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Results from Continuing Operations (000) 20x5 20X4 20x3 20x2 20X1 Net Sales Cost of Sales Selling General and Admin Exp. Oper

Current Ratio

Quick Ratio

Times Interest Earned

Debt to Equity

Fixed Asset Turnover

  1. Compute these ratios for all five years of data and present a table of these ratios.
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Answer #1
Ratios 2015 2014 2013 2012 2011
1 Current Ratio =
Total Current Assets / Total Current Liabilities		 75323 / 29981
= 2.512		 70873 / 24011
= 2.951		 74239 / 30376
= 2.444		 69139 / 27435
= 2.52		 71025 / 29361
= 2.419
2 Quick Ratio =
(Total Current Assets - Inventories) / Total Current Liabilities		 40150 / 29981
= 1.339		 39513 / 24011
= 1.645		 32246 / 30376
= 1.061		 33713 / 27435
= 1.229		 41777 / 29361
= 1.423
3 Times Interest Earned =
Operation Income / Interest Expense		 14946 / 2272
= 6.578		 13451 / 2285
= 5.887		 9751 / 1732
= 5.630		 13347 / 875
= 15.253		 6676 / 634
= 10.530
4 Debt to Equity =
(Long term debt + Other Liabilities + Current Portion of LTD) / Stockholder's Equity		 41972 / 41495
= 1.011		 34982 / 35871
= 0.975		 41454 / 37377
= 1.109		 40450 / 36196
= 1.117		 39782 / 38681
= 1.028
5 Fixed Asset Turnover =
Net Sales / (Net Plant & Equipment + Other Assets - Escrow Account Amount)		 218623 / 31261
= 6.993		 179345 / 21667
= 8.277		 151803 / 32514
= 4.668		 154458 / 32704
= 4.722		 119840 / 36392
= 3.293
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