Using published data, we provide select financial ratios of eight Indian steel players listed in the Bombay
Question:
Using published data, we provide select financial ratios of eight Indian steel players listed in the Bombay Stock Exchange (BSE).
Based on the ratios, answer the following:
1. Identify the company that is having the highest asset utilization ratio.
2. What is the reason for the wide range of price-earnings ratios.
3. Identify the company with the highest equity multiplier.
Transcribed Image Text:
Company → Selected Ratios ↓ Short-term solvency ratios Current ratio Quick ratio Long-term solvency ratios • Debt-equity ratio Table: Selected Ratios of Players in Indian Steel Industry Times interest earned ratio Turnover ratios • Inventory turnover ratio . Fixed assets turnover ratio Profitability ratios • Profit margin (%) Return on Equity (ROE) (%) Market value ratio Price-earnings ratio. Aditya Bhusan Ispat Jindal JSW Lloyd Ispat Steel Industries Steel Steel Steel 10.58 7.55 0.20 10.42 5.86 3.17 0.86 1.24 172.9 1.87 1.07 2.67 7.53 5.84 1.42 8.14 25.79 10.8 1.58 0.80 14.87 1.48 10.72 0.57 -0.12 -1.50 -435.7 1.13 0.75 0.81 0.72 0.44 0.41 1.41 0.84 ΝΑ 8.35 6.99 2.08 6.99 11.04 8.08 0.71 0.81 0.78 19.75 28.20 50.7 14.98 -3.83 24.79 ΝΑ 11.0 -3.9 Steel Authority of India (SAIL) Steel Tata 1.59 1.01 0.24 33.12 7.50 1.16 17.38 36.09 12.0 1.74 1.46 0.69 29.18 8.47 1.09 23.42 30.71 11.1
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Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
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