Pareja, Kyla L.

December 16, 2019

BSA - BAD BBC 1102

Comparative Statement of Financial Position

As of the Year Ended December 31, 2018
(in Millions) 2018 2017 2016

ASSETS

Cash $5,405 $6,680 $7,000

Accounts Receivable 2,000 2500 1,000

Inventory 15,000 12,000 14,000

Current Assets 22,405 21,180 22,000

Property Plant & Equipment 50,000 45,000 14,000

Total Assets 72,405 66,180 62,000

Liabilities

Current Portion of Debt $3,000 $2,000 $3,500

Accounts Payable 1,000 1500 1,000

Current Liabilities 4,000 3,500 4,500

Long Term Debt 25,000 20,000 15,000

Total liabilities 29,000 23,500 19,500

Equity

Share Capital 30,000 30,000 30,000

Retained Earnings 13,405 12,680 12,500

Shareholder's Equity 43,405 42,680 42,500

Total Liabilities & Equity 72,405 66,180 62,000

Kyla L. Pareja
BSA - BAD
Pareja, Kyla L. December 16, 2019
BSA - BAD BBC 1102

Comparative Income Statement

For the Year Ended December 31, 2018
(in Millions) 2018 2017 2016

Revenue $5,000 $4,000 $3,000

COGS 3,200 3,000 2,500

Gross Profit 1,800 1,000 500

Depreciation 500 450 400

SG and A 300 300 300

Interest 50 50 50

Earnings Before Tax 950 200 250

Tax 225 20 0

Net Earnings 725 180 250

Kyla L. Pareja
BSA - BAD
Pareja, Kyla L. December 16, 2019
BSA - BAD BBC 1102

Main Liquidity Ratios

Ratio Formula 2018 2017 2016

Quick Ratio 𝑇𝑜𝑡𝑎𝑙 𝑄𝑢𝑖𝑐𝑘 𝐴𝑠𝑠𝑒𝑡𝑠 1.8513 2.6229 1.7778

𝑇𝑜𝑡𝑎𝑙 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠

Current Ratio 𝑇𝑜𝑡𝑎𝑙 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡𝑠 5.6013 6.0514 4.8889

𝑇𝑜𝑡𝑎𝑙 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠

Net Working Capital 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡𝑠 − 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 18,405 17,680 17,500

Main Leverage Ratios

Ratio Formula 2018 2017 2016

𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 0.6681 0.5506 0.4588

Debt to Equity Ratio
𝑇𝑜𝑡𝑎𝑙 𝑆ℎ𝑎𝑟𝑒ℎ𝑜𝑙𝑑𝑒𝑟𝑠′ 𝐸𝑞𝑢𝑖𝑡𝑦

𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 0.9667 0.7833 0.6500

Debt to Capital Ratio
𝑇𝑜𝑡𝑎𝑙 𝐶𝑎𝑝𝑖𝑡𝑎𝑙

𝐸𝐵𝐼𝑇 19 4 5
Interest Leverage
𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝑃𝑎𝑦𝑚𝑒𝑛𝑡𝑠

Fixed Charge 𝐸𝐵𝐼𝑇 + 𝐹𝐶𝐵𝑇 1.8571 0.2857 1.5714

Coverage Ratio 𝐹𝐶𝐵𝑇 + 𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡

EBIT = Earnings Before Interest and Taxes

FCBT = Fixed Charges Before Taxes

Kyla L. Pareja
BSA - BAD
Pareja, Kyla L. December 16, 2019
BSA - BAD BBC 1102

Main Operating Efficiency Ratios

Ratio Formula 2018 2017 2016

Inventory Turnover 𝐶𝑜𝑠𝑡 𝑜𝑓 𝐺𝑜𝑜𝑑𝑠 𝑆𝑜𝑙𝑑 0.2370 0.2308 0.3571

𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑀𝑒𝑟𝑐ℎ𝑎𝑛𝑑𝑖𝑠𝑒 𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦

Accounts Receivable Days 𝑁𝑒𝑡 𝐶𝑟𝑒𝑑𝑖𝑡 𝑆𝑎𝑙𝑒𝑠 162 157.5 60

360/
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐴𝑐𝑐𝑜𝑢𝑛𝑡𝑠 𝑅𝑒𝑐𝑒𝑖𝑣𝑎𝑏𝑙𝑒

Accounts Payable Days 𝑁𝑒𝑡 𝐶𝑟𝑒𝑑𝑖𝑡 𝑃𝑢𝑟𝑐ℎ𝑎𝑠𝑒𝑠

360/𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐴𝑐𝑐𝑜𝑢𝑛𝑡𝑠 𝑃𝑎𝑦𝑎𝑏𝑙𝑒 ― ― ―

Total Asset Turnover 𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 0.0691 0.0604 0.0484

𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠

Net Asset Turnover 𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 0.1152 0.0937 0.0706

𝑇𝑜𝑡𝑎𝑙 𝐸𝑞𝑢𝑖𝑡𝑦

Kyla L. Pareja
BSA - BAD