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Ratio 2020 2019 Return On Capital Employed 20% 15,30% Inventory Turnover 108 days 91 days Debtor ratio (debtor days) 21 days 19 days Creditor ratio
Ratio | 2020 | 2019 |
Return On Capital Employed | 20% | 15,30% |
Inventory Turnover | 108 days | 91 days |
Debtor ratio (debtor days) | 21 days | 19 days |
Creditor ratio (creditor days) | 86 days | 75 days |
Current ratio | 1,8 times | 1,6 times |
Quick ratio | 1,5 times | 1,3 times |
Debt / equity ratio | 25,5% | 29% |
Interest cover | 64 times | 22 times |
Return on Equity | 20 % | 15,2% |
Price Earnings Ratio | 12,4 times | 15 times |
Using 2019 and 2020 ratios, write a brief report (500 words in total) which compares the performance of Rio Tinto plc across both years.
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