Next, describe, in particular, the companys

(a) cost efficiency,

(b) asset efficiency,

(c) liquidity,

(d) financial leverage

(e) other factors reflecting investor confidence in 2019.

In these, also describe the change in the above aspects in 2019, compared to 2018. For these, the financial statement data and financial ratios from the worksheet of the company would be the primary source of data.

Company name: Description Fiscal year end date Net sales or revenues Cost of goods sold (excl depreciation) Depreciation, depletion & amortization Gross Income Selling, general and adminitrative expenses Other operating expenses Operating income Other incomes (+) or associated losses (-) Non-operating interest income Earnings before interest & taxes Interest expense on debt Pretax income Income taxes Extraordinary gain (+), loss or minority interest (-) Net income EVERGREEN FIBREBOARD 2018 2019 31/12/2018 31/12/2019 1,105,543 967,920 841,481 769,621 73,431 77,916 190,631 120,383 197,272 166,331 -1 52 -6,640 -46,000 37,377 9,728 1,692 1,643 32,429 -34,629 6,675 7,5821 25,754 -42,211 9,576 228 176 482 16,354 -41,957 Inventories - total Receivables (net) Cash & short-term investments Other current assets Current assets - total Property, plant & equipment - net Total intangible other assets - net Other non-current assets Total non-current assets Total assets Accounts Payable Short-term debt & current portion of long-term debt Other current liabilities Current liabilities - total Long-term debt Other non-current liabilities Total non-current liabilities Common stock Retained earnings, other reserves, treasury shares Common equity 252,845 115,641 109,210 17,175 494,871 1,048,547) 9,695 34,495 1,092,737 1,587,608 67,833 122,547 72,274 262,654 86,763| 81,900 168,663 344,749| 811,542 1,156,291 248,106 97,333 106,749 15,758 467,946 1,098,481 9,667 0 1,108,148 1,576,094 54,800 159,726 68,347 282,873 81,260 77,282 158,542 344,749 789,930 1,134,679 0.227 0.380 26.894 -6.148 1.41% 1.03% 1.48% -3.70% -2.66% -4.33% Financial Ratios Market Value Ratios Market-to-book ratio Price-earnings ratio Profitability Ratios Return on equity Return on assets Profit margin Asset Management Ratios Total asset turnover Fixed asset turnover Receivables turnover Inventory turnover Long-term Solvency Ratios Equity multiplier Cash coverage ratio Short-term Solvency Ratios Current ratio Quick ratio Cash ratio 0.696 1.054 9.560 4.372 0.614 0.881 9.944 3.901 1.389 1.373 15.859 5.709 1.884 1.654 0.777 0.921 0.416 0.377