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