Smith Company

Comparative Income Statements

2019 2018 2017 2016 2015
Sales 1950 1700 1500 1400 1200
COGS 1246 1032 902 802 752
Gross Profit 704 668 598 598 448

Operating Exp 330 256 234 170 146

EBIT 374 412 364 428 302
Interest Exp 117 103 100 56 56
Net Income 257 309 264 372 246
Comparative Balance Sheets
Assets
Cash 60 78 82 84 60
A/R Net 1000 850 600 450 318
Inventory 1838 1364 1204 1032 936
Other Current Assets 36 32 14 34 28

Long Term Invest 0 0 50 50 50

PPE, Net 3039 2954 2667 1832 1688
Total Assets 5973 5278 4617 3482 3080
Liability and Equity
Current Liability 1300 1030 718 630 600
Long Term Liability 1459 1291 1251 698 698
Common Stock 1000 1000 1000 850 850
APIC 250 250 250 170 170
Ret Earnings 1964 1707 1398 1134 762
Total Equity 3214 2957 2648 2154 1782
Total Liab and Equity 5973 5278 4617 3482 3080

**Anything with a Green Box Such As This Is Editable, Do Not Edit Anything Else
2014 2013
1110 920
710 586
400 334

144 118
256 216
58 40
198 176

40 20
302 216
810 615
28 9

50 50
1264 958
2494 1868

450 250
728 500
650 650
150 150
516 318
1316 1118
2494 1868
 Smith Company
Comparative Income Statements
2019 2018 2017 2016 2015
Sales 1950 1700 1500 1400 1200
COGS 1246 1032 902 802 752
Gross Profit 704 668 598 598 448

Operating Exp 330 256 234 170 146

EBIT 374 412 364 428 302
Interest Exp 117 103 100 56 56
Net Income 257 309 264 372 246
Comparative Balance Sheets
Assets
Cash 60 78 82 84 60
A/R Net 1000 850 600 450 318
Inventory 1838 1364 1204 1032 936
Other Current Assets 36 32 14 34 28

Long Term Invest 0 0 50 50 50

PPE, Net 3039 2954 2667 1832 1688
Total Assets 5973 5278 4617 3482 3080
Liability and Equity
Current Liability 1300 1030 718 630 600
Long Term Liability 1459 1291 1251 698 698
Common Stock 1000 1000 1000 850 850
APIC 250 250 250 170 170
Ret Earnings 1964 1707 1398 1134 762
Total Equity 3214 2957 2648 2154 1782
Total Liab and Equity 5973 5278 4617 3482 3080

DuPont Analysis 2019 2018 2017 2016 2015

ROE 18.1% 22.4% 20.0% 29.6% 21.1%

Return on Asset 6.6% 8.6% 8.1% 13.9% 9.9%

x
Equity Multiplier 2.76 2.59 2.45 2.13 2.12

Profit Margin 13% 18% 18% 27% 21%

x
Asset Turnover 0.50 0.48 0.46 0.52 0.49
 Current Ratio 2.26 2.26 2.65 2.54 2.24
Quick Ratio 0.84 0.93 0.97 0.90 0.68

A/R Turnover 3.21 3.19 3.68 4.20 4.49

Inventory Turnover 1.02 1.04 0.99 0.97 0.97
 Trend Percentages with 2013 as Base Year
2014 2013 2019 2018 2017 2016 2015
1110 920 212% 185% 163% 152% 130%
710 586 213% 176% 154% 137% 128%
400 334 211% 200% 179% 179% 134%

144 118 280% 217% 198% 144% 124%

256 216 173% 191% 169% 198% 140%
58 40 293% 258% 250% 140% 140%
198 176 146% 176% 150% 211% 140%

40 20 300% 390% 410% 420% 300%

302 216 463% 394% 278% 208% 147%
810 615 299% 222% 196% 168% 152%
28 9 400% 356% 156% 378% 311%

50 50 0% 0% 100% 100% 100%

1264 958 317% 308% 278% 191% 176%
2494 1868 320% 283% 247% 186% 165%

450 250 520% 412% 287% 252% 240%

728 500 292% 258% 250% 140% 140%
650 650 154% 154% 154% 131% 131%
150 150 167% 167% 167% 113% 113%
516 318 618% 537% 440% 357% 240%
1316 1118 287% 264% 237% 193% 159%
2494 1868 320% 283% 247% 186% 165%

2014 2013
18.6% 15.7% 2.3%

9.1% 9.4% -2.9%

2.05 1.67 1.09

18% 19% -6%

0.51 0.49 0.00

2.62 3.44 -1.18
0.82 0.98 -0.14

4.29 4.26 -1.05

1.00 0.95 0.06
Year
2014 2013
121% 100%
121% 100%
120% 100%

122% 100%
119% 100%
145% 100%
113% 100%

200% 100%
140% 100%
132% 100%
311% 100%

100% 100%
132% 100%
134% 100%

180% 100%
146% 100%
100% 100%
100% 100%
162% 100%
118% 100%
134% 100%
 ROE
16% 18%
Income Satement 2% Balance Sheet
PM AT
19% 13% 0.49 0.50
-6% 0.00

Sales Total Assets Total Debt

Sales Total Total Debt
920 1950 212% 1868 5973 750 2759
320%
COGS Current Current Debt
586 1246 213% 860 2934 250 1300
64% 64% 0% 341%
Op Exp A/R Current Ratio
118 330 280% 216 1000 3.44 2.26
13% 17% 4% 463%
Int Expense Turnover Quick Ratio
40 117 293% 0.49 0.50 0.98 0.84
4% 6% 2% 101%
INV
615 1838
299%
Turnover
0.95 0.68
71%
Long Term Long Term Debt
1008 3039 500 1459
301%
Balance Sheet
EM
1.67 2.76
1.09

Total Debt

368%

520%

66%

86%

292%