Ratios Flashcards
net working capital
current assets - current liabilities
current ratio
current assets / current liabilities
quick ratio/acid test ratio
current assets - inventory / current liabilities
debt ratio
total liabilities / total assets
interest coverage ratio
operating result / interest expenses
return on assets
operating result / average total assets
return on equity (bt)
profit before taxes / average equity x 100
return on equity (at)
profit after taxes / average equity x 100
cost of debt
interest expenses / average liabilities x 100
leverage ratio
liabilities / equity
total assets turnover ratio
turnover / average total assets
stock turnover ratio
purchases / stock balance
days inventory outstanding
stock balance / purchases of COGS x 365 days
days sales outstanding
average debtors balance / turnover x 365 days
days payable outstanding
average creditors balance / purchases on account x 365 days
