key calcs Flashcards
Gearing
total debt / (total debt+ total equity) x 100
debt = non current liabilities only
Operating profit margin %
Operating profit / revenue x 100
Interest cover
Operating profit / finance cost
Asset turnover
Revenue / non-current assets
ROCE
Profit for the year / capital employed x 100
capital employed = capital + non current liabilities
Gross profit margin
Gross profit / sales revenue x 100
Expense / Revenue percentage
Specified expense / sales revenue x 100
Net profit margin
Profit for the year / sales revenue x 100
Retained earnings
Retained earnings b/fwd = x
Current year profit = x
Less: Dividends = (x)
Retained earnings c/fwd = x
Cost of sales
Opening inventory = x
Purchases = x
Purchase returns = (x)
Closing inventory = (x)
Current ratio
Current assets / current liabilities
Inventory holding days
Inventory / cost of sales x 365
Creditor days
Trade payables / cost of sales x 365
Debtor days
Trade debtors / revenue x 365
Quick ratio / acid test
(Cash and equivalents - accounts receivable) / current liabilities
