Margin Analysis Gross Margin EBITDA Margin EBIT Margin Net Operating Margin (b4 non-rec.) Net Operating Margin Turnover Analysis Avge Days to Cash Usage N/A Avge Inventory Holding Period N/A Avge Days to Collect Receivables N/A Avge Days to Pay Payables N/A Net Operating Asset Turnover N/A Net Working Capital Turnover N/A PP&E Turnover N/A Analysis of Leverage - Long-Term Capital Structure Debt to Equity Ratio FFO to Total Debt CFO to Total Debt Analysis of Leverage - Short-Term Liquidity Current Ratio Quick Ratio EBIT Interest Coverage EBITDA Interest Coverage