Sartell Health Inc is approaching your financial consulting firm to help me with my yearly financial check-up. I have completed a set of my ratios for you to evaluate. They are for the 2017 and 2018 fiscal years. Please review them and help me determine the following

1. Look only at those ratios that reflect a positive or negative % change of 15 or more (there are 6 of them). Identify those ratios & indicate whether their % change from 2017 to 2018 was in favor of the company or not in favor of the company - write in the blanks provided for those specific ratios.
2. Which year (2017 or 2018) was my company in a more financially stable/better position? (Just look at the DEBT RATIO & the TIMES INTEREST EARNED ratio & Briefly explain)

RATIO 2017 2018 % Change In favor or NOT

Current 3.25 3.0 (7%)

Quick 2.5 2.2 (12%)

Inv Turnover 12.8 10.3 (19)

Avg collection period 42 days 31 days (26%)

Times Interest earned 4.0 3.85 (3.8)

Total asset turnover 1.4 2.0 43%

Debt ratio .45 .62 38%

Gross profit margin 68% 65% (4.4%)

operating profit margin 14% 16% 14%

net profit margin 8.3% 8.1% (2%)

return on total assets (ROA) 11.6% 16.2% 40%

return on equity (ROE) 21.1% 42.6% 102%

P/E ratio 10.7 9.8 (8%)

Market/book ratio 1.4 1.25 (11%)