Ratio Analysis Financial Accounting
Financial Accounting and Reporting – Ratio Analysis
The following five-year summary relates to VKM Ltd, and is based on financial statements prepared under the historical cost convention.
Financial Ratios 2006 2005 2004 2003 2002
Profitability
Margin Trading Profit
Revenue % 7.8 7.5 7.0 7.2 7.3
Return on Assets Trading Profit
Net Operating Assets % 16.3 17.6 16.2 18.2 18.3
Interest & Dividend Cover
Interest cover Trading Profit
Net Finance Charges times 2.9 4.8 5.1 6.5 3.6
Dividend cover Earnings Per Share
Dividend Per Share times 2.7 2.6 2.1 2.5 3.1
Debt to Equity Ratios
Net Borrowings
Shareholders’ funds % 65.9 61.3 48.3 10.8 36.5
Liquidity Ratios
Quick ratio Current Assets less inventory
Current Liabilities % 74.3 73.3 78.8 113.8 93.4
Current ratio Current Assets
Current Liabilities % 133.6 130.3 142.2 178.9 174.7
Assets Ratios
Operating asset turnover Revenue
Net Operating Assets times 2.1 2.4 2.3 2.5 2.5
Working capital turnover Revenue......
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