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Following are selected ratios for Logitech International SA for the companys 2016 and 2015 fiscal years. Compute and interpret Altman Z-scores for both years. Ratio
Following are selected ratios for Logitech International SA for the companys 2016 and 2015 fiscal years. Compute and interpret Altman Z-scores for both years.
Ratio | 2016 | 2015 | ||||
---|---|---|---|---|---|---|
Working capital to total assets | 0.474 | 0.478 | ||||
Retained earnings to total assets | 0.816 | 0.740 | ||||
EBIT to total assets | 0.097 | 0.108 | ||||
Market value of equity to total assets | 1.840 | 1.405 | ||||
Market value of equity to total liabilities | 4.469 | 3.124 | ||||
Sales to total assets | 1.524 | 1.405 |
Round answers to three decimal places.
Year | Z-score |
---|---|
2016 | |
2015 |
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