QUESTION 26 The tables below display some of the key financial ratios calculated for British Petroleum (BP) PLC during the last five years Discuss the ROE Decomposition of the company and evaluate the drivers of its performance during this period. What trends can you identity in the company's performance? What do you believe will be the effect of the current crisis on the company's financial statements? FY 2020 Est FY 2021 Est 12/31/2020 12/31/2021 -2.01 2.16 -4.23 6.52 191,886.6 224.015.7 British Petroleum (BP) PLC (BP/LN) FY 2016 FY 2017 FY 2018 FY 2019 in Millions of USD except Per Share Last 12M 09/30/2020 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12 Months Ending 0.06 1.41 3.14 1.45 Profit Margin -10.47 0.70 0.89 0.96 1.07 Asset Turnover 0.76 2.73 2.79 Financial Leverage 2.92 2.82 3.83 0.12 Return on Common Equity 3.50 9.48 -26.10 4.07 Effective Tax Rate 51.70 42.73 48.61 304.67 Net interest Expenso 1,038,0 1,430.0 1.777.0 2,039.0 Revenue 183,008.0 240,200.0 298,756.0 278,397.0 206.686.0 Net Operating Profit after Tax (NOPAT) 1542 3,563.8 8,939.4 4.285.4 -22,176.9 Working Capital 9,459.0 10,242.0 3,073.0 8,464,0 12,748.0 Total Non-Current Assets 195,503.0 201,547.0 210,866.0 213,135.0 189,425.0 Net Debt 34,513.0 37,329.0 42.783.0 54,466.0 50,489.0 Net Assets 96,843.0 100,4040 101.548.0 100,708,0 82,155.0 Total Equity 96,843.0 100,404.0 101.548.0 100,708.0 82,155.0 Working Capital to Sales 0.07 0.04 0.02 0.02 0.06 Net Fixed Asset Turnover 1.41 1.85 2.26 2.08 1.65 Accounts Payable Turnover Days 42.65 43.17 38.57 44.22 Days Sales Outstanding - DSO 27.07 24,54 23.41 25.46 Inventory Days 36.08 32.81 26.70 30.64 34.60 Cash Ratio 0.41 0.40 0.34 0.31 0.54 Quick Ratio 0.64 0.69 0.62 0.58 0.54 10 + NE 4 43,535.0 40,315.5 Sand Swim to save and submit lick Save All Answers to say all ansunes Estanding Inventory Days Cash Ratio Quick Ratio Current Ratio Total Debt to Total Equity Net interest Coverage Cash From Operations Cash from investing Activities Cash from Financing Activities Dividends Paid Capital Expenditures CFO to Sales CFO to Total Debt Gross Margin Operating Margin Profit Margin Finnberg 3608 20.70 0.41 0.14 0.40 054 0.31 0.04 0.00 0.02 058 0.54 1.16 1.16 1.05 1.12 1.22 00.20 02.99 64.80 76.90 99.92 5.06 8.46 4.25 10,691.0 18.931.0 22.873.0 25.770.0 17.496.0 - 14,7530 -14,077.0 -21,571.0 -16.974,0 -11,660.0 1.157.0 -2,752.0 -4,400.0 -8.792.0 5.537.0 -4,611.0 -6,153.0 -6,699.0 -6,9460 -7.357.0 - 16,701,0 - 16,5620 -16,707.0 -15,4180 - 13,320.0 5.84 7.88 7.66 9.25 8.47 0.18 0.30 0.35 0.33 0.21 11.86 15.10 15.35 16.85 15.30 -1.58 2.63 4.97 2.76 -10.98 0.00 1.41 3.14 1.45 -10.47 Right click to show data transparency Inot supported for all values) -12.004.1 -12,340.1 -0.47 2.01 4.69 2.16 SCA QUESTION 26 The tables below display some of the key financial ratios calculated for British Petroleum (BP) PLC during the last five years Discuss the ROE Decomposition of the company and evaluate the drivers of its performance during this period. What trends can you identity in the company's performance? What do you believe will be the effect of the current crisis on the company's financial statements? FY 2020 Est FY 2021 Est 12/31/2020 12/31/2021 -2.01 2.16 -4.23 6.52 191,886.6 224.015.7 British Petroleum (BP) PLC (BP/LN) FY 2016 FY 2017 FY 2018 FY 2019 in Millions of USD except Per Share Last 12M 09/30/2020 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12 Months Ending 0.06 1.41 3.14 1.45 Profit Margin -10.47 0.70 0.89 0.96 1.07 Asset Turnover 0.76 2.73 2.79 Financial Leverage 2.92 2.82 3.83 0.12 Return on Common Equity 3.50 9.48 -26.10 4.07 Effective Tax Rate 51.70 42.73 48.61 304.67 Net interest Expenso 1,038,0 1,430.0 1.777.0 2,039.0 Revenue 183,008.0 240,200.0 298,756.0 278,397.0 206.686.0 Net Operating Profit after Tax (NOPAT) 1542 3,563.8 8,939.4 4.285.4 -22,176.9 Working Capital 9,459.0 10,242.0 3,073.0 8,464,0 12,748.0 Total Non-Current Assets 195,503.0 201,547.0 210,866.0 213,135.0 189,425.0 Net Debt 34,513.0 37,329.0 42.783.0 54,466.0 50,489.0 Net Assets 96,843.0 100,4040 101.548.0 100,708,0 82,155.0 Total Equity 96,843.0 100,404.0 101.548.0 100,708.0 82,155.0 Working Capital to Sales 0.07 0.04 0.02 0.02 0.06 Net Fixed Asset Turnover 1.41 1.85 2.26 2.08 1.65 Accounts Payable Turnover Days 42.65 43.17 38.57 44.22 Days Sales Outstanding - DSO 27.07 24,54 23.41 25.46 Inventory Days 36.08 32.81 26.70 30.64 34.60 Cash Ratio 0.41 0.40 0.34 0.31 0.54 Quick Ratio 0.64 0.69 0.62 0.58 0.54 10 + NE 4 43,535.0 40,315.5 Sand Swim to save and submit lick Save All Answers to say all ansunes Estanding Inventory Days Cash Ratio Quick Ratio Current Ratio Total Debt to Total Equity Net interest Coverage Cash From Operations Cash from investing Activities Cash from Financing Activities Dividends Paid Capital Expenditures CFO to Sales CFO to Total Debt Gross Margin Operating Margin Profit Margin Finnberg 3608 20.70 0.41 0.14 0.40 054 0.31 0.04 0.00 0.02 058 0.54 1.16 1.16 1.05 1.12 1.22 00.20 02.99 64.80 76.90 99.92 5.06 8.46 4.25 10,691.0 18.931.0 22.873.0 25.770.0 17.496.0 - 14,7530 -14,077.0 -21,571.0 -16.974,0 -11,660.0 1.157.0 -2,752.0 -4,400.0 -8.792.0 5.537.0 -4,611.0 -6,153.0 -6,699.0 -6,9460 -7.357.0 - 16,701,0 - 16,5620 -16,707.0 -15,4180 - 13,320.0 5.84 7.88 7.66 9.25 8.47 0.18 0.30 0.35 0.33 0.21 11.86 15.10 15.35 16.85 15.30 -1.58 2.63 4.97 2.76 -10.98 0.00 1.41 3.14 1.45 -10.47 Right click to show data transparency Inot supported for all values) -12.004.1 -12,340.1 -0.47 2.01 4.69 2.16 SCA