Formulas Used Flashcards
Capital gain?
(Change in share price)/Original share price
Dividend yield?
Dividend per share / Original share price
Total shareholder returns?
(Share price change + dividend per share)/Share price at beginning of the year
Percentage increase calculation?
(New measurement - Original measurement) / Original measurement
Operating cycle calculation?
Inventory holding period + receivables collection period - payables payment period
Sales to net working capital ratio calculation?
Sales/(net working capital - cash)
EPS calculation?
(Profit after tax - preference dividend) / Number of ordinary shares
Return point miller-orr model calculation?
Lower point + (1/3 * spread)
Gross profit margin?
(Gross profit/Revenue) * 100
Operating profit margin?
(PBIT / Revenue) * 100
ROCE?
(PBIT / Capital employed) * 100
ROE?
((Profit after tax - preference dividends) / Ordinary sharheolders funds) * 100
ROCE split?
Profit margin * capital employed
Current ratio?
Current assets / Current liabilities
Quick ratio?
(Current assets - inventory) / Current liabilities
Receivables collection?
(Accounts receivable / credit sales) * 365
Payables payment?
(Accounts payable / credit purchases) * 365
Inventory holding?
(Average inventory / Cost of sales) * 365
Operating cycle?
Inventory days + receivable days - payables days
Asset turnover?
Sales / capital employed
Sales/working capital?
Sales / working capital
Debt to equity?
(Non-current liabilities / (Capital + reserves)) * 100
Debt to total capital?
(Non-current liabiltiies / Capital employed) * 100
Operational gearning
Contribution/PBIT OR (Fixed costs/Total costs)*100
Interest coverage?
PBIT / Interest expense
Cash flow coverage?
Cash generated from operations / Interest expense
EPS?
(Profit after tax - preference dividends) / Number of ordinary shares in issue
PE?
Ordinary share price / EPS
Dividend coverage?
(Profit after tax - preference dividends) / Ordinary dividend
Dividend payout ratio?
Ordinary dividend / (Profit after tax - preference dividends)
Dividend yield?
(Dividend per ordinary share / Ordinary share price) * 100
Earning yield?
(EPS / Ordinary share price) * 100
