Oceanview Marine Company Ratio Analysis December 31, 2018 2-1 Unadjusted 12/31/2018 12/31/2017 CHANGE CHANGE AVERAGE PERCENT INDUSTRY 8 LIQUIDITY RATIOS: 0 Current ratio 11 current asscts/ current liabilities 12 Quick ratio 3 (current assets-inventory)/current liabilities 14 Sales/Receivables 15 net saleset ending reccivables 6 Number of days sales in A/R 17 2.31 0.42 16.05 2.49-0.18-7.23% 0.02 5.00% 16.30-0.25-1.53% 1.53 0.43 20.29 0.40 netnding roccivables/(net sales/365)17.99 18 Inventory turnover 19 cost of sales/ average inventory 1.41 21 PROFITABILITY/PERFORMANCE RATIOS: 23 Gross profit margin (%) 24 gross profit/ net sales 25 Income before taxes/Owners' equity 26 net income before taxes/total owners' oquity 27 Income before taxes /Total assets 23.83% 0.06 0.04 19.07 0.06 0.04 0.02 50.00% 6.96 18.64% 1.49 0.05 3.36% 8.88% 28 net income before taxes/ total assets 29 Sales/Long-term assets 30 etsaleset long-term assets 31 Sales/Total assets 32 net sales/total assets 44.29 37.33 33 Sales/Working capital 34 net sales/ (current assets-current liabilit 35 36 SOLVENCY RATIOS 37 2.82 2.59 0.23 2.18 38 Owners' Equity Total assets 39 total stockholders aquity/total assets 40 Long-term assets 41 net long-term assets/total stockholders' equity 42 Current liabilities/Owners' equity 0.56 0.59-0.03-5.08% 0.31 0.47 1.13 2.03 0.06 0.07-0.01-14.29% 3 current liabilities/total stockholders' equity 44 Total Liabilities/Owners' equity 45 total liabilities/total stockholders' aquity 46 Oceanview Marine Company Ratio Analysis December 31, 2018 2-1 Unadjusted 12/31/2018 12/31/2017 CHANGE CHANGE AVERAGE PERCENT INDUSTRY 8 LIQUIDITY RATIOS: 0 Current ratio 11 current asscts/ current liabilities 12 Quick ratio 3 (current assets-inventory)/current liabilities 14 Sales/Receivables 15 net saleset ending reccivables 6 Number of days sales in A/R 17 2.31 0.42 16.05 2.49-0.18-7.23% 0.02 5.00% 16.30-0.25-1.53% 1.53 0.43 20.29 0.40 netnding roccivables/(net sales/365)17.99 18 Inventory turnover 19 cost of sales/ average inventory 1.41 21 PROFITABILITY/PERFORMANCE RATIOS: 23 Gross profit margin (%) 24 gross profit/ net sales 25 Income before taxes/Owners' equity 26 net income before taxes/total owners' oquity 27 Income before taxes /Total assets 23.83% 0.06 0.04 19.07 0.06 0.04 0.02 50.00% 6.96 18.64% 1.49 0.05 3.36% 8.88% 28 net income before taxes/ total assets 29 Sales/Long-term assets 30 etsaleset long-term assets 31 Sales/Total assets 32 net sales/total assets 44.29 37.33 33 Sales/Working capital 34 net sales/ (current assets-current liabilit 35 36 SOLVENCY RATIOS 37 2.82 2.59 0.23 2.18 38 Owners' Equity Total assets 39 total stockholders aquity/total assets 40 Long-term assets 41 net long-term assets/total stockholders' equity 42 Current liabilities/Owners' equity 0.56 0.59-0.03-5.08% 0.31 0.47 1.13 2.03 0.06 0.07-0.01-14.29% 3 current liabilities/total stockholders' equity 44 Total Liabilities/Owners' equity 45 total liabilities/total stockholders' aquity 46