COMPUTATION OF RATIO

Profitability ratio

- net profit margin

- return on equity

- earnings per share

Liquidity ratio

- current ratio

- receivables turnover

Solvency ratio

- debt to assets ratio

- times interest earned ratio

Which company performs better in terms of profitability, liquidity, and solvency? Which company is more profitable, more liquid, and more solvent? Explain your answer.

	AYALA LAND, INC. AND SUBSIDIARIES		MEGAWORLD CORPORATION AND SUBSIDIARIES
	2020	2019	2020	2019
ASSETS
Current assets	324,271,101.00	295,434,250.00	210,673,606,855.00	190,506,161.056.00
Non-current assets	397,223,273.00	418,489,028.00	165,016,813,090.00	159,126,913,688.00
TOTAL ASSETS	721,494,374.00	713,923,278.00	375,690,419,945.00	159,126,913,688.00
LIABILITIES AND EQUITY
Current liabilities	199,729,307.00	226,583,524.00	72,720,149,599.00	57,544,517,967.00
Non-current liabilities	261,585,735.00	244,634,186.00	90,439,790,149.00	87,223,034,272.00
TOTAL LIABILITIES	461,315,042.00	471,217,710.00	163,159,939,748.00	144,767,552,239.00
TOTAL EQUITY	260,179,332.00	242,705,568.00	212,530,480,197.00	204,865,522,505.00
TOTAL LIABILITIES AND EQUITY	721,494,374.00	713,923,278.00	375,690,419,945.00	349,633,074,744.00
REVENUES AND INCOME	96,272,699.00	168,793,712.00	43,470,998,180.00	67,312,739,953.00
COST AND EXPENSES	81,219,488.00	117,964,038.00	32,882,432,886.00	48,016,710,803.00
INCOME BEFORE INCOME TAX	15,053,211.00	50,829,674.00	10,588,565,294.00	19,296,029,150.00
PROVISION FOR INCOME TAX	4,058,973.00	13,314,643.00
NET PROFIT FOR THE YEAR	10,994,238.00	37,515,031.00	10,588,565,294.00	19,296,029,150.00