Question
Gross Profit Ratio = 16.9 / 321.6 = 0.0525 or 5.25% Current Ratio = Current Assets / Current Liabilities Quick Ratio = (Current Assets -
Gross Profit Ratio = 16.9 / 321.6 = 0.0525 or 5.25% Current Ratio = Current Assets / Current Liabilities Quick Ratio = (Current Assets - Inventory) / Current Liabilities Debt to Equity Ratio = Total Debt / Total Equity Debt to Capital Ratio = Total Debt / (Total Debt + Total Equity) Asset to Equity Ratio = Total Assets / Total Equity Working Capital = Current Assets - Current Liabilities Equity Turnover Ratio = Revenue / Average Equity Gross Profit Ratio = Gross Profit / Revenue Q1 2020: Current Ratio = 695.4 / 697.0 = 0.9977 Quick Ratio = (695.4 - 0.5) / 697.0 = 0.9957 Debt to Equity Ratio = 592.6 / 124.7 = 4.75 Debt to Capital Ratio = 592.6 / (592.6 + 124.7) = 0.826 Asset to Equity Ratio = 821.6 / 124.7 = 6.59 Working Capital = 695.4 - 697.0 = -1.6 Equity Turnover Ratio = 321.6 / ((124.7+127.7)/2) = 2.57 Gross Profit Ratio = 23.8 / 321.6 = 0.074 Q2 2020: Current Ratio = 665.1 / 668.5 = 0.9949 Quick Ratio = (665.1 - 0.5) / 668.5 = 0.9941 Debt to Equity Ratio = 361.5 / 126.1 = 2.87 Debt to Capital Ratio = 361.5 / (361.5 + 126.1) = 0.741 Asset to Equity Ratio = 794.6 / 126.1 = 6.30 Working Capital = 665.1 - 668.5 = -3.4 Equity Turnover Ratio = 282.8 / ((126.1+124.7)/2) = 2.26 |
For Q2 2020:
Current Ratio = 659.1 / 668.5 = 0.99
Quick Ratio = (659.1 - 0.5) / 668.5 = 0.98
Debt to Equity Ratio = 361.5 / 126.1 = 2.87
Debt to Capital Ratio = 361.5 / (361.5 + 126.1) = 0.74
Asset to Equity Ratio = 794.6 / 126.1 = 6.30
Working Capital = 659.1 - 668.5 = -9.4
Equity Turnover Ratio = 282.8 / ((126.1+124.7)/2) = 2.25
Gross Profit Ratio = 32.0 / 282.8 = 0.11
For Q3 2020:
Current Ratio = 980.0 / 697.0 = 1.41
Quick Ratio = (980.0 - 7.9) / 697.0 = 1.39
Debt to Equity Ratio = 592.6 / 124.7 = 4.75
Debt to Capital Ratio = 592.6 / (592.6 + 124.7) = 0.83
Asset to Equity Ratio = 821.6 / 124.7 = 6.59
Working Capital = 980.0 - 697.0 = 283.0
Equity Turnover Ratio = 345.1 / ((124.7+126.1)/2) = 2.76
Required:
Need brief explanations and ratios comparisons for each quarter for Bird Inc.
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Sure Lets analyze the financial ratios for Bird Inc for each quarter and provide brief explanations and comparisons Q1 2020 Current Ratio The current ratio measures the companys ability to cover its s...Get Instant Access to Expert-Tailored Solutions
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