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Ratio 2018 2017 2016 2018-industry average 1 Inventory turnover 62.65 42.42 32.25 53.25 2 Days's sales in receivables 113 98 94 130.25 3 Debt to
Ratio | 2018 | 2017 | 2016 | 2018-industry average | |
1 | Inventory turnover | 62.65 | 42.42 | 32.25 | 53.25 |
2 | Days's sales in receivables | 113 | 98 | 94 | 130.25 |
3 | Debt to Equity | 0.75 | 0.85 | 0.9 | 0.88 |
4 | Profit Margin | 0.082 | 0.07 | 0.06 | 0.075 |
5 | Total Asset Turnover | 0.54 | 0.65 | 0.7 | 0.4 |
6 | Quick ratio | 1.028 | 1.03 | 1.029 | 1.031 |
7 | Current ratio | 1.33 | 1.21 | 1.15 | 1.25 |
8 | Times interest Earned | 0.9 | 4.375 | 4.45 | 4.65 |
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You are asked to provide the shareholders with an assessment of the firm's asset management ,profitability,efficiency,solvency and leverage .Be as complete as possible given the above information ,but do not use any irrelevant information (15 marks)
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