Explain and evaluations of the firms liquidity, activity, debt, and profitability

Historical Ratios Industry Ratio Ratio Actual (2016) Actual (2017) Actual (2018) (Average) Current Ratio 1.9 1.77 2.64 2.2 Quick Ratio 11.0 0.9 1.26 1.2 Acid Test Ratio / Cash 0.05 10.03 .043 10.75 Ratio Inventory Turnover 15.2 5.0 4.88 10.2 (Times) Average Collection 50 days 55 days 43.61 days 46 Days period Total Asset Turnover (1.5 1.5 1.91 2 Debt Ratio 45.8% 54.3% 56.6% 24.5% Debt to Equity Ratio Net Profit Ratio 1.1% 1.0% 56% 1.2% Gross Profit Ratio 27.5% 28.0% 33.89% 26.0% evaluations of the firm's liquidity, activity, debt, and profitability