F3 Equations Flashcards

1
Q

ROCE

A

PBIT / Capital employed (TALCL)

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2
Q

Gross Profit Margin

A

Gross profit / Revenue x 100%

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3
Q

Operating Profit Margin

A

PBIT / Revenue x 100%

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4
Q

Return on Equity

A

Profit after tax and preference dividends / (Ordinary share capital + reserves) x 100%

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5
Q

Asset Turnover

A

Revenue / TALCL

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6
Q

EBIDTA

A

Earnings before interest, tax, depreciation and amortisation

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7
Q

Current Ratio

A

Current assets / current liabilities

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8
Q

Quick Ratio / Acid test

A

(Current assets - inventories) / Current liabilities

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9
Q

Inventory turnover

A

Cost of sales / Inventory

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10
Q

Receivables days

A

(Trade receivables / credit turnover) x 365days

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11
Q

Inventory days

A

(Inventory / cost of sales) x 365days

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12
Q

Payables days

A

(Trade payables / credit purchases or cos) x 365days

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13
Q

Gearing

A

Long term debt / (equity + long term debt) x100%

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14
Q

Interest cover

A

PBIT / Interest payable

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15
Q

Debt ratio

A

Long term debt / total assets

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16
Q

Earnings per share (EPS)

A

Profit available to ordinary shareholders / number of shares

17
Q

Dividend yield

A

DPS / market share price x 100%

18
Q

Dividend payout ratio

A

DPS / EPS

19
Q

Dividend cover

A

EPS / DPS x100 %

20
Q

P/E Ratio

A

Share price / EPS = Market capitalisation / PAT

21
Q

Earnings yield

A

EPS / Share price = PAT / Market capitalisation