1.

Asset Management Capability :

i.

Inventory turnover

Sales
Average Inventory

2709873313

= 1249580853
= 2.168 (Times)
Here,
Sales = 2709873313
Average inventory =

(1212223816+1286937890)
2

= 1249580853
Comments: Benchmark (industry) for the ratio is 1.82, here
calculated value is 2.168. So the position of the company is good.

ii.

Receivable turnover =

sales
averagereceivable
2709873313

= 1352502018
= 2.00
Here,
Average receivable =

1723995335+ 981008700
2

= 1352502018

Comment: Benchmark (industry) for the ratio is 3.75. Here

calculated value is 2. So the position of this company is not good.

iii.

Days sales outstanding =

=

365
Receivable turnover

365
2

= 182.17
Comment: Benchmark (industry) for the ratio is 97.30. Here
calculated value is 182.17. Not good for the company.

iv.

Fixed Asset turnover =

Sales
asset

2709873313
2962369742

Comment: Benchmark (industry) for the ratio is 2.60. But

calculated value is 0.91. This is very bad for the company.

v.

Total Asset turnover =

Sales
Total asset

2709873313

= 7745987417
= 0.34

Comment: Benchmark (industry) for the ratio 2.10. But the

calculated value is 0.34. This is poor position for the company.

2. Liquidity position:
i.

Current asset
Current Liabilities

Current ratio =

473617676

= 2125407095
= 2.10
Comment: The Benchmark industry for the ratio is 1.54. Here
calculated ratio is 2.10. So the position of company is good.

ii.

Quick Asset

Quick ratio = Quick Liabilities

3571393860

= 2125407095
= 1.68
Here,
Quick asset = 4783617676 1212223816
= 3571393860

Comment: The Benchmark industry for the ratio is 1.25. Here

calculated ratio is 1.68. So the position of company is good.

3. Market ratio:
i.

Price of book value ratio =

Price per share

NAV per share

10

= 54.63
= 0.1830

Here,
NAV per share =

52.64 +56.62
2

= 54.63

Comment: The Benchmark industry for the ratio is 6.42. Here,

calculated ratio is 0.1830. So the position of company is very
poor.

ii.

Price earnings ratio =

=

Price per share

Earnings per share

10
4.10

=2.4937 Tk.
Comment: Very poor position. Because benchmark ratio for the
ratio is 32 Tk.

iii.

Price per share

Cash flow per share

Price to cash flow ratio =

10

= 3.63
= 2.75

Comment: Benchmark position for the ratio is 32. But calculated

value is 2.75. So the position is very poor.

4. Profitability condition:
i.

Gross profit ratio =

Gross profit
Net s ales 100
705853830

= 2709873313 100
= 26.73%
Comment: The Benchmark industry for the ratio is 21%. Here
calculated value is 26.73%. So the position is better of the
company.

ii.

Net profit ratio =

Net profit
100
Net sales

268297259

= 2709873313 100

= 9.90%
Comment: The Benchmark industry for the ratio is 15%. Here
calculated value is 9.90%. So the position is very poor of the
company.
iii.

Return of asset =

Net income
100
Average total asset

383348013

= 7745987417 100
= 4.94%
Comment: The Benchmark industry for the ratio is 11.50%. Here
calculated value is 4.94%. So the position is not good for the
company.

iv.

Operating income ratio =

operating income
100
Net sales

396876153
100
2709873313

= 14.64 %
Comment: Here calculated value is 14.64%. But stander value is
18%. So the position of the company is not good.

5. Leverage ratio:

i.

tal liabilities
Total asset

Total Debts to asset =

7164769343

= 7745987417
= 0.924
Comment: Bad marks and the risky position of the company.

ii.

Debt to equity ratio =

Total Debt
Total Equity

484443525
5039362248

= 0.0961
Comment: Bad marks and the risky position of the company.

iii.

Capitalization ratio =
=

Long term debt

Long term debt +OE

581218074
5620580322

= 0.10