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I need a time series analysis of Vestel company for these ratios full explaination please Here are the companys Ratios for 2018-2019: Liquidity Current ratio

I need a time series analysis of Vestel company for these ratios full explaination please

Here are the companys Ratios for 2018-2019:

Liquidity

Current ratio = current assets / current liabilities

2019 = 9,608,581 / 14,652,475 = 0.6557

2018 = 10,036,226 / 13,556,998 = 0.7402

Quick (acid-test) ratio = current assets inventory / current liabilities

2019 = (9,608,581 2,833,115) / 14,652,475 = 0.4624

2018 = (10,036,226 2,861,739) / 13,556,998 = 0.5292

Activity

Inventory turnover = Cost of goods sold/ inventory

2019 = 12,896,358 / 2,833,115= 4.55

2018 = 11,570,079 / 2,861,739= 4.04

Average collection period = accounts receivable / average sales per day

2019 = 3,372,830 / (17,174,123 / 365) = 71.682 days

2018 = 3,583,266/ (15,852,300 / 365) = 82.5048 days

Average payment period = accounts payable / average purchases per day

(Total Purchase = 12.896.358 x 0,6 = 7,737,815)

2019 = 6,127,709 / (7,737,815 / 365) = 322.18 days

(Total Purchase = 11.570.079 x 0,6 = 6,942047)

2018 = 5,792,577 / (6,942,047/ 365) = 273.24 days

Total assets turnover = sales / total assets

2019 = 17,174,123 / 19,452,405 = 0.8828

2018 = 15,852,300 / 17,9608,22 = 0.8826

Debt

Debt ratio = Total liabilities / Total assets

2019 = 15,672,494 / 19,452,405 = 0.8056

2018 = 14,642,567 / 17,960,822 = 0.8152

Times interest earned ratio = earnings before interest and taxes / Interest

2019 = 1,274,941 / 1,146,066=1.11

2018 = 482,128 / 730,645=0.66

Profitability

Gross profit margin = gross profits / sales

2019 = 4,277,765 / 17,174,123 = 0.2490

2018 = 4,282,221 / 15,852,300 = 0.2701

Operating profit margin = operating profits / sales

2019 = 1,274,941 / 17,174,123 = 0.074

2018 = 482,128 / 15,852,300 = 0.030

Net profit margin = earnings available for common stockholders / sales

2019 = 351,850/ 17,174,123 = 0.020

2018 = 400,886/15,852,300= 0.025

Profitability (Cont.)

Earnings per share = earnings available for common stockholders / number of shares of common stock outstanding

2019 =0.97 (It is directly given the firms Financial Report)

2018 = 1.11 (It is directly given the firms Financial Report)

Return on total assets = earnings available for common stockholders / total assets

2019= 351,850 / 19,452,405 = 0.18

2018= 400,886 / 17,960,822 = 0.22

Return on common equity = earnings available for common stockholders / common stock equity

2019 = 351,850 / 2,965,847=0.12

2018 = 400,886 / 2,838,471=0.14

Market ratios

Price earnings ratio = market price per share of common stock / earnings per share

2019=12.62/0.97 =13.01

2018= 5.55/1.11 = 5

Book value= Total equity / number of shares outstanding

2019= 3,779,911 / 324,047 = 11.66

2018= 3,318,255 / 371,153 = 8.94

Market/book ratio= market price per share common stock / Book value of shares of common stock

2019= 12.62 / 11.66 = 1.08

2018= 5.55 / 8.94 = 0.62

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