5 years ratios for BAT BD

Liquidity Ratios
2013 2014 2015 2016 2017
Current ratio 1.20 1.07 1.28 1.46 1.30
Quick (acid-test) ratio 0.40 0.42 0.59 0.44 0.41

Activity Ratios
2013 2014 2015 2016 2017
Inventory turnover 4.17 3.91 4.66 3.13 2.97
Average collection period 8.89 11.68 8.49 8.74 14.5
Average payment period 43.3 73.4 71.8 68.6 70.96
Total asset turnover 1.69 1.31 1.35 1.24 1.27
Fixed asset turnover 3.67 2.96 2.92 2.84 2.86

Debt Ratios

2013 2014 2015 2016 2017

Debt ratio 52% 58% 51% 47% 50%
Times interest earned ratio 102.5 57.95 87.3 260.79 87.4

Profitability Ratios

2013 2014 2015 2016 2017

Gross profit margin 43.95% 44.34% 46.83% 45.40% 47.69%
Operating profit margin 30.44% 32.44% 33.09% 31.83% 34.26%
Net profit margin 15.77% 17.66% 14.72% 17.33% 15.07%
Earnings per share (EPS) 82.07 104.70 97.90 126.37 130.50
Return on total asset (ROA) 26.67% 23.20% 19.85% 21.45% 19.15%
Return on equity (ROE) 55.32% 54.80% 40.21% 40.16% 37.29%

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 Market Ratios
2013 2014 2015 2016 2017
Price/earnings (P/E) ratio 19.53 25.31 30.14 19.65 26.1
Market/book (M/B) ratio 11.5 14.13 12.12 7.94 8.82

Corporate Governance

Corporate administration is worried about holding the harmony between financial and social
objectives and among individual and public objectives. The administrative structure is there to
empower the proficient utilization of assets and similarly to require responsibility for the
stewardship of those assets, as its main goal is to make the right decisions. The point is to adjust
as almost as conceivable the interests of people, organizations, and society. According to the shock
holders’ quotes, the company maintains a well-built corporate governance. Being one of the
highest taxpayers, Bat Bd contributes more than Tk1400 crore to the government exchequer
annually. From many decades they concentrated more on this sector rather than taking all their
money away from Bangladesh. Some of the noteworthy projects are:
 Forestation and planting program that distributed around 39 million trees so far across the
country.
 Pledge to the standards of feasible advancement through high global principles of
ecological, well-being and security practice.
 Arranging training programs and providing tobacco farmers knowledge about crop cycle
planning, health, hygiene and make them aware of the family plan as well as bank
accounts.