Top Glove Ratios
Autor: Thiripura Sundhari • November 23, 2015 • Coursework • 1,438 Words (6 Pages) • 838 Views
Financial Ratios for Top Glove Corporation Berhad for the year ended 2011
- Current Ratio = Total Current Assets
Total Current Liabilities
= RM 715,431,000
RM 47,244,000
= 15.1433, 15.14 times.
- Acid Test Ratio/ = Total Current Asset – Inventories
Quick Ratio Total Current Liabilities
= RM 715,413,000 – RM 175,532,000
RM 47,244,000
= 11.4279, 11.43 times.
- Net Working Capital = Total Current Assets – Total Current Liabilities
= RM 715,431,000 – RM 47,244,000
= RM 668,187,000
- Average Collection Period = Account Receivables X360 days
Total Sales
= RM 262,129,000 X 360 days
RM 2,053,916,000
= 45.9446, 46 days
- Inventory Turnover = Cost of Goods Sold
Inventories
= RM 1,818,767,000
RM 175,532,000
= 10.3615, 10.36 times
- Fixed Assets Turnover = Total Sales
Net Fixed Assets
= RM 2,053,916,000
RM 707,598,000
= 2.9027, 2.9 times
- Total Assets Turnover = Total Sales
Total Assets
= RM 2,053,916,000
RM 1,423,029,000
= 1.4433, 1.44 times
- Times Interest Earned = Earn Before Interest and Taxes
Interest Expenses
= RM 145,470,000
RM 30,338,000
= 4.7950, 4.8 times
- Debt Ratio = Total Debt X 100%
Total Assets
= (RM 229,412,000 + RM 47,244,000) X 100%
RM 1,423,029,000
= 19.4413, 19.44%
- Debt Equities Ratio = Long-Term Debt X 100%
Total Equity
= RM 47,244,000 X 100%
RM 1,146,373,000
= 4.1212, 41.12%
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