Реферат: Business Plan Essay Research Paper Nicholas BelcherBusiness

Ratio Analysis

Profitability Ratios: 1995 1996 1997

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Gross margin 72.97% 85.81% 84.90%

Net profit margin 4.57% 11.25% 14.92%

Return on Assets 12.38% 20.64% 25.49%

Return on Equity 50.05% 61.73% 51.37%

Activity Ratios:

AR Turnover 6.30 7.77 6.66

Collection days 29 45 45

Inventory Turnover 0.00 0.00 0.00

Accts payable turnover 7.67 7.06 7.35

Total asset turnover 2.71 1.83 1.71

Debt Ratios: 1995 1996 1997

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Debt to net Worth 3.04 1.99 1.02

Short-term Debt to Liab. 0.70 0.82 0.83

Liquidity Ratios:

Current Ratio 1.91 1.83 2.39

Quick Ratio 1.91 1.83 2.39

Net Working Capital $104,050 $191,250 $340,450

Interest Coverage 4.15 5.90 9.38