Beruflich Dokumente
Kultur Dokumente
Formulas
Activity Ratios:
Receivables Turnover=
Annual Sales
Average Receivables
Inventory Turnover=
PayablesTurnover=
365
Receivables Turnover
365
inventory turnover
Purchases
Averagetrades payable
356
payables turnover ratio
Revenue
Average total assets
Average net
Revenue
asset Turnover=
asset
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Revenue
Average working capital
Liquidity Ratio:
Current Ratio =
Quick Ratio=
Cash Ratio=
Current Asset
Current Liabilities
Defensive Internal=
)(
)(
Solvency Ratios:
DebtEquity=
Total Debt
'
Total Shareholde r s Equity
DebtCapital=
Total Debt
'
Total Debt +Total Shareholde r s Equity
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Debt Asset=
Total Debt
Total Assets
Financial Leverage=
Interest Coverage=
Charge Coverage=
Profitability Ratios
Net Profit Margin=
Net Income
Revenue
Gross Profit
Revenue
Pretax Margin=
Operating Income
EBIT
Revenue
Revenue
EBT
Revenue
Net Income
Average Total Assets
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Return on Equity=
Operating Income
EBIT
EBIT
Average Total Capital
Net Income
Average Total Equity
Return on Equity=
= C ommon
Average Common Equity
Average Common Equity
Free Cash Flow to Firm:
FCFF=Net Income + Noncash charge+ [ Interest expense ( 1Tax rate ) ] Capital Investment WorkingCapital In
FCFF=Cash Flow Operations+ [ Interest expense ( 1Taxrate ) ] Capital Investment
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Asset
Leverage
Original DuPont Equation: ROE= Net Pro fit
Margin Turnover
Ratio
)(
)(
ROE=
Basic EPF =
(
Diluted EPS=
SharesConversion of
SharesConversion of
)(
Weighted
Average + ( Conv . pfd . Shares ) + ( Conv . Debt ) + ( )
Shares
Coefficients of Variation:
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CV Sales=
CV Operating Income=
CV of Net Income=
Inventories:
Ending Inventory=Beginning Inventory + PurchasesCOGS
Long-Lived Assets:
StraightLine Depreciation=
Cost SalvageValue
Useful Life
DDB Depreciation=
Accumulated Depreciation
Annual Depreciation Expence
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Accumulated Depreciation
Ending Gross Investment
Deferred Taxes:
Income Tax Expense=Taxes Payable+ DTL DTA
Debt Liabilities
Interes Expense= the Market Rate
at Issue
Performance Ratios
Ca sh flow Revenue=
CFO
Net Revenue
Cashreturnon Asset=
CFO
Average Total Assets
CashreturnonEquity=
CFO
Average Total Equity
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CashIncome=
CFO
Operating Income
CFOPreferrence Dividends
Weighted average no . of Common Shares
Coverage Ratios
Debt Coverage=
CFO
Total Debt
Interest Coverage=
Reinvestment=
CFO
Cash Paid for Long Term Assets
Debt Repayment =
CFO
Cash for Longterm Debt Repayment
Dividend Payments=
CFO
Dividends Paid
CashOutflows
CFO
InvestingFinancing= InvestingFinancing Activities
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