F3 Equations Flashcards
ROCE
PBIT / Capital employed (TALCL)
Gross Profit Margin
Gross profit / Revenue x 100%
Operating Profit Margin
PBIT / Revenue x 100%
Return on Equity
Profit after tax and preference dividends / (Ordinary share capital + reserves) x 100%
Asset Turnover
Revenue / TALCL
EBIDTA
Earnings before interest, tax, depreciation and amortisation
Current Ratio
Current assets / current liabilities
Quick Ratio / Acid test
(Current assets - inventories) / Current liabilities
Inventory turnover
Cost of sales / Inventory
Receivables days
(Trade receivables / credit turnover) x 365days
Inventory days
(Inventory / cost of sales) x 365days
Payables days
(Trade payables / credit purchases or cos) x 365days
Gearing
Long term debt / (equity + long term debt) x100%
Interest cover
PBIT / Interest payable
Debt ratio
Long term debt / total assets