Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Describe what each of this ratios means for the company? You can also refer to chemical Industry companies in India to know the Industry standards
Describe what each of this ratios means for the company? You can also refer to chemical Industry companies in India to know the Industry standards from Internet.
Particulars Profitability Ratio Liquidity Ratio Turnover Ratios or Activity Ratios Solvency Ratio Formula Return on Sales=NI/Net Sales Return on Equity=NI/Equity Return on Asest=NI/Total Asset Operating profit margin =EBIT/Sales Current Ratio = CA/CL Quick Ratio= Cash-Inventories/CL Asset Turnover= Net Sales/TA Inventory Turnover Receivables turnover = Sales/receivables Deb-Equity Long term Debt/Common equity intrest coverage ratio 2020 2019 2018 0.130255 0.119013 0.107095 0.198361 0.22149 0.275381 0.096601 0.098213 0.104112 0.168726 0.1361 0.160661 1.130712 1.420766 1.169376 -0.59351 -0.88341 -0.59765 0.741635 0.825229 0.972146 1.600991 1.730502 2.355189 7.810131 13.09253 10.3298 1.053726 1.235131 1.614322 22.19847 23.73468 26.72954
Step by Step Solution
★★★★★
3.48 Rating (164 Votes )
There are 3 Steps involved in it
Step: 1
Lets break down each of the ratios and what they mean for a company referencing them against industry standards for chemical industry companies in Ind...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started