Homework Answers
Profitability Ratios : (Year 2022)
1. Net Profit Ratios : Operating Profit / Sales *100
A.Operating Profit - $35,438,61
B.Sales ( Revenue) - $364,953,846
Net Profit Ratios = A/B*100 = 9.71%
2.Net Profit to Net Worth Ratio : Net Profit after Taxes / Shareholder Net Worth *100
C. Net profit after Taxes - $22,680,769
D. Shareholder Net Worth : $134,403,846
Net profit to Net worth Ratio : - C/D*100 = 16.88%
Profitability Ratios : (Year 2021)
1. Net Profit Ratios : Operating Profit / Sales *100
A.Operating Profit - $35,353,846
B.Sales ( Revenue) - $345,965,385
Net Profit Ratios = A/B*100 = 10.22%
2.Net Profit to Net Worth Ratio : Net Profit after Taxes / Shareholder Net Worth *100
C. Net profit after Taxes - $22,273,077
D. Shareholder Net Worth : $120,615,384
Net profit to Net worth Ratio : - C/D*100 = 18.47%
| Liquidity Ratio | |||
| Current Ratios : Current Assets / Current Liabilities | |||
| Particulars | Year 2022 Amt($) | Year 2021 Amt($) | |
| A | Current Asset | 15,18,95,192.00 | 15,11,75,962.00 |
| B | Current Liabiliites | 6,87,19,231.00 | 8,23,07,693.00 |
| Formula | A/B | A/B | |
| C | Current Raio | 2.21 | 1.84 |
| Quick Ratio: Liquid Asset / Current Liabilities | |||
| Particulars | Year 2022 Amt($) | Year 2021 Amt($) | |
| A | Liquid Assets | 8,85,14,423.00 | 8,49,95,193.00 |
| B | Current Liabiliites | 6,87,19,231.00 | 8,23,07,693.00 |
| Formula | A/B | A/B | |
| C | Quick Ratio | 1.29 | 1.03 |
| Liquid Assets | |||
| Cash & Cash equivalents | 1,16,92,308.00 | 97,80,769.00 | |
| Accounts Receivables | 6,23,61,538.00 | 6,03,61,539.00 | |
| Investments Derivatives | 1,44,60,577.00 | 1,48,52,885.00 | |
| Total Liquid Assets | 8,85,14,423.00 | 8,49,95,193.00 |
| Solvency Ratio = Net Profit/Total Liabilities | Year 2022 Amt($) | Year 2021 Amt($) | |
| A | Net Profit | 2,26,80,769.00 | 2,22,73,077.00 |
| Total Liabilities | |||
| Total Current Liabilities | 6,87,19,231.00 | 8,23,07,693.00 | |
| Long Term Debt | 1,67,65,384.00 | 1,80,88,462.00 | |
| Deferred Income tax | 39,42,308.00 | 42,53,846.00 | |
| B | Total Liabilities | 8,94,26,923.00 | 10,46,50,001.00 |
| C | Solvency Ratio | 25.36% | 21.28% |
As per ratio analysis
Profitability Ratio:
In Year 2021 profitability ratio is better as compare to Year 2022. Both Ratio shows on higher side for the Year 2021
Current Ratio :
With respect to current ratio year 2022 is better ratio as compare to year 2021
standard current ratio is favourable for the company if its more than 2. So for Year 2022 is above 2 thats represent better ratio .
Solvency Ratio:
Whenever solvency ratio is low then its always favourable for the company.
Year 2022 is not better as compare to Year 2021.
So Ratio analysis will have different opinion for different ratio so one should be favourable for one times, but other will be unfavourable so financial analysis opinion will change on the basis of ratio.
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Please fill in the grey spaces
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