1. Provide a Liquidity Ratio Analysis based on the current ratio. 2. Provide a Profitability Ratio Analysis...
Fantastic news! We've Found the answer you've been seeking!
Question:
1. Provide a Liquidity Ratio Analysis based on the current ratio.
2. Provide a Profitability Ratio Analysis based on the ROA, ROE, Overseas Sales Ratio, Cost of Sales to Net Sales and Gross Profit to net Sales.
Transcribed Image Text:
Sega Sammy Holdings, Inc. Earnings Information 2017 2018 2019 2020 Earnings Information Net sales 366.939 323.664 331,648 366.594 millions of yen millions of yen. Overseas sales 41,546 55.671 53.745 75.351 Cost of sales millions of yen 231.261 202.930 211.199 230.092 Gross profit millions of yen 135.678 120.734 120.449 136.502 Selling, general and administrative millions of yen 106,150 103.013 107,369 108.859 expenses Operating income millions of yen 29,527 17,720 13,079 27,643 Ordinary income millions of yen 28,542 14.578 7,495 25,276 Profit attributable to owners of parent millions of yen 27,607 8.930 2,642 13,775 Ratios Overseas sa es ratio % 11.3 17.2 16.2 20.6 Cost of sales to net sales % 63.0 62.7 63.7 62.8 Gross profit to net sales % 37.0 37.3 36.3 37.2 SGA expenses to net sales % 28.7 31.8 32.4 27.7 Operating income margin % 8.0 5.5 3.9 7.5 Ordinary income to ret sales % 7.8 4.5 2.3 6.9 % 7.5 28 0.8 3.8 Profit attributable to owners of parent to net sales Balance Sheets Information 2017 2018 2019 2020 Total assets 521,599 473.467 464,654 458,268 Net assets 311,497 310.456 305.337 296.858 millions of yen millions of yen millions of yen millions of yen Current assets 324,115 272,331 260,462 268,976 197,483 201,136 204,191 187,292 millions of yen 112,567 84,452 87,542 86,147 Noncurrent assets Current liaoilities Noncurrent iabilities Interest bearing debt millions of yen 97,534 78,558 71,774 75,263 millions of yen 102,855 87,000 76,100 75,300 millions of yen 307,764 307,951 302,648 294,102 Shareholders' equity. Ratios Equity ratio % 59.0 65.0 65.1 64,2 ROA % 5.2 1.8 0.6 3.0 ROE % 7.2 2.9 0.9 4.6 Debt ratio % 68.3 52.9 52.6 54.9 Fixed assets rato % 64.2 63.7 67.5 64.4 Current ratio 328.3 297.5 312.2 % times 287.9 0.3 D/E ratio 0.3 0.3 0.3 1. Interest-bearina debt-Loans pavable. Bonds Davable 2. Ratios - ROA is calculated by using Ordinary income / Total assets until 2015 and "Profit attributable to owners of parent / Total assets from 2016 onwards. 2021 277.748 87.289 176.973 100.775 94,221 6,553 1.715 1,274 31,4 63.7 36.3 33.9 2.4 0.6 0.5 2021 421,599 291.256 276,295 145.304 59.777 70.566 52,000 290.759 69.0 0.3 0.4 44.8 50.0 462.2 0.2 Sega Sammy Holdings, Inc. Earnings Information 2017 2018 2019 2020 Earnings Information Net sales 366.939 323.664 331,648 366.594 millions of yen millions of yen. Overseas sales 41,546 55.671 53.745 75.351 Cost of sales millions of yen 231.261 202.930 211.199 230.092 Gross profit millions of yen 135.678 120.734 120.449 136.502 Selling, general and administrative millions of yen 106,150 103.013 107,369 108.859 expenses Operating income millions of yen 29,527 17,720 13,079 27,643 Ordinary income millions of yen 28,542 14.578 7,495 25,276 Profit attributable to owners of parent millions of yen 27,607 8.930 2,642 13,775 Ratios Overseas sa es ratio % 11.3 17.2 16.2 20.6 Cost of sales to net sales % 63.0 62.7 63.7 62.8 Gross profit to net sales % 37.0 37.3 36.3 37.2 SGA expenses to net sales % 28.7 31.8 32.4 27.7 Operating income margin % 8.0 5.5 3.9 7.5 Ordinary income to ret sales % 7.8 4.5 2.3 6.9 % 7.5 28 0.8 3.8 Profit attributable to owners of parent to net sales Balance Sheets Information 2017 2018 2019 2020 Total assets 521,599 473.467 464,654 458,268 Net assets 311,497 310.456 305.337 296.858 millions of yen millions of yen millions of yen millions of yen Current assets 324,115 272,331 260,462 268,976 197,483 201,136 204,191 187,292 millions of yen 112,567 84,452 87,542 86,147 Noncurrent assets Current liaoilities Noncurrent iabilities Interest bearing debt millions of yen 97,534 78,558 71,774 75,263 millions of yen 102,855 87,000 76,100 75,300 millions of yen 307,764 307,951 302,648 294,102 Shareholders' equity. Ratios Equity ratio % 59.0 65.0 65.1 64,2 ROA % 5.2 1.8 0.6 3.0 ROE % 7.2 2.9 0.9 4.6 Debt ratio % 68.3 52.9 52.6 54.9 Fixed assets rato % 64.2 63.7 67.5 64.4 Current ratio 328.3 297.5 312.2 % times 287.9 0.3 D/E ratio 0.3 0.3 0.3 1. Interest-bearina debt-Loans pavable. Bonds Davable 2. Ratios - ROA is calculated by using Ordinary income / Total assets until 2015 and "Profit attributable to owners of parent / Total assets from 2016 onwards. 2021 277.748 87.289 176.973 100.775 94,221 6,553 1.715 1,274 31,4 63.7 36.3 33.9 2.4 0.6 0.5 2021 421,599 291.256 276,295 145.304 59.777 70.566 52,000 290.759 69.0 0.3 0.4 44.8 50.0 462.2 0.2
Expert Answer:
Answer rating: 100% (QA)
1 Liquidity Ratio Analysis using current ratio Current Ratio Current Assets Current Liabilities signifies how much times we have current assets to fun... View the full answer
Related Book For
Statistics Principles and Methods
ISBN: 978-0470904114
7th edition
Authors: Richard A. Johnson, Gouri K. Bhattacharyya
Posted Date:
Students also viewed these accounting questions
-
Based on the current General Social Survey, an index is created from the few questions asking about the degree of confidence in government. Six age groups are compared. Suppose the values of the...
-
Based on the current prot margin, how much additional sales would Dulaney have to generate in order to have the same effect on pretax earnings as a 10% decrease in merchandise costs?
-
Based on the current position of your new division in the simulation and your goals for coming quarters analyze the market research data, competitive data, and real-world digital marketing options to...
-
1. Construct a simple pendulum starting with 20 cm length. 2. Hang the pendulum as pictures in one of the two methods shown above. 3. Using the protractor, displace the pendulum 10 degrees from the...
-
The Asian Division of Worldwide Reference Corporation produces a pocket dictionary containing popular phrases in six Asian languages. Annual budget data for the coming year follow. Projected sales...
-
Multiple Choice Questions 1. Which of the following combinations correctly describes the relationship between foreign currency transactions, exchange rate changes, and foreign exchange gains and...
-
The horizontal settler calculation in Example 13-7 was done for a settler diameter of \(\mathrm{D}_{\mathrm{s}}=1.023 \mathrm{~m}\) with the dispersion band assumed to be at the center of the circle....
-
ABC, health care Uppervale Health Center runs three programs: (1) alcoholic rehabilitation (2) drug addict rehabilitation, and (3) aftercare (counseling and support of patients after release from a...
-
Using the data in the table to the right, calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid. Return for the entire period is...
-
Glen Pool Club, Inc., has an installment loan outstanding with a current balance of $150.000. The company makes monthly installments of $1,543, which include interest computed at an annual rate of 6...
-
What are the main functions of the Bank of Canada? Describe briefly about the conduct of the monetary policy, strategy and tactics.(add in-text citations and references please)
-
If the compass of the tangent galvanometer makes angle 8 with respect to the earth magnetic field B (S-N), when the plane of the coil is parallel to the earth's magnetic field is as shown in Fig....
-
3 3 12) Solve the following initial value problems: ds a) =31 +1, (1,5) dt b) y' = 1 2x
-
Consider that two hosts are sharing a link of 2 km length and bitrate of 0.1 Gbps. Assume that all frames are 1000 bits. Ignore processing delay and assume that the size of acks is negligible. Assume...
-
Show the work how to get distance and angle. A commuter airplane starts from an airport and takes the route shown in the figure below. The plane first flies to city A, located 175 km away in a...
-
What is the output voltage in the secondary side of the step-up transformer pictured below? AC 100 V 500 MM 4,000
-
Would having two or more hearts be adaptive for vertebrates? Why do you think that invertebrates have evolved multiple hearts but vertebrates have only one?
-
Clark, PA, has been engaged to perform the audit of Kent Ltd.s financial statements for the current year. Clark is about to commence auditing Kents employee pension expense. Her preliminary enquiries...
-
Refer to Example 6 and the data on hours of sleep. (a) Obtain the five-number summary: minimum, Ql Q2' Q3, and maximum. (b) Make a boxplot of the hours of sleep.
-
In an experiment to study the relation between the time waiting in line, y (minutes), to get to the head of the checkout line at her favorite grocery store and the number of persons ahead in line, x,...
-
For the data set (a) Calculate the deviations (x - ) and check to see that they add up to 0. (b) Calculate the sample variance and the standard deviation. 3 8.
-
The constants obtained by Shende and Sharma (1974) for use in Eq. (16-72) are given in the following table. Assume their experiments with \(\mathrm{NaOH}-\mathrm{SO}_{2}\) were done at \(1.0...
-
We are separating methanol and water in a staged distillation column at total reflux to determine Murphree efficiency. Pressure is \(101.3 \mathrm{kPa}\). The column has a 2.0 -in. head of liquid on...
-
The large-scale column in Example 16-4 is fed a saturated liquid with mole fraction \(\mathrm{z}=0.5\), and separation is essentially complete ( \(\mathrm{x}_{\text {dist }} \sim 1.0\) and...
Study smarter with the SolutionInn App