Ratio Flashcards
ROE
NI/E
Net margin
NI/S
Operating margin
EBIT/S
Gross margin
GP/S= (1-COGS) / S
Gross margin
GP/S= (1-COGS) / S
Operating expense ratio
Operating cost( SG&A) / S
Operating expense ratio
Operating cost( SG&A) / S
Amortisation ratio
D&A/S
Financial expense ratio
Interest/S
Asset turnover
S/A
Fixed assets turnover (PP&E)
S/ fixed asset
Average collection period
Account receivable/S * 365
Accounts receivables turnover
S/account receivables
Avg inventory # days outstanding
Inventory/cogs *365
Avg account payable # days outstanding
Account payable/ cogs * 365
Cash Conversion Cycle
Avg collection period +avg inventory #days outstanding (stock) -account payables # days outstanding
Leverage
A/E
ROA
EBIT/ asset
Cost of liabilities
Interest/liabilities
ROA>I/L
Using debt has a positive impact on ROE
ROA< I/L
Using debt has a negative impact on ROE
Interest coverage ratio
EBIT/ INTEREST
Financial burden coverage ratio
EBIT/ (Interest + (pp/(1-tax d’impôt ))
Quick ratio
(Cash and equivalent + account receivable )/ current liabilities
Current ratio
Current asset / current liabilities
Current ratio
Current asset / current liabilities
