Equations and Only Equations Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Assets

A

Liabilities + Shareholder’s Equity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Working Capital

A

CA - CL

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Net Debt

A

ST Debt + LT Debt - Cash

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Current Ratio

A

CA/CL

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Quick Ratio

A

Acid Test

(CA - Inventory) / CL

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Debt-to-Equity

A

Debt / SE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

CCC

A

Days Inv. OUtstanding + Days Receivables OUtstanding - Days Payable OUtstanding

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Inventory Turnover

A

COGS / Avg. Inventory

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Receivables Turnover

A

Net Credit Sales / Avg. AR

or

Sales / Avg. AR

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Payables Turnover

A

COGS / Avg. AP

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

FCFF

A

EBIT*(1-tax rate) + Noncash - Capex - Incr. in WC

CF from Ops + Interest Pmts*(1-tax rate) - capex

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

FCFE

A

NI + Noncash - Capex - Incr. WC + Increases in Net Borrowing

FCFF - Int. Expense (1-Tax Rate) + Inceases in Net Borrowing

CF from Ops - Capex + Incr. New Borrowing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

FCF Yield

A

FCFE / Mkt Cap

FCFF / EV

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

EPS

A

NI / Avg. Shares OUtstanding

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

P/E

A

Mkt. Cap / NI

Mkt Price per Share / EPS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

EArnings Yield

A

EPS / Mkt Price

17
Q

Equity Turnover

A

Annual Sales / Avg. SE

18
Q

ROE

A

NI /SE

19
Q

ROA

A

NI / TA

20
Q

ROIC

A

EBIT / (Net Debt + Equity)

21
Q

Interest Coverage

A

EBIT / Interest

22
Q

Operating Leverage

A

% chng in EBIT / % chng in Sales

23
Q

EV

A

Mkt Cap + Mkt. Value of Pfd Shares + Net Debt + Non-Controlling Interests

24
Q

Price to CF

A

Mkt Cap / Operating Cash Flow

25
Q

Dividend Yield

A

Common Dividend / Mkt Cap

Div per share / Mkt price per share

26
Q

Divdend payout ratio

A

Dividend / NI

27
Q

PV for year z

A

FCF year z / ((1+WACC)^z)

28
Q

Discounted Terminal value

A

TV / ((1+WACC)^T)

29
Q

Stock Price

A

Dividend / (Required rate of return - Growth rate)

works if dividend growth constant

30
Q

Asset Turnover

A

Sales / Avg.TA

31
Q

Ending Inventory

A

Beginning Inventory + Purchases - COGS

32
Q

Conversion Ratio

A

Par / Conversion Price of Equity

33
Q

Conversion Parity Price

A

Mkt Val of Bond / Conversion Ratio

34
Q

Current Yield

A

Coupon / Mkt Price

35
Q

YTM

A

(Coupon - (Premium/years to maturity))/avg. of par and mkt price

(Coupon - (Discount/years to maturity))/avg. of par and mkt price

36
Q

Discount Yield

A

(Discount / Face Value) * (365 / days to maturity)