Академический Документы
Профессиональный Документы
Культура Документы
Net income+interest
2. Return on capital employed = 𝑆ℎ𝑎𝑟𝑒 𝑐𝑎𝑝𝑖𝑡𝑎𝑙 (𝑖𝑛𝑐𝑙𝑢𝑑𝑖𝑛𝑔 𝑝𝑟𝑒𝑓𝑒𝑟𝑒𝑛𝑐𝑒 𝑠ℎ𝑎𝑟𝑒, 𝑖𝑓 𝑎𝑛𝑦) + 𝑅𝑒𝑠𝑒𝑟𝑣𝑒𝑠 + 𝐿𝑜𝑛𝑔𝑡𝑒𝑟𝑚 𝑙𝑜𝑎𝑛𝑠
×100
Efficiency ratios
Average stock held
4. Average stock turnover period = ×365
cost of sales
Sales
7. Sales to capital employed = Long term capital employed
Liquidity ratios
Current assets
8. Current ratio = Current liabilities (creditors due within one year)
Gearing ratios
𝑃𝑟𝑜𝑓𝑖𝑡 𝑏𝑒𝑓𝑜𝑟𝑒 𝑖𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝑎𝑛𝑑 𝑡𝑎𝑥𝑎𝑡𝑖𝑜𝑛 (𝑖.𝑒.𝐸𝐵𝐼𝑇)
11. Interest cover ratio = 𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝑒𝑥𝑝𝑒𝑛𝑠𝑒
Total Liabilities
12. Debt ratio = 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠
Investment ratios
𝐷𝑖𝑣𝑖𝑑𝑒𝑛𝑑𝑠 𝑎𝑛𝑛𝑜𝑢𝑛𝑐𝑒𝑑 𝑑𝑢𝑟𝑖𝑛𝑔 𝑡ℎ𝑒 𝑝𝑒𝑟𝑖𝑜𝑑
13. Dividend per share = 𝑁𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑠ℎ𝑎𝑟𝑒𝑠 𝑖𝑛 𝑖𝑠𝑠𝑢𝑒
𝑆ℎ𝑎𝑟𝑒 𝑝𝑟𝑖𝑐𝑒 𝑎𝑡 𝑡ℎ𝑒 𝑒𝑛𝑑 –𝑠ℎ𝑎𝑟𝑒 𝑝𝑟𝑖𝑐𝑒 𝑎𝑡 𝑡ℎ𝑒 𝑏𝑒𝑔𝑖𝑛𝑛𝑖𝑛𝑔 + 𝐷𝑖𝑣𝑖𝑑𝑒𝑛𝑑 𝑝𝑒𝑟 𝑠ℎ𝑎𝑟𝑒
15. Total Shareholder Return = Share price at beginning