Chpt 16 - Calcuations Flashcards
ROCE
= (PBIT/TALCL) x 100%
Gross Profit Margin
= (Gross profit / revenue) x 100%
Operation Profit Marging
= (PBIT/Revenue) x 100%
Net Profit Margin
= (PAT / Revenue) x 100%
Asset Turnover
=Revenue/TALCL
ROCE using other calcs
= Operating profit margin x Asset Turnover
Current Ratio
=Current Assets / Current liabilities
Quick Ration
=(Current Assets - Inventories) / Current liabilities
Cash cycle days
= Inv days + recv days - pay days
Inventory turnover
= COS / Inv
Inventory days
= Inv / COS x365
Recv days
= Trade receivables / Credit turnover (revenue) x 365
Pay days
= Trade pay / purchases or COS x 365
NCA Turnover
= Revenue / NCA
Debt/equity
= LT debt / equity
or LT debt / (equity + LT debt)
Interest cover
= PBIT / Interest payable
Average cost of debt (Av rate of interest)
= Finance costs/ LT debt (+ST debt)
EPS
= PAT after NCI / WACC
Dividend Yield
= Dividend per share / Market share price %
Dividend Cover
= EPS / Dividend per share
P/E ratio
Market price per share / EPS
Asset Backing
= Equity / no. of shares in issue
TALCL
Total assets - CL - Tax (as using PBIT on top)
Return on shareholders equity
Profit after tax / equity share capital plus reserves
