Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ratio Analysis 2015 2014 Industry Avg EBITDA coverage ratio 4.18 Market Value Ratios Earnings per share NA Price-to-earnings ratio 10.65 Cash flow per share NA
Ratio Analysis | 2015 | 2014 | Industry Avg |
EBITDA coverage ratio | 4.18 |
Market Value Ratios | |||||
Earnings per share | NA | ||||
Price-to-earnings ratio | 10.65 | ||||
Cash flow per share | NA | ||||
Price-to-cash flow ratio | 7.11 | ||||
Book Value per share | NA | ||||
Market-to-book ratio | 1.72 |
Common Size Income Statements | 2015 | 2014 | ||
Sales | ||||
Expenses excluding depr. and amort. | ||||
EBITDA | ||||
Depreciation and Amortization | ||||
EBIT | ||||
Interest Expense | ||||
EBT | ||||
Taxes (40%) | ||||
Net Income |
|
Joshua & White Technologies: December 31 Balance Sheets (Thousands of Dollars) #NAME? Cash and cash equivalents Short-term investments Accounts Receivable Inventories Total current assets Net fixed assets Total assets 2015 $21,000 3,759 52,500 84.000 $161,259 218,400 $379,659 2014 $20,000 3,240 48,000 56,000 $127,240 200,000 $327 240 Liabilities and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained Earnings Total common equity Total liabilities and equity $33,600 12,600 19.929 $66,129 67,662 $133,791 183,793 62.075 $245,868 $379,659 $32,000 12,000 6,480 $50,480 58,320 $108,800 178,440 40,000 $218,440 $327.240 Joshua & White Technologies December 31 Income Statements (Thousands of Dollars) 2015 2014 Sales $420,000 $400,000 Expenses excluding depr. and amort. 327,600 320,000 EBITDA $92,400 $80,000 Depreciation and Amortization 19,660 18,000 EBIT $72,740 $62,000 Interest Expense 5,740 4,460 EBT $67,000 $57,540 Taxes (40%) 26.800 23,016 Net Income $40.200 $34.524 Common dividends Addition to retained earnings $18,125 $22,075 $17,262 $17,262 Other Data Year-end Stock Price # of shares (Thousands) Lease payment (Thousands of Dollars) Sinking fund payment (Thousands of Dollars) 2015 $90.00 4,052 $20,000 $0 2014 $96.00 4,000 $20,000 $0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started