Ratios Flashcards
1
Q
Working Capital
A
CA - CL
2
Q
Current Ratio (WC Ratio)
A
CA / CL
3
Q
Acid-Test
A
(Cash Equiv+Marketable Securities+Net Rec.) / CL
4
Q
Cash Ratio
A
(Cash Equiv+Marketable Securities) / CL
5
Q
AR Turnover
A
Net Credit Sales / Avg Net Rec
6
Q
AR Turnover in Days
A
Avg Net Rec / (Net Credit Sales / 365)
7
Q
Inventory Turnover
A
COGS / Avg Inventory
8
Q
Inventory Turnover in Days
A
Avg Inv / (COGS / 365)
9
Q
Operating Cycle
A
AR turnover in days + inventory turnover in days
10
Q
Working Capital Turnover
A
Sales / Avg Working Capital
11
Q
Total Asset Turnover
A
Net Sales / Avg Toal Assets
12
Q
Net Profit Margin
A
Net Income / Net Sales
13
Q
ROA
A
Net Income / Avg Total Assets
14
Q
DuPont ROA
A
Net Profit Margin * Avg Total Assets
15
Q
ROI
A
[NI + Interest Exp(1 - Tax Rate)] / [Average (Long-Term Liab / Equity)]
