Академический Документы
Профессиональный Документы
Культура Документы
Selling general and admin expenses $ 5,195.00 $ 6,352.00 $ 7,471.00 31.78% $ 8,965.20
Depreciation $ 160.00 $ 180.00 $ 213.00
Net interest expense $ 119.00 $ 106.00 $ 94.00
Pre-tax income $ 1,326.00 $ 1,819.00 $ 2,115.00
Incoime tax $ 546.00 $ 822.00 $ 925.00 $ 0.44
Net Income $ 780.00 $ 997.00 $ 1,190.00
Balance sheet
Assets
Cash $ 508.00 $ 609.00 $ 706.00 3.00% $ 847.20 3.00% $ 1,016.63
Accounts receivable $ 2,545.00 $ 3,095.00 $ 3,652.00 15.54% $ 4,382.40 15.54% $ 5,258.85
Inventories $ 1,630.00 $ 1,838.00 $ 2,190.00 $ 1,625.00 $ 2,190.00
Total current assets $ 4,683.00 $ 5,542.00 $ 6,548.00
Liabilities
Current maturities of longterm debt $ 125.00 $ 125.00 $ 125.00 $ 125.00 $ 125.00
Accounts payable $ 1,042.00 $ 1,325.00 $ 1,440.00 6.13% $ 1,728.00 6.13% $ 2,073.59
Accrued expenses $ 1,145.00 $ 1,432.00 $ 1,653.00 7.03% $ 1,983.60 7.03% $ 2,380.31
Total current liabilities $ 2,312.00 $ 2,882.00 $ 3,218.00 $ 3,836.60 $ 4,578.89
Liquidity Ratio
Net-working capital to total-assets ratio 0.36 0.34 0.37
Current Ratio 2.03 1.92 2.03 4. Financially sound. Current assets double than liabilities
Quick Ratio 1.32 1.29 1.35 5. Capable to pay the liabilities
Cash Ratio 0.22 0.21 0.22 6. Cash insufficient to pay off liabilities at once if needed
Interval Measure
Efficiency Ratios
Sales-to-asset Ratio 2.83 2.80 1. High and efficient use of assets to generate sales
Sales-to-net-working-capital 8.09 7.85
Days in inventory 53.19 54.00 2. High inventory being maintained (Location of central house may be reason)
Inventory turnover 6.86 6.76
Average collection period(days) 50.57 52.39 3. Customers paying with more delay. May be due to increased credit period
Receivables turnover 7.22 6.97
Profitability Ratios
Net Profit Margin % 5.54% 5.42% 5.46% 1. Almost consistent
Return on assets % 15.32% 15.28% 2. Almost consistent
Return on equity % 68.72% 87.84% 104.85% 3. Better returns for shareholders