Period Ending

2014

2013

Total Revenue
Cost of Revenue
Gross Profit
Operating Expenses
1. Research and Development
2. Sales, General and Admin.
Operating Income
Add'l income/expense items

$90,762,000
$76,752,000
$14,010,000

$86,623,000
$73,268,000
$13,355,000

$3,047,000
$3,480,000
$7,473,000
($13,000)

$3,071,000
$3,742,000
$6,562,000
$76,000

$7,470,000

$6,618,000

$333,000
$7,137,000
$1,691,000
$5,446,000

$386,000
$6,232,000
$1,646,000
$4,586,000

$5,446,000

$4,585,000

Earnings Before Interest and

Tax
Interest Expense
Earnings Before Tax
Income Tax
Net Income
Net Income Applicable to
Common Shareholders

Comparative Income Statement

2012

2011

$81,698,000
$68,665,000
$13,033,000

$68,735,000
$55,888,000
$12,847,000

$3,298,000
$3,449,000
$6,290,000
$66,000

Absolue Difference 1 Absolute Difference 2

(2013-2014)
(2012-2013)

$3,918,000
$3,130,000
$5,823,000
$71,000

$4,139,000
$3,484,000
$655,000
$0
($24,000)
($262,000)
$911,000
($89,000)

$4,925,000
$4,603,000
$322,000
$0
($227,000)
$293,000
$272,000
$10,000

$6,352,000

$5,870,000

$852,000

$266,000

$442,000
$5,910,000
$2,007,000
$3,903,000

$477,000
$5,393,000
$1,382,000
$4,011,000

($53,000)
$905,000
$45,000
$860,000

($56,000)
$322,000
($361,000)
$683,000

$3,900,000

$4,018,000

$861,000

$685,000

Percentage Difference
Absolute Difference 3 Percentagee 1 Percentage 2 Percentage 3
(2011-2012)
(2013-2014) (2012-2013) (2011-2012)
$12,963,000
$12,777,000
$186,000
$0
($620,000)
$319,000
$467,000
($5,000)

4.78%
4.76%
4.90%
0.00%
-0.78%
-7.00%
13.88%
-117.11%

6.03%
6.70%
2.47%
0.00%
-6.88%
8.50%
4.32%
15.15%

18.86%
22.86%
1.45%
0.00%
-15.82%
10.19%
8.02%
-7.04%

$482,000

12.87%

4.19%

8.21%

($35,000)
$517,000
$625,000
($108,000)

-13.73%
14.52%
2.73%
18.75%

-12.67%
5.45%
-17.99%
17.50%

-7.34%
9.59%
45.22%
-2.69%

($118,000)

18.78%

17.56%

-2.94%

From the Income statement Total Revenue is decreased and it

further decreased due to reduction is cost of revenue. So gross
profit is increasing.
Operating income increases due to operation expenses
decreases.
Net income is also increased due to increase in Operative
Income and decrease in expenses.

Period Ending
Cash and Cash Equivalents
Short-Term Investments
Net Receivables
Inventory
Total Current Assets
Long-Term Investments
Fixed Assets
Goodwill
Intangible Assets
Other Assets
Deferred Asset Charges
Total Long-Term Assets
TOTAL ASSETS

Accounts Payable
Short-Term Debt / Current Portion
of Long-Term Debt
Total Current Liabilities
Long-Term Debt
Other Liabilities
Minority Interest
Total Loan Fund
Common Stocks
Capital Surplus
Retained Earnings
Treasury Stock
Other Equity
Total Owners' Fund
Total Liabilities & Equity
WORKING CAPITAL

12/31/2014

12/31/2013

Current Assets
$11,733,000
$9,088,000
$1,359,000
$6,170,000
$7,937,000
$6,904,000
$46,756,000
$42,912,000
$67,785,000
$65,074,000
Long-Term Assets
$4,525,000
$4,831,000
$11,007,000
$10,224,000
$5,119,000
$5,043,000
$2,869,000
$3,052,000
$1,317,000
$1,500,000
$6,576,000
$2,939,000
$31,413,000
$27,589,000
$99,198,000
$92,663,000
Current Liabilities
$55,788,000
$49,923,000
$929,000

$1,563,000

$56,717,000
$51,486,000
Loan Fund
$8,141,000
$8,072,000
$25,550,000
$18,108,000
$125,000
$122,000
$33,816,000
$26,302,000
Owners' Fund
$5,061,000
$5,061,000
$4,625,000
$4,415,000
$36,180,000
$32,964,000
($23,298,000)
($17,671,000)
($13,903,000)
($9,894,000)
$8,665,000
$14,875,000
$99,198,000
$92,663,000
$11,068,000

$13,588,000

Comparative Balance Sheet

12/31/2012

12/31/2011

Absolue Difference 1
(2013-2014)

$10,341,000
$3,217,000
$6,000,000
$37,751,000
$57,309,000

$10,049,000
$1,223,000
$6,298,000
$32,240,000
$49,810,000

$2,645,000
($4,811,000)
$1,033,000
$3,844,000
$2,711,000

$5,236,000
$9,660,000
$5,035,000
$3,111,000
$1,792,000
$6,753,000
$31,587,000
$88,896,000

$5,339,000
$9,313,000
$4,945,000
$3,044,000
$1,643,000
$5,892,000
$30,176,000
$79,986,000

($306,000)
$783,000
$76,000
($183,000)
($183,000)
$3,637,000
$3,824,000

$43,546,000

$38,921,000

$5,865,000

$1,436,000

$2,353,000

$44,982,000

$41,274,000

($634,000)
$5,231,000

$8,973,000
$28,974,000
$100,000
$38,047,000

$10,018,000
$25,086,000
$93,000
$35,197,000

$69,000
$7,442,000
$3,000
$7,514,000

$5,061,000
$4,122,000
$30,037,000
($15,937,000)
($17,416,000)
$5,867,000
$88,896,000

$5,061,000
$4,033,000
$27,524,000
($16,603,000)
($16,500,000)
$3,515,000
$79,986,000

$210,000
$3,216,000
($5,627,000)
($4,009,000)
($6,210,000)
$6,535,000

$12,327,000

$8,536,000

nce Sheet
Percentage Difference
Percentagee 1
(2013-2014)

Absolute Difference 2
(2012-2013)

Absolute Difference 3
(2011-2012)

($1,253,000)
$2,953,000
$904,000
$5,161,000
$7,765,000

$292,000
$1,994,000
($298,000)
$5,511,000
$7,499,000

29.10%
-77.97%
14.96%
8.96%
4.17%

($405,000)
$564,000
$8,000
($59,000)
($292,000)
($3,814,000)
($3,998,000)

($103,000)
$347,000
$90,000
$67,000
$149,000
$861,000
$1,411,000

-6.33%
7.66%
1.51%
-6.00%
-12.20%
123.75%
13.86%

$6,377,000

$4,625,000

11.75%

$127,000
$6,504,000

($917,000)
$3,708,000

-40.56%
10.16%

($901,000)
($10,866,000)
$22,000
($11,745,000)

($1,045,000)
$3,888,000
$7,000
$2,850,000

0.85%
41.10%
2.46%
28.57%

$293,000
$2,927,000
($1,734,000)
$7,522,000
$9,008,000
$3,767,000

$89,000
$2,513,000
$666,000
($916,000)
$2,352,000
$8,910,000

4.76%
9.76%
31.84%
40.52%
-41.75%
7.05%

Percentage Difference
Percentage 2 Percentage 3
(2012-2013) (2011-2012)
-12.12%
91.79%
15.07%
13.67%
13.55%

2.91%
163.04%
-4.73%
17.09%
15.06%

-7.73%
5.84%
0.16%
-1.90%
-16.29%
-56.48%
-12.66%

-1.93%
3.73%
1.82%
2.20%
9.07%
14.61%
4.68%

14.64%

11.88%

8.84%
14.46%

-38.97%
8.98%

-10.04%
-37.50%
22.00%
-30.87%

-10.43%
15.50%
7.53%
8.10%

7.11%
9.74%
10.88%
-43.19%
153.54%
4.24%

2.21%
9.13%
-4.01%
5.55%
66.91%
11.14%

From the balance sheet we can find cash and

equivalent has been increased from 2011 to 2
then it further decreases in 2013 and increase
2014. So company has maximum cash compa
with other years. So company can pay its liab
easily.
In terms of Inventory it is decreased slowly. So
are reduced.
In terms of Fixed asset we can find changes
positive (increased manner) and highest at 2
If we see current liability, it is increased in bet
and then decreased but overall figure in 201
higher than 2011. Means they paid their liabilit
to increase in sales.
If we look into Loan fund it is decreased initiall
then increases finally. This means owners has
share than its creditor and after that loan fu
increases, so there is a rise in Loan fund.
Owners fund initially increases due to decreas
Loan Fund and Owners fund is further reduced
to increase in Total Loan Fund.

et we can find cash and cash

increased from 2011 to 2012
ases in 2013 and increases in
as maximum cash compared
company can pay its liability
easily.
t is decreased slowly. So sales
e reduced.
sset we can find changes is
manner) and highest at 2014.
ity, it is increased in between
but overall figure in 2014 is
ans they paid their liability due
ease in sales.
nd it is decreased initially and
This means owners has more
tor and after that loan fund
re is a rise in Loan fund.
increases due to decrease in
s fund is further reduced due
in Total Loan Fund.

Common Size Income S

PARTICULARS
Total Revenue
Less: Cost of Revenue
Gross Profit
Less: Operating Expenses
1. Research and Development
2. Sales, General and Admin.
Operating Income
Add: Addl income/expense items
Earnings Before Interest and Tax
Less: Interest Expense
Earnings Before Tax
Income Tax
Net Income
Net Income Applicable to Common
Shareholders

Period Ending
12/31/2014
12/31/2013
12/31/2012
$90,762,000 $86,623,000 $81,698,000
$76,752,000 $73,268,000 $68,665,000
###
###
###
$3,047,000
$3,480,000
$7,483,000
($13,000)
$7,470,000
$333,000
$7,137,000
$1,691,000
$5,446,000
$5,446,000

$3,071,000
$3,742,000
$6,542,000
$76,000
$6,618,000
$386,000
$6,232,000
$1,646,000
$4,586,000
$4,585,000

$3,298,000
$3,449,000
$6,286,000
$66,000
$6,352,000
$442,000
$5,910,000
$2,007,000
$3,903,000
$3,900,000

Common Size Income Statement

Percentage Change

ng

YEAR1

YEAR2

YEAR3

YEAR4

12/31/2011
$68,735,000
$55,888,000
###

2014
100%
84.56%
15.44%

2013
100%
84.58%
15.42%

2012
100%
84.05%
15.95%

$3,918,000
$3,130,000
$5,799,000
$71,000
$5,870,000
$477,000
$5,393,000
$1,382,000
$4,011,000
$4,018,000

3.36%
3.83%
8.24%
-0.01%
8.23%
0.37%
7.86%
1.86%
6.00%
6.00%

3.55%
4.32%
7.55%
0.09%
7.64%
0.45%
7.19%
1.90%
5.29%
5.29%

4.04%
4.22%
7.69%
0.08%
7.77%
0.54%
7.23%
2.46%
4.78%
4.77%

YEAR2
2011 2014-2013
100%
0.00%
81.31%
-0.02%
18.69%
0.12%
5.70%
4.55%
8.44%
0.10%
8.54%
0.69%
7.85%
2.01%
5.84%
5.85%

-5.60%
-12.67%
8.40%
712.55%
7.17%
-21.45%
8.51%
-1.99%
11.77%
11.79%

Percentage Change
YEAR3
YEAR4
2013-2012 2012-2011
0.00%
0.00%
0.63%
3.26%
-3.47%
-17.16%
-13.87%
2.27%
-1.88%
7.92%
-1.77%
-21.41%
-0.55%
-29.28%
9.76%
9.81%

-41.20%
-7.87%
-9.65%
-27.86%
-9.84%
-28.27%
-8.46%
18.15%
-22.15%
-22.46%

If we saw Gross Profit, it is increases because cost of revenue decr

expenses decreases due to this Gross Profit increaes. Operating In
expenses decreases.
Net income increases it happened becauses company reduced the

e cost of revenue decreases. Cost of revenue decreases means

ncreaes. Operating Income increases because operating

company reduced their expenses.

Common S
PARTICULARS

Cash and Cash Equivalents

Short-Term Investments
Net Receivables
Inventory
Total Current Assets
Long-Term Investments
Fixed Assets
Goodwill
Intangible Assets
Other Assets
Deferred Asset Charges
Total Long-Term Assets
Total Assets

Accounts Payable
Short-Term Debt / Current Portion
of Long-Term Debt
Total Current Liabilities

12/31/2014

Period Ending
12/31/2013

Current Assets
$11,733,000
$9,088,000
$1,359,000
$6,170,000
$7,937,000
$6,904,000
$46,756,000
$42,912,000
$67,785,000
$65,074,000
Long-Term Assets
$4,525,000
$4,831,000
$11,007,000
$10,224,000
$5,119,000
$5,043,000
$2,869,000
$3,052,000
$1,317,000
$1,500,000
$6,576,000
$2,939,000
$31,413,000
$27,589,000
$99,198,000
$92,663,000
Current Liabilities
$55,788,000
$49,923,000
$929,000

$1,563,000

Common Stocks
Capital Surplus
Retained Earnings
Treasury Stock
Other Equity
Total Owners' Fund
Total Liabilities & Equity

$56,717,000
$51,486,000
Loan Fund
$8,141,000
$8,072,000
$25,550,000
$18,108,000
$125,000
$122,000
$33,816,000
$26,302,000
Owners' Fund
$5,061,000
$5,061,000
$4,625,000
$4,415,000
$36,180,000
$32,964,000
($23,298,000)
($17,671,000)
($13,903,000)
($9,894,000)
$8,665,000
$14,875,000
$99,198,000
$92,663,000

Notes:
Working Capital

$11,068,000

Long-Term Debt
Other Liabilities
Minority Interest
Total Loan Fund

$13,588,000

Common Size Balance Sheet

Period Ending
YEAR1
12/31/2012
12/31/2011

YEAR2

YEAR3

2014

2013

2012

$10,341,000
$3,217,000
$6,000,000
$37,751,000
$57,309,000

$10,049,000
$1,223,000
$6,298,000
$32,240,000
$49,810,000

11.83%
1.37%
8.00%
47.13%

9.81%
6.66%
7.45%
46.31%

11.63%
3.62%
6.75%
42.47%

$5,236,000
$9,660,000
$5,035,000
$3,111,000
$1,792,000
$6,753,000
$31,587,000
$88,896,000

$5,339,000
$9,313,000
$4,945,000
$3,044,000
$1,643,000
$5,892,000
$30,176,000
$79,986,000

4.56%
11.10%
5.16%
2.89%
1.33%
6.63%

5.21%
11.03%
5.44%
3.29%
1.62%
3.17%

5.89%
10.87%
5.66%
3.50%
2.02%
7.60%

100.00%

100.00%

100.00%

$43,546,000

$38,921,000

56.24%

53.88%

48.99%

$1,436,000

$2,353,000

0.94%

1.69%

1.62%

$44,982,000

$41,274,000

$8,973,000
$28,974,000
$100,000
$38,047,000

$10,018,000
$25,086,000
$93,000
$35,197,000

8.21%
25.76%
0.13%

8.71%
19.54%
0.13%

10.09%
32.59%
0.11%

$5,061,000
$4,122,000
$30,037,000
($15,937,000)
($17,416,000)
$5,867,000
$88,896,000

$5,061,000
$4,033,000
$27,524,000
($16,603,000)
($16,500,000)
$3,515,000
$79,986,000

5.10%
4.66%
36.47%
-23.49%
-14.02%

5.46%
4.76%
35.57%
-19.07%
-10.68%

5.69%
4.64%
33.79%
-17.93%
-19.59%

100.00%

100.00%

100.00%

$12,327,000

$8,536,000

YEAR4

Percentage Change
2011 YEAR2
YEAR3
YEAR4
2014-2013
2013-2012
2012-2011

12.56%
1.53%
7.87%
40.31%

17.08%
-386.03%
6.88%
1.75%
4.00%

-18.61%
45.65%
9.41%
8.30%
11.93%

-8.00%
57.75%
-16.66%
5.09%
13.09%

6.67%
11.64%
6.18%
3.81%
2.05%
7.37%
100.00%

-14.29%
0.56%
-5.46%
-13.88%
-21.93%
52.16%
12.17%
0.00%

-12.98%
1.51%
-4.07%
-6.25%
-24.53%
-139.51%
-14.49%
0.00%

-13.33%
-7.15%
-9.15%
-8.75%
-1.90%
3.03%
4.47%
0.00%

48.66%

4.20%

9.08%

0.66%

2.94%

-80.11%
9.22%

4.23%
12.63%

-82.11%
8.24%

12.52%
31.36%
0.12%

-6.15%
24.13%
-4.48%
22.22%

-15.87%
-66.79%
14.56%
-44.65%

-24.08%
3.77%
-3.36%
7.49%

6.33%
5.04%
34.41%
-20.76%
-20.63%

-7.05%
-2.19%
2.46%
18.80%
23.82%
-71.67%
0.00%

-4.24%
2.68%
5.02%
5.99%
-83.49%
60.56%
0.00%

-11.14%
-8.74%
-1.84%
-15.78%
-5.29%
40.09%
0.00%

-22.77%

9.28%

30.75%

100.00%

From the above balance sheet we clearly see that cash and cash
equivalents is -8% in 2012-2011. It is further decreases -18.61% in 20132012 and after that it is increased to 17.08% in 2014-2013. It shows that
company have highest cash in 2014 year it means they have paid their
liabilities very easily. And they got short term loans very easily. If we
inventory row then it is 5.09% in 2012-11 year and it is increses to 8.30 %
in 2013-12 years it shows that it sales increases and in 2014-13 it is dip
into 1.75% which shows that it sales decreases.
If we see the fixed assets then it is increases in 2013-12 from 2012-11. It
means company may bought lands or plant & machinery. But in 2014-13
years it is decrease from 1.51% to 0.56%. It means in this year company
sold his fixed assets i.e. land or plant & machines.
In Account Payable it is increases from 0.66%(2012-11) to 9.08%(2013-12),
it means they paid their liabilities more. But in 2014-13 year it is decreases
which may shows that it bought goods on credit less compare to other
year. Due to this total Current Liability increases previously and after that
it is decreases, means they paid their liabilities more because their net
sales also increases.
Total Loan Funds initially decreases which means owners have more share
in the company compare to creditors (if we see total owners fund from
2012-11 to 2013-12 then we came to know it happened because total loan
fund decfreases) , after that loan fund increases it means it take more raw
material from credits and treasury stock also increases .
If we see the total owner's fund it is decreases (from 2013-12 to 2014-13)
because loan fund increases.
Now finally if we saw working capital then it is decreases initially because
current assets is not increases exponentially and in 2014-13 current assets
is decreases therefore percentage change in working capital is negative.

Trend Analysis of Income Statement of Boein

Period Ending
2014
2013
PARTICULARS
AMOUNT
PERCENTAGE
AMOUNT PERCENTAGE
Total Revenue
$90,762,000
132%
$86,623,000
126%
Cost of Revenue
$76,752,000
137%
$73,268,000
131%
Gross Profit
###
109%
###
104%
Operating Expenses
1. Research and
$3,047,000
78%
$3,071,000
78%
Development
2. Sales, General and
$3,480,000
Admin.
Operating Income $7,473,000
Add'l income/expense
items

($13,000)

Earnings Before
$7,470,000
Interest and Tax
Interest Expense
$333,000
Earnings Before Tax $7,137,000
Income Tax
$1,691,000
Net Income
$5,446,000
Net Income
Applicable to
Common
Shareholders
160%
140%
120%
100%
80%
60%
40%
20%
0%
-20%
-40%

$5,446,000

111%

$3,742,000

120%

128%

$6,562,000

113%

-18%

$76,000

107%

127%

$6,618,000

113%

70%
132%
122%
136%

$386,000
$6,232,000
$1,646,000
$4,586,000

81%
116%
119%
114%

136%

$4,585,000

114%

Statement of Boeing
2012
2011
AMOUNT
PERCENTAGE
AMOUNT PERCENTAGE
$81,698,000
119%
$68,735,000
100%
$68,665,000
123%
$55,888,000
100%
###
101%
###
100%
$3,298,000

84%

$3,918,000

100%

$3,449,000

110%

$3,130,000

100%

$6,290,000

108%

$5,823,000

100%

$66,000

93%

$71,000

100%

$6,352,000

108%

$5,870,000

100%

$442,000
$5,910,000
$2,007,000
$3,903,000

93%
110%
145%
97%

$477,000
$5,393,000
$1,382,000
$4,011,000

100%
100%
100%
100%

$3,900,000

97%

$4,018,000

100%

2014

2013

2012

2011

As we can see gross profit is increasing as operating expenses are decreasing

stable. Operating Income increases because operating expenses decreases.
Net income increases it happened becauses company reduced their expense

2014
2013
2012
2011

penses are decreasing. So the company is more

expenses decreases.
educed their expenses.

Trend Analysis of Balance Sheet of Boeing

Period Ending
PARTICULARS
Current Assets
Cash and Cash
Equivalents

2014
AMOUNT
PERCENTAGE

2013
AMOUNT
PERCENTAGE

$11,733,000

117%

$9,088,000

90%

Short-Term
Investments
Net Receivables
Inventory

$1,359,000

111%

$6,170,000

504%

$7,937,000
$46,756,000

126%
145%

$6,904,000
$42,912,000

110%
133%

Total Current Assets

$67,785,000

136%

$65,074,000

131%

$4,525,000

85%

$4,831,000

90%

$11,007,000
$5,119,000
$2,869,000
$1,317,000

118%
104%
94%
80%

$10,224,000
$5,043,000
$3,052,000
$1,500,000

110%
102%
100%
91%

$6,576,000

112%

$2,939,000

50%

104%

$27,589,000

91%

$99,198,000

124%

$92,663,000

116%

$55,788,000

143%

$49,923,000

128%

$929,000

39%

$1,563,000

66%

$56,717,000

137%

$51,486,000

125%

$8,141,000
$25,550,000
$125,000
$33,816,000

81%
102%
134%
96%

$8,072,000
$18,108,000
$122,000
$26,302,000

81%
72%
131%
75%

$5,061,000
$4,625,000
$36,180,000
($23,298,000)
($13,903,000)

100%
115%
131%
140%
84%

$5,061,000
$4,415,000
$32,964,000
($17,671,000)
($9,894,000)

100%
109%
120%
106%
60%

$8,665,000

247%

$14,875,000

423%

Long-Term Assets
Long-Term
Investments
Fixed Assets
Goodwill
Intangible Assets
Other Assets
Deferred Asset
Charges

Total Long-Term Assets $31,413,000

TOTAL ASSETS
Current Liabilities
Accounts Payable
Short-Term Debt /
Current Portion of
Long-Term Debt
Total Current
Liabilities
Loan Fund
Long-Term Debt
Other Liabilities
Minority Interest
Total Loan Fund
Owners' Fund
Common Stocks
Capital Surplus
Retained Earnings
Treasury Stock
Other Equity
Total Owners' Fund

Total Liabilities &

Equity

$99,198,000

124%

$92,663,000

116%

WORKING CAPITAL

$11,068,000

130%

$13,588,000

159%

450%
400%
350%
300%
250%
200%
150%
100%
50%
0%
Total Current Assets

Total Current Liabilities

WORKING CAPITAL

Total Long-Term Assets

Total Loa

nce Sheet of Boeing

2012
AMOUNT
PERCENTAGE

2011
AMOUNT
PERCENTAGE

$10,341,000

103%

$10,049,000

100%

$3,217,000

263%

$1,223,000

100%

$6,000,000
$37,751,000

95%
117%

$6,298,000
$32,240,000

100%
100%

$57,309,000

115%

$49,810,000

100%

$5,236,000

98%

$5,339,000

100%

$9,660,000
$5,035,000
$3,111,000
$1,792,000

104%
102%
102%
109%

$9,313,000
$4,945,000
$3,044,000
$1,643,000

100%
100%
100%
100%

$6,753,000

115%

$5,892,000

100%

$31,587,000

105%

$30,176,000

100%

$88,896,000

111%

$79,986,000

100%

$43,546,000

112%

$38,921,000

100%

$1,436,000

61%

$2,353,000

100%

$44,982,000

109%

$41,274,000

100%

$8,973,000
$28,974,000
$100,000
$38,047,000

90%
115%
108%
108%

$10,018,000
$25,086,000
$93,000
$35,197,000

100%
100%
100%
100%

$5,061,000
$4,122,000
$30,037,000
($15,937,000)
($17,416,000)

100%
102%
109%
96%
106%

$5,061,000
$4,033,000
$27,524,000
($16,603,000)
($16,500,000)

100%
100%
100%
100%
100%

$5,867,000

167%

$3,515,000

100%

$88,896,000

111%

$79,986,000

100%

$12,327,000

144%

$8,536,000

100%

g-Term Assets

2014
2013
2012
2011

Total Loan Fund

Total Owners' Fund

As per data available, Current asset have been

increasing continiously since 2011 to 2014, which
represents Company's current asset are increasing at
higher ratio as compared to current liablity except for
the year 2014.
As per percentage
derived for long term asset, we see there is a
increase in every year except 2013. So company is
increasing its long term asset and it could be derived
that company is in a good health and it's expanding.
If we look into Loan fund it is increased initially and
then decreases. This means owners has less share
than its creditor and after that loan fund decreases,
there is a fall in Loan fund.
Owners fund is
increased rapidly for two years, means owners has
more rights over the company than the creditors and
later it decreases in 2014 which shows opposite
scenario of this.

Total Revenue
Cost of Revenue
Gross Profit
Research and
Development
Sales, General and
Admin.
Operating Income

2014
2013
PERCENTAG
PERCENTAG
AMOUNT
AMOUNT
E
E
$90,762,000
132%
$86,623,000
126%
###

109%

###

104%

$3,047,000

78%

$3,071,000

78%

$3,480,000

111%

$3,742,000

120%

128%

$6,562,000

113%

-18%

$76,000

107%

127%
70%
132%
122%

$6,618,000
$386,000
$6,232,000
$1,646,000

113%
81%
116%
119%

Add'l income/expense
$7,473,000
items
Earnings Before
($13,000)
Interest and Tax
Interest Expense
$7,470,000
Earnings Before Tax
$333,000
Income Tax
$7,137,000
Net Income
$1,691,000
Net Income
Applicable to
Common
Shareholders

$5,446,000

136%

$4,586,000

114%

$5,446,000

136%

$4,585,000

114%

$3,900,000

160%
140%
120%
100%
80%
60%
40%
20%
0%
-20%
-40%

2014
132%
137%
109%
78%
111%
128%
-18%
127%
70%
132%
122%
136%
136%

2013
126%
131%
104%
78%
120%
113%
107%
113%
81%
116%
119%
114%
114%

2012
119%
123%
101%
84%
110%
108%
93%
108%
93%
110%
145%
97%
97%

2011
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%

2012
2011
PERCENTAG
PERCENT
AMOUNT
AMOUNT
E
AGE
$81,698,000
119%
$68,735,000
100%
###

101%

###

100%

$3,298,000

84%

$3,918,000

100%

$3,449,000

110%

$3,130,000

100%

$6,290,000

108%

$5,823,000

100%

$66,000

93%

$71,000

100%

$6,352,000
$442,000
$5,910,000
$2,007,000

108%
93%
110%
145%

$5,870,000
$477,000
$5,393,000
$1,382,000

100%
100%
100%
100%

$3,903,000

97%

$4,011,000

100%

97%

$4,018,000

100%

2014
2013
2012
2011

2014 2013 2012 2011

Total Current Assets
Total Current
Liabilities
WORKING CAPITAL

136% 131% 115% 100%

137% 125% 109% 100%
130% 159% 144% 100%

Total Long-Term Assets 104%

Total Loan Fund
Total Owners' Fund

96%

91%

105% 100%

75%

108% 100%

247% 423% 167% 100%

500%
400%
300%
200%
100%
0%

500%
400%
300%
200%
100%
0%

2014
2013
2012
2011

Liquidity Ratio

SL.No
1
2
3
4

Years
2011
2012
2013
2014

Current Ratio=
(Current Asset
/Current Liability)
1.21
1.27
1.26
1.20

quidity Ratio
Quick Ratio=
Quik Assets/Quick
Liabilities
0.43
0.43
0.43
0.37

Cash Ratio=
(Cash+Bank+Marketable
Security)/Current
Liabilities
0.24
0.23
0.18
0.21

SL.No
1
2
3
4

Years
2011
2012
2013
2014

Gross Profit Ratio=

Gross Profit/ Net Sales
18.69%
15.95%
15.42%
15.44%

PROFITABILITY RATIOS

Operating Ratio=
( COGS + Operating
Expenses)/ Net Sales
91.56%
92.30%
92.45%
91.75%

Operating profit
Ratio=
Operating Net Profit/
Expenses Ratio=
Net Sales
Expenses/Net Sales
7.85%
10.25%
7.23%
8.26%
7%
8%
8%
7%

BILITY RATIOS

Net Profit Margin

Ratio=
Return On Capital Employed=
Net Profit after
Profit Before Interest&
Tax/Net Sales
Tax/Capital Employed
6%
15%
5%
14.46%
5%
16.07%
6%
17.58%

Return On Proprietor
Fund= Profit After
Tax/Proprietor Fund

Return On Equity=Profit
After Tax/(Equity Share
Capital+Reserves+Surplus)

SL.No
1
2
3
4

Year
2014
2013
2012
2011

Work Capital Turnover Ratio= Fixed Asset Turnover Ratio=

Net Sales / Working Capital
Net Sales/Net Fixed Assets
8.20
2.89
6.37
3.14
6.63
2.59
8.05
2.28

Turnover
Ratios
Current Asset Turnover
Capital Turn Over ratio=
Net Sales/ Capital Employed
2.14
2.10
1.86
1.78

Ratio= Net Sales/ Current

Assets
1.34
1.33
1.43
1.38

tios
Net Asset Turnover Ratio= Inventory Turn Over Ratio (times)=Cost
Net Sales/ Net Assets
of Goods Sold/ Average Inventory
0.91
1.94
0.93
2.02
0.92
2.16
0.86
2.13

Inventory Holding Period (days)= 365/

Inventory Turn Over Ratio
188.03
180.82
168.66
171.20

SL.No
1
2
3
4

Years
2011
2012
2013
2014

Debt to Equity Ratio= Total

borrowed fund/Proprietors fund
22.76
15.15
6.23
11.45

Solvency Ratio
Proprietary Ratio=
Proprietors Fund/ Total Asset
0.04
0.07
0.16
0.09

Solvency Ratio
Capital Gearing Ratio/Leverage Ratio=
Equity Share Capital+Reserve& Surplus/Fixed Interest& Divident Funds

Debt Service Ratio or Interest Coverage Ratio=

Net profit before interestand Tax/Fixed Interest Charges