Intcitec Pivot Limited Financial Ratios:

	2023	2022	2021	2020	2019
Return on Revenue (ROR) (%)	9.2	15.7	3.4	3.1	3.8
Return on Assets (ROA) (%)	5.3	9.1	1.6	1.3	1.6
Current Ratio (X)	3.3	1.5	1.2	1.2	0.6
Gearing Ratio (%)	39.1	42.1	42.8	44.0	50.0
Pre-Tax Margin (%)	5.1	13.7	3.7	3.8	4.1

Question:

Explainthe relevance ofthese ratios for this company over a historical period offivefinancialyears. -Explainthe performance of the company using this analysis

• analyseandexplainthe reasons for changes in these ratios over the past five years and compared to the average of the past five years