Lucky Cement Limited Ratio Analysis
By: hnylion • August 5, 2016 • Coursework • 4,473 Words (18 Pages) • 1,260 Views
Ratio Analysis
Lucky Cement Limited
As At June 30,2011
- Current Ratio
For 2011 C.R = Current Assets / Current Liabilities
= [pic 1]
= 0.887
For 2010 C.R = Current Assets / Current Liabilities
=31438780 / 9641691
= 3.26
Interpretation :
- Asset Turnover Ratio
For 2011 Asset Turnover Ratio = Net Sales / Total Assets
= [pic 2][pic 3]
= 0.63
For 2010 Asset Turnover Ratio = Net Sales / Total Assets
= [pic 4]
= 0.64
Interpretation :
- Dso / Account Collection Period:
For 2011 Dso = Account Recievable / Avg Daily Net Sales
=
For 2010 Dso = Account Recievable / Avg Daily Net Sales
=
Interpretation :
[pic 5]
Debt Ratios
- Debt Equity
For 2011 Debt Equity = Long Term Debt / Total Equity
=
For 2010 Debt Equity = Long Term Debt / Total Equity
=
Interpretation :
- Debt Total Asset Ratio:
For 2011 Debt Total Asset Ratio = Total Liabilites / Current Assets X 100
= [pic 6]
= 142.27
For 2010 Debt Total Asset Ratio = Total Liabilites / Current Assets X 100
= [pic 7]
= 192.31
Interpretation :
Profitability Ratios
- Gross Profit:
For 2011 Gross Profit% = Gross Profit / Net Sales X 100
= [pic 8]
= 33%
For 2010 Gross Profit% = Gross Profit / Net Sales X 100
= [pic 9]
= 32.5%
Interpretation :
- Net Profit
For 2011 Net Profit% = Net Profit After Tax / Net Sales X 100
= [pic 10]
= 15.2%
For 2010 Net Profit% = Net Profit After Tax / Net Sales X 100
= [pic 11]
= 12.8%
Interpretation :
- Return On Assets
For 2011 Return On Assets = Net Profit/ Total Assets * 100
= [pic 12]
= 9.63%
For 2010 Return On Assets = Net Profit/ Total Assets * 100
[pic 13]
= 8.18%
- Return On Equity
For 2011 Return On Equity = Net Profit / Total Equity *100
= 3970400 / 27772829*100
= 14.3%
For 2010 Return On Equity = Net Profit / Total Equity *100
= 3137457/25095929*100
= 12.5%
Ratio Analysis
Mari Gas Station
As At June 30,2011
- Current Ratio
For 2011 C.R = Current Assets / Current Liabilities
= [pic 14]
= 1.15
For 2010 C.R = Current Assets / Current Liabilities
=[pic 15]
= 0.12
Interpretation :
- Asset Turnover Ratio
For 2011 Asset Turnover Ratio = Net Sales / Total Assets
= 6809686/26377485
= 0.26
For 2010 Asset Turnover Ratio = Net Sales / Total Assets
= 5240117/21912414
= 0.24
Interpretation :
- Dso / Account Collection Period:
For 2011 Dso = Account Recievable / Avg Daily Net Sales
=
For 2010 Dso = Account Recievable / Avg Daily Net Sales
=
Interpretation :
Debt Ratios
- Debt Equity
For 2011 Debt Equity = Long Term Debt / Total Equity
=
For 2010 Debt Equity = Long Term Debt / Total Equity
=
Interpretation :
- Debt Total Asset Ratio:
For 2011 Debt Total Asset Ratio = Total Liabilities / Current Assets X 100
= 15707070/12434851*100
= 126.31%
For 2010 Debt Total Asset Ratio = Total Liabilities / Current Assets X 100
...