin ratio, Return on asset ratio, and return on equity ratio?? Please make it more elaborated. Here is the data.
| Competitor Companies "express in millions USD | Agnico Eagle Mines LTD | Barrick Gold Corporation | Kinross Gold Corporation | Teck Resources LTD | Ludin Mining Corporation | |||||
| Year End | 31/12/2022 | 31/12/2021 | 31/12/2022 | 31/12/2021 | 31/12/2022 | 31/12/2021 | 31/12/2022 | 31/12/2021 | 31/12/2022 | 31/12/2021 |
| Current Assets | 2,180.06 | 1,302.39 | 8,465.00 | 8,249.00 | 1,852.60 | 1,948.90 | 8,293.00 | 6,103.00 | 1,218.77 | 1,526.59 |
| Cash and Cash Equivalents | 658.63 | 185.79 | 4,440.00 | 5,280.00 | 418.10 | 531.50 | 1,883.00 | 1,427.00 | 191.39 | 594.07 |
| Inventories | 1,209.08 | 878.94 | 1,781.00 | 1,734.00 | 1,072.20 | 1,151.30 | 2,685.00 | 2,390.00 | 296.71 | 227.38 |
| Current Liabilities | 946.42 | 761.81 | 3,120.00 | 2,086.00 | 751.50 | 741.40 | 5,864.00 | 3,760.00 | 950.15 | 787.54 |
| Total Assets | 23,494.81 | 10,216.09 | 45,965.00 | 46,890.00 | 10,396.40 | 10,428.10 | 52,359.00 | 47,368.00 | 8,172.80 | 7,636.91 |
| Total Liabilities | 7,253.46 | 4,216.32 | 14,676.00 | 14,583.00 | 4,514.20 | 3,778.50 | 25,848.00 | 23,595.00 | 2,747.68 | 2,644.17 |
| Total Equity | 16,241.35 | 5,999.71 | 31,289.00 | 32,307.00 | 5,882.20 | 6,649.60 | 26,511.00 | 23,773.00 | 5,425.12 | 4,992.73 |
| Finance Cost | 82.94 | 92.04 | 301.00 | 355.00 | 93.70 | 82.20 | 203.00 | 190.00 | 68.40 | 44.50 |
| EBIT | 1,198.36 | 1,024.77 | 1,982.00 | 4,987.00 | 200.40 | 166.50 | (72.00) | 83.00 | 666.56 | 1,289.49 |
| Revenue | 5,741.16 | 3,869.63 | 11,013.00 | 11,985.00 | 3,455.10 | 2,599.60 | 17,316.00 | 12,766.00 | 3,041.23 | 3,328.77 |
| Net Income | 670.25 | 561.95 | 1,017.00 | 3,288.00 | (605.70) | 221.20 | 3,298.00 | 2,915.00 | 463.53 | 879.30 |
| Average price per share (31st Dec 2022) | $64.87 | $76 | N/A | N/A | $6.89 | $8.56 | $45.75 | 29.25 | $11.83 | N/A |
| Outstanding Common Shares | 456,465,296 | 245,001,857 | 1,755,349,661 | N/A | 1,221,891,341 | 1,244,332,727 | 7,765,000 | 7,765,000 | 762,518,753 | 736,789,666 |
| Earning per share | $1.53 | $2.31 | $0.24 | $1.14 | ($0.47) | $0.18 | $6.30 | $5.39 | $0.56 | $1.06 |
| Profitability Ratios | ||||||||||
| Profit Margin | Net Income/Revenue | |||||||||
| Return on Assets | Net Income/TA | |||||||||
| Return on Equity | Net Income/TE | |||||||||
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Manage Finances And Develop Financial Plans Running Your Business Better
Authors: Ian Birt
6th Edition
1925716368, 978-1925716368
