Compute the following ratio: Profitability ratio a. net profit margin b. return on equity c. earnings per share Liquidity ratio a. current ratio b. receivables turnover Solvency ratio a. debt to assets ratio b. times interest earned ratioWhich company performs better in terms of profitability, liquidity and solvency? Which company is more profitable, more liquid and more solvent? Explain your answer.
DOUBLE DRAGON PROPERTIES DOUBLE DRAGON PROPERTIES CORPORATION CORPORATION CONSOLIDATED STATEMENT OF FINANCIAL POSITION CONSOLIDATED INCOME STATEMENT Years ended December 31 Years ended December 31 2019 2018 2019 2018 Current Assets 19.210.205 799.00 17% 12.026.434,150.00 Revenues 20,115,136,979.00 1.00 14,304,737,540.00 Non-Current Assets 94 336,390,350.00 83% 70.487.428,044.00 Cost (1.182,951,782.00) (0.06) (891,513,004.00) Total Assets 113.546,596,149.00 100% 82,513,862.194.00 Gross Profit 18,932,185,197.00 0.94 13,413,224,536.00 Interest Income 88,577.967.00 0.00 42,983,696.00 Current Liabilities 22.288.880,259.00 20% 13.286.209.708.00 Interest Expense (840,677 318.00) 0.04 (191,925,652.00) Non-current liabilities 47 338,940,793.00 42% 36,338.400,934.00 Other Expenses (2,527,961,016.00) 0.13 (2,609,767,886.00) Total Liabilities 69,627,821,052.00 49,624,610,642.00 EBIT 15,652,124,830.00 0.78 10,654,514,694.00 Taxes (5,007,048,734.00) 0.25 (3.237,835,182.00) Shareholder's Equity 30.324.576,339.00 27% 22,142.444,719.00 Net Income 10.645,076.096.00 0.53 7.416.679.512.00 Non-controlling Interest 13.594,198.758.00 12% 10,746.806,833.00 Net Income attributable to NCI 1,813,109,294 2.811,169.236 Total Liabilities and Shareholder's Equity 1 13,546,596,149.00 100% 32.889,251,552.00 Net Income attributable to Parent 8,831.966.802.00 4.605.510.276.00 PRIMEX CORPORATION PRIMEX CORPORATION CONSOLIDATED STATEMENT OF FINANCIAL POSITION CONSOLIDATED INCOME STATEMENT VERTICAL ANALYSIS Years ended December 31 Years ended December 31 2019 2018 2019 2018 Current Assets 2.476.875,117.00 91% 1,952,604,864.00 Revenues 72,451,801.00 1.00 270,496,166.00 Non-Current Assets 239,401,935.00 9% 190,768,174.00 Cost (14.650,008.00) (0.20) (130,491,914.00) ( Total Assets 2.716,277.052.00 100% 2.143.373.038,00 Gross Profit 57,801,793.00 0.80 140,004,252.00 Current Liabilities 1,096,829,806.00 40% 1,146,033,703.00 Interest Income 42.988,138.00 0.59 19.639.338.00 Non-current liabilities 667,345,738.00 25% 20.614,085.00 Interest Expense (21,803,896.00) 0.30 (3,128.028.00) Total Liabilities 1,764,175,544.00 65% 1,166,647,788.00 Other Expenses (49,388,887.00) 0.68 (38,604,287.00) EBIT 29,597.148.00 0.41 117.911,275.00 Shareholder's Equity 952,101,508.00 35% 976,725,250.00 Taxes (9,692,879.00) 0.13 (35,523,420.00) Total Liabilities and Shareholder's Equity 2,716,277,052.00 100% 2,143,373,038.00 Net Income 19,904,269.00 0.27 82,387,855.00
