Ggmu Flashcards
ROCE
Net profit + interest
————————— X 100
Capital employed
Return on shareholder funds
Net profit - preference dividends
——————————————— X 100
ordinary shares + profit and loss
Current ratio
Current assets
———————
Current Liabilities
Acid Test ratio
Current Assets - Closing stock
——————————————
Current Liabilities
Interest Cover
Net profit + interest
—————————
Interest
Gearing
Debentures + preference shares
——————————————— x 100
Capital Employed
Dps
Ordinary dividends
————————— x 100
Number of ordinary shares issued
Eps
Net profit - preference dividends
——————————————— x 100
Number of ordinary shares issued
Dividend yield
Dps
—— x 100
Mps
Dividend Cover
Net profit - preference dividends
———————————————
Ordinary dividends
Price Earnings ratio
MPS
——
EPS
How long it would take one ordinary share to recoup at present dividend payout
Mps
——
Dps
Period of credit given to debtors
Debtors
———— x 12
Credit sales
Period of credit recieved from creditors
Creditors
———— x 12
Credit purchases
Rate of stock turnover
Cost of sales
——————
Average stock