Question
Current Ratio 2017 2018 2019 Current Assets 16,061 15,134 16,525 Current Liabilities 5,474 6,040 7,866 Current Ratio 2.93 2.51 2.10 Quick Ratio 2017 2018 2019
- Current Ratio
2017 | 2018 | 2019 | |
Current Assets | 16,061 | 15,134 | 16,525 |
Current Liabilities | 5,474 | 6,040 | 7,866 |
Current Ratio | 2.93 | 2.51 | 2.10 |
- Quick Ratio
2017 | 2018 | 2019 | |
Cash and equivalents+Short-term investments+ accounts receivable | 9856 | 8743 | 8935 |
Current Liabilities | 5,474 | 6,040 | 7,866 |
Quick Ratio | 1.80 | 1.45 | 1.14 |
SOLVENCY Ratios
2017 | 2018 | 2019 | |
Total Debt | 3477 | 3474 | 3470 |
Total Assets | 23,259 | 22,536 | 23,717 |
Total Debt Ratio | 0.15 | 0.15 | 0.15 |
Total Equity | 12,407 | 9,812 | 9,040 |
Debt/Equity Ratio | 0.28 | 0.35 | 0.38 |
PROFITABILITY Ratios
2017 | 2018 | 2019 | |
Net Sales | 34,350 | 36,397 | 39,117 |
Net profit | 4,240 | 1,933 | 4,029 |
Profit Margin | 12.34% | 5.31% | 10.30% |
ROE | 34.2% | 19.7% | 44.6% |
ROA | 18.23% | 8.58% | 16.99% |
For your company NIKE, use the DuPont Identity (BREAKING ROE INTO 3 PARTS---Operating Efficiency, Asset Use Efficiency and Financial Leverage) and evaluate the firms performance over the last three (3) years.
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