Question: Based on table below , is your company doing better or worse than last year? Explain your answer. 2019 2018 Ratio Category 1. Current ratio
Based on table below , is your company doing better or worse than last year? Explain your answer.
| 2019 | 2018 | Ratio Category | ||
| 1. Current ratio | 0.67 | 0.64 | Liquidity | |
| 2. Quick ratio / Acid-test ratio | 0.58 | 0.54 | Liquidity | |
| 3. Accounts receivable turnover | 27.12 | n/a | Liquidity | |
| 4. Days' sales uncollected | 17.70 | 9.40 | Liquidity | |
| 5. Equity ratio | 38% | 38% | Solvency | |
| 6. Debt ratio | 62% | 62% | Solvency | |
| 7. Debt-to-equity ratio | 1.63 | 1.66 | Solvency | |
| 6. Gross Margin Ratio | 13% | 15% | Profitability | |
| 9. Profit margin ratio | 10.00% | 11.22% | Profitability | |
| 10. Total asset turnover | 0.86 | n/a | Liquidity | |
| 11. Return on total assets | 9% | n/a | Profitability | |
| 12. Return on common stockholders' equity | 23% | n/a | Profitability | |
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