TOYOTA

31st march 2012

Current ratio
Quick ratio
Cash ratio

31-Mar-11
1.05
0.8
0.25

1.1
0.87
0.33

PROFITABILITY RATIOS
31-Mar-12

31-Mar-11

Return on Sales
Gross profit margin

-88.19%

-87.48%

Operating profit margin

1.91%

2.47%

Net profit margin

1.53%

2.15%

2.69%

3.95%

Return on Investment
Return on equity (ROE)

DEBT AND SOLVENCY RATIOS

31-Mar-12
Debt to equity
Debt to capital
Interest coverage

31-Mar-11
1.14
0.53
28.51

Dividend Per Share

1.2
0.55
27.55

0.61

Payables turnover

0.61

8.29

12.64

TATA MOTORS
31st march 2012

31-Mar-11

Current Ratio
Quick Ratio

0.51

0.53

0.4

0.54

PROFITABILITY RATIOS
31-Mar-12
Return on Sales
Gross profit margin
Net profit margin
Return on Investment
Return on equity (ROE)

31-Mar-11
4.74

6.97

2.26

3.74

6.41%

Return On Capital Employed(%)

9.05%

10.36

10.19

DEBT AND SOLVENCY RATIOS

31-Mar-12
Debt Equity Ratio

Interest coverage

Dividend Per Share

31-Mar-11
0.57

0.8

3.7

2.64

20

31-Mar-10
1.22
0.98
0.38

31-Mar-09

31-Mar-10

31-Mar-09

31-Mar-08
1.07
0.81
0.28

31-Mar-07
1.01
0.77
0.19

31-Mar-08

1
0.76
0.2

31-Mar-07

-88.04%

-89.90%

-81.86%

-80.29%

0.78%

-2.25%

8.64%

9.35%

1.11%

-2.13%

6.53%

6.86%

2.02%

-4.34%

14.47%

13.89%

31-Mar-10
1.21
0.55
11.08

31-Mar-09
1.25
0.56
-10.04

0.48

1.03
0.51
59.71

1.02

9.69

31-Mar-10

31-Mar-08

15.8

31-Mar-09

31-Mar-07
1.02
0.51
53.55

1.4
11.88

31-Mar-08

10.83

31-Mar-07

0.44

0.44

0.64

0.44

0.58

0.66

31-Mar-10

31-Mar-09

31-Mar-08

31-Mar-07

8.47

3.3

8.26

6.26

3.77

6.96

15.10%

8.00%

10.37

31-Mar-10

25.88%

6.41

31-Mar-09

18.96

31-Mar-08

31-Mar-07

1.12

1.06

0.8

2.61

2.43

6.28

15

15

Gross
Profit
Margin
31-Mar-12

31-Mar-11

31-Mar-10

Gross profit
Net revenues

-199,399
226,106

-199,824
228,427

-179,319
203,686

Gross profit
margin1

-88.19%

-87.48%

-88.04%

NET
PROFIT
MARGIN
31-Mar-12
31-Mar-11
Selected Financial Data (USD $ in millions, translated from JPY )
Net income
(loss)
3,450
4,909
attributable to
Toyota Motor
Corporation
Net revenues
226,106
228,427
Net Profit Margin, Comparison to Industry
Toyota Motor
1.53%
2.15%
Corp.1
Industry,
%
8.37%
Consumer
Goods

31-Mar-10

31-Mar-12
31-Mar-11
Selected Financial Data (USD $ in millions, translated from JPY )

31-Mar-10

2,251

203,686

1.11%
8.82%

Current
Ratio

Current assets

149,911

Current
143,346
liabilities
Current Ratio, Comparison to Industry

142,270

140,516

129,777

114,856

Toyota Motor
Corp.1
Industry,
Consumer
Goods

1.05

1.1

1.22

1.09

1.19

Quick
Ratio
31-Mar-12
31-Mar-11
Selected Financial Data (USD $ in millions, translated from JPY )
Cash and cash
equivalents
Marketable
securities
Time deposits
Trade
accounts and
notes
receivable,
less allowance
for doubtful
accounts

31-Mar-10

20,431

25,024

20,053

14,370

14,738

19,273

977

2,452

4,221

24,332

17,428

20,274

49,751

45,244

3,683

3,873

113,075

112,938

129,777

114,856

0.87

0.98

0.74

0.81

Finance
50,066
receivables,
net
Other
4,971
receivables
Total
quick
115,146
assets
Current
143,346
liabilities
Quick Ratio, Comparison to Industry
Toyota Motor
0.8
Corp.1
Industry,

Consumer
Goods

Net Fixed
Asset
Turnover

31-Mar-12
31-Mar-11
Selected Financial Data (USD $ in millions, translated from JPY )
Net revenues
226,106
228,427
Property, plant
and
equipment, net

75,865

Net Fixed Asset Turnover, Comparison to Industry

Toyota Motor
2.98
Corp.1
Industry,

Consumer
Goods

31-Mar-10
203,686

75,877

72,129

3.01

2.82

3.72

3.52

Total
Asset
Turnover

31-Mar-12
31-Mar-11
Selected Financial Data (USD $ in millions, translated from JPY )
Net revenues
226,106
228,427
Total assets
372,928
358,607
Total Asset Turnover, Comparison to Industry
Toyota Motor
0.61
0.64
1
Corp.
Industry,

0.75
Consumer
Goods

31-Mar-10

31-Mar-12
31-Mar-11
Selected Financial Data (USD $ in millions, translated from JPY )

31-Mar-10

203,686
326,196

0.62
0.72

Short-term
41,984
borrowings
Current portion
30,571
of long-term
debt
Long-term
debt,
73,516
excluding
current portion
Total debt
146,071
Toyota Motor
Corporation
128,364
shareholders
equity
Debt to Equity, Comparison to Industry
Toyota Motor
1.14
Corp.1
Industry,

Consumer
Goods

38,232

35,250

33,347

23,843

77,561

75,402

149,141

134,495

124,262

111,347

1.2

1.21

0.99

0.95

Interest
Coverage

31-Mar-12
31-Mar-11
Selected Financial Data (USD $ in millions, translated from JPY )
Net income
(loss)
3,450
4,909
attributable to
Toyota Motor
Corporation
Add: Net
(income) loss
1,031
689
attributable to
noncontrolling
interests
Add: Interest
279
353
expense
Add: Income
3,191
3,762
tax expense
(benefit)
Earnings
before
7,951
9,713
interest and
tax (EBIT)
Interest Coverage, Comparison to Industry

31-Mar-10

2,251

374

359
996

3,980

Toyota Motor
Corp.1
Industry,
Consumer
Goods

28.51

27.55

11.08

12.78

10.59

31-Mar-09

31-Mar-08

31-Mar-07

-187,884
208,995

-214,795
262,394

-162,883
202,864

-89.90%

-81.86%

-80.29%

31-Mar-09

31-Mar-08

31-Mar-07

-4,448

17,146

13,927

208,995

262,394

202,864

-2.13%

6.53%

6.86%

6.88%

9.70%

9.96%

31-Mar-09

31-Mar-08

31-Mar-07

115,025

120,633

99,823

107,801

119,181

99,680

1.07

1.01

1.09

1.06

1.04

31-Mar-09

31-Mar-08

31-Mar-07

24,883

16,255

16,098

5,043

5,412

3,689

460

1,345

226

14,178

20,364

17,144

39,615

42,930

34,192

3,387

5,225

4,118

87,567

91,530

75,467

107,801

119,181

99,680

0.81

0.77

0.76

0.7

0.69

0.65

31-Mar-09

31-Mar-08

31-Mar-07

208,995

262,394

202,864

75,351

77,972

68,281

2.77

3.37

2.97

3.68

4.17

4.16

31-Mar-09

31-Mar-08

31-Mar-07

208,995
295,857

262,394
323,968

202,864
275,941

0.71

0.81

0.74

0.79

0.86

0.84

31-Mar-09

31-Mar-08

31-Mar-07

36,829

35,460

29,626

27,482

26,704

20,060

64,150

59,706

53,059

128,460

121,869

102,745

102,425

118,470

100,263

1.25

1.03

1.02

0.95

0.87

0.73

31-Mar-09

31-Mar-08

31-Mar-07

-4,448

17,146

13,927

-247

778

421

477

460

418

-575

9,098

7,610

-4,793

27,482

22,375

-10.04

59.71

53.55

9.27

17.66

18.23