ratios ffc (1)
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8/3/2019 Ratios FFC (1)
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2010 2009
ASSETS
Property, plant and equipment 13,993,518Goodwill 1,569,234Long term investments 7,727,528Long term loans and advances 337,541Long term deposits 6,305
25,,837,214 23,634,126
Stores, spares and loose tools 2,996,633Stock-in-trade 144,087Trade debts 256,886loans n advances 130,219deposits and prepayments 37,653other receivable 734,062Short term investments 6,768,568Cash and bank balances 3,849,348
17,223,642 14,917,456
TOTAL ASSETS 43,060,856 38,551,582
Equity
Share Capital and ReserveShare capital 6,785,271
Capital Reserve 160,000Revenue Rserve 6,137,171
15,447,547 13,082,442
Non-Current Assets
Current Assets
EQIUTY & LIABILITIES
15,933,588
1,569,234
7,870,027
455,328
9,037
2440201
211,720
357,956
336,269
50,188
617,664
12,020,581
1,189,063
6785271
160,000
8,502,276
BALANCE SHEET
FFC
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8/3/2019 Ratios FFC (1)
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Liabilities
Non-Current Liabilities
Long term borrowing 4578809
deferred taxation 3,035,757
7,035,226 7,614,566Current Liabilities
Trade and other payables 8,002,897
Mark up accrued 147,329
short term borrowing 6,088,348
current portion of long term borrowing 1,799,405
Provison for income tax - net 1,816,595
20,578,083 17,854,574
Total Liabilities 43,060,856 25,469,140
Contingencies and commitments
TOTAL EQUITY AND LIABILITIES 43,060,856 38,551,582
Creditors 435,463
Cash Generated from Operations 20,241,360 14,487,016
Cash flow from Operating Activites 14,628,659 8,919,075
3,819,405
3,215,821
9,614,026
137,968
5,640,420
1,759,405
3,426,264
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8/3/2019 Ratios FFC (1)
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8/3/2019 Ratios FFC (1)
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2008 2007
12,730,813 10,390,4901,569,234 1,569,2347,744,779 6,325,129
163,102 142,7821,524 2144
22,209,452 18,429,779
3,034,268 2,407,988258,094 642,836495,929 1,722,602136,944 83917107,369 33,665
1,233,479 1,542,7633,511,563 3,027,664
931,865 1,350,000
9,709,511 10,811,435
31,918,963 29,241,214
4,934,742 4,934,742
160,000 160,0007,190,471 7,635,303
12,285,213 12,730,045
amount in '000
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8/3/2019 Ratios FFC (1)
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5,378,214 2,671,250
2,431,895 2,363,526
7,810,109 5,034,776
5,993,674 5,815,276
194,570 184,430
3,114,000 3,141,081
743,036 1,022,500
1,778,361 1,313,106
11,823,641 11,476,393
19,633,750 16,511,169
31,918,963 29,241,214
313,505 428,757
13,067,512 9,641,517
8,165,914 5,913,601
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8/3/2019 Ratios FFC (1)
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Sales 44,874,359 36,163,174
Cost of Sales -25,310,406 (20,515,044)
Gross Profit 19,563,953 15,648,130
Distribution cost 3,944,473 (3,174,505)
15,619,480 12,473,625
Other operating charges -1,376,000 (1,272,448)
Other operating income 3,153,110 2,800,987
EBIT 17396590 14,002,164
Financial charges 1,086,741 (944,947)
Profit before taxation 16,309,849 13,057,217
Txation 5,281,000 (4,234,111)
Profit after taxation 11,028,849 8,823,106
Earnings per share basic and
diluted 16.25 13
Interest cost 1079447 935,083
Dividend Paid 10,622,306 6,447,973
2010 2009Profit Loss Account
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8/3/2019 Ratios FFC (1)
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30,592,806 28,429,005
(18,234,692) (18,311,525)
12,358,114 10,117,480
(2,668,571) (2,418,793)
9,689,543 7,698,687
(895,647) (845,327)
1,942,558 1,665,205
10,736,454 8,518,565
(695,371) (703,612)
10,041,083 7,814,953
(3,516,000) (2,454,000)
6,525,083 5,360,953
9.62 10.86
618,732 655,666
7,025,915 5,976,382
2008 2007
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8/3/2019 Ratios FFC (1)
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19563953 15,648,130
44874359 36,163,174
17,389,326 13,992,300
44874359 36,163,174
17,396,590 14,002,164
44,874,359 36,163,174
11028849 8823106
44874359 36163174
39%
2002010Profitability Ratios
Gross Profit Margin =Gross Profit / Sales43%
24%
Operating Profir Margin=Operating Income / Sales39%
Pre-Tax Margin= EBT / Sales
Net Profit Margin= Net Income / Sales
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8/3/2019 Ratios FFC (1)
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12,358,114 10,117,480
30,592,806 28,429,005
10,659,815 8,470,619
30,592,806 28,429,005
10,736,454 8,518,565
30,592,806 28,429,005
6525083 5360953
30592806 2842900524%
30%35%39%
39% 35% 30%
2008 2007
43% 40% 36%
21% 19%
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8/3/2019 Ratios FFC (1)
10/22
17,223,64220,578,083
13,567,600
20,578,083
44,874,359
307421
360146
25310406
25310406177904
360
142.27
1189063
17223642
1189063
20578083
Inventory Turnover - days = No of Days in YearInventory Turnover-In Times
Approximated Conversion Period (Operating Cycle)=Account Receivable Turnover - days + Inventory Turnover - days
Ave Net Trade Cycle=Operating Cycle - A/P Turnover in days
Cash to Current Assets= CashCurrent Asset
Cash to Current Liabilities= CashCurrent Liabilities
Inventory Turnover - in times= Cos of Good SoldAve. Invetory
Account Payable Turnover - in times= Net Credit PurchasesAve.A/C Payables
Account Payable Turnover - days= No of days in yearA/C Payables in time
Account Receivable Turnover - in times = Net Credit SalesAve. A/C Receievables
Account Receivable Turnover - days = No. of days in yearA/C Receievables-in times
Liquidity Ratios
CurrentRatio = Current Asset / Current Liabilities
Acid Test(Quick Ratio)=Current assets - Inventory - Prepaid & Other receivableCurrent Liabilities
2010
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8/3/2019 Ratios FFC (1)
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20241360
19216329
Net Working Capital = Current Asset - Current Liabilities
%age Cash Provided by Operations to Ave. Current Liabilites= Cash Generated From Operations / Ave. Current Liabilities
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8/3/2019 Ratios FFC (1)
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14,917,456 9,709,511 10,811,43517,854,574 11,823,641 11,476,393
10,874,802 0.61 4,939,357 0.42 6,100,266 0.53
17,854,574 11,823,641 11,476,393
36,163,174 96.07 30,592,806 27.58 28,429,005 21.18
376,408 1,109,266 1,342,015
360 3.7471 360 13.0533 180 8.497096.07 27.58 21.18
20,515,044 54.7822 18,234,692 49.1328 18,311,525 50.5780
374,484 371,131 362,046
360 6.5715 360 7.3271 180 3.5589
54.782 49.133 50.578
20,515,044 102.0190 18,234,692 40.4797 18,311,525 22.9505201,091 450,465 797,871
360 3.5288 360 8.8933 180 7.8430
102.019 40.480 22.950
7.28 21.95 16.34
0.70 14.62 12.78
3,849,348 25.80% 931,865 9.60% 1,350,000 12.49%
14,917,456 9,709,511 10,811,435
3,849,348 21.56% 931,865 7.88% 1,350,000 11.76%
17,854,574 11,823,641 11,476,3935.80%
6.90%
4.99
142.27
2009 2008
0.84
2.46
2007
0.84 0.82 0.94
0.66
2.53
146
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8/3/2019 Ratios FFC (1)
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-3354441 (2,937,118) (2,114,130) (664,958)
14,487,016 97.63% 13,067,512 112.17% 9,641,517 86.24%
14,839,108 11,650,017 11,180,191105%
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8/3/2019 Ratios FFC (1)
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27,613,309 25,469,140 19,633,750
15447547 13,082,442 12,285,213
27,613,309 25,469,140 19,633,750
43,060,856 38,551,582 31,918,963
15,933,588 13,993,518 12,730,813
15,447,547 13,082,442 12,285,213
20,588,083 17,854,574 11,823,64
27,613,309 25,469,140 19,633,750
13,992,300 10,659,815
935,083 618,732
14,088,269 12,300,646
935,083 618,732
Cash flow to fixed charges
=Cash Flow from Operations+Current Tax. Exp+Int. Exp.
Int. Exp
1.79
0.64
1.03
0.75
15.07
Total debt to equity= Total Debt
Equity Capital
Total debt ratio= Total Debt
Total Debt+ Equity
Fixed Assets to Equity= Fixed Asset
Equity
Current Liabilites to toal liabilities= Current Liabilities
Total Liabilities
Intrest Cover Ratio =PAT+Tax. Exp+Int. Exp
(earnings to fixed charges) Int.Exp
1.07
0.70
14.96
Solvency Ratios2009 22010
1.95
0.66
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8/3/2019 Ratios FFC (1)
15/22
11028849
14264995
11730490
21589891
406543
14264995
54%
Equity Growth Rate = Net Income-Dividend Paid
Ave. Common Equity
77%
3%
Return on =Net Income+Int. Exp(1-Tax Rate)+MI
LTD & Equity Ave. Long Term Liabilities+Ave. Equity
Return on =Net Income-Prefrd Dividend
Common Equity (ROCE) Average Common Equity
2010
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8/3/2019 Ratios FFC (1)
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8,823,106 6,525,083 5,360,953
12,683,828 12,507,629 12,843,294
9,430,910 6,927,259 37% 5,787,136 34%
20,396,165 18,930,072 17,155,557
2,375,133 (500,832) (615,429)
12,683,828 12,507,629 12,843,294-5%
2009 2007
52% 42%70%
-4%
2008
19%
46%
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8/3/2019 Ratios FFC (1)
17/22
44,874,359
15,933,588
44,874,359
-3354441
Asset Utilization 2010
Sales to PP&E = Sales
Property plant & Equipment
Sales to Net Working Capital = Sales
Net Working Capital 1338.00%
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8/3/2019 Ratios FFC (1)
18/22
36,163,174 30,592,806 28,429,005
13,993,518 12,730,813 10,390,490
36,163,174 30,592,806 28,429,005
(2,937,118) (2,114,130) (664,958)-4275%
274%
20082009 2007
-1447%
240%
-1231%
258%
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8/3/2019 Ratios FFC (1)
19/22
Altman Z-score Ratio
Z-score = 11.2 a + 1.4 b + 3.3 c + d
e2010 2009 2008
a = working capital -3354441 (2,937,118) -2114130
b = retained earnings 406543 2375133 -500832
c = operating income 17396590 140002164 10636454
d = sales 44874359 36163171 30592806
e = total assets 43060856 38551582 31918963
g = total debt 27613309 25469140 19633750
Z srore 2.66474 1.7415 1.0054
0
0.5
1
1.5
2
2.5
3
2010 2009 2008
Z srore
low
High r
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8/3/2019 Ratios FFC (1)
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2010 2009 2008
Z srore 2.66474 1.7415 1.0054
Z srore
range area
ange area
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8/3/2019 Ratios FFC (1)
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2010 2009 2008
FFC FFC 2.66474 1.7415 1.0054
Engro Z-score 5.241 3.1245 4.1245
0
1
2
3
4
5
6
2010
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8/3/2019 Ratios FFC (1)
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2009 2008
FFC
Engro
Z-Score
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