Gross Profit Ratio = 16.9 / 321.6 = 0.0525 or 5.25%

Current Ratio = Current Assets / Current Liabilities

Quick Ratio = (Current Assets - Inventory) / Current Liabilities

Debt to Equity Ratio = Total Debt / Total Equity

Debt to Capital Ratio = Total Debt / (Total Debt + Total Equity)

Asset to Equity Ratio = Total Assets / Total Equity

Working Capital = Current Assets - Current Liabilities

Equity Turnover Ratio = Revenue / Average Equity

Gross Profit Ratio = Gross Profit / Revenue

Q1 2020:

Current Ratio = 695.4 / 697.0 = 0.9977

Quick Ratio = (695.4 - 0.5) / 697.0 = 0.9957

Debt to Equity Ratio = 592.6 / 124.7 = 4.75

Debt to Capital Ratio = 592.6 / (592.6 + 124.7) = 0.826

Asset to Equity Ratio = 821.6 / 124.7 = 6.59

Working Capital = 695.4 - 697.0 = -1.6

Equity Turnover Ratio = 321.6 / ((124.7+127.7)/2) = 2.57

Gross Profit Ratio = 23.8 / 321.6 = 0.074

Q2 2020:

Current Ratio = 665.1 / 668.5 = 0.9949

Quick Ratio = (665.1 - 0.5) / 668.5 = 0.9941

Debt to Equity Ratio = 361.5 / 126.1 = 2.87

Debt to Capital Ratio = 361.5 / (361.5 + 126.1) = 0.741

Asset to Equity Ratio = 794.6 / 126.1 = 6.30

Working Capital = 665.1 - 668.5 = -3.4

Equity Turnover Ratio = 282.8 / ((126.1+124.7)/2) = 2.26

For Q2 2020:

Current Ratio = 659.1 / 668.5 = 0.99

Quick Ratio = (659.1 - 0.5) / 668.5 = 0.98

Debt to Equity Ratio = 361.5 / 126.1 = 2.87

Debt to Capital Ratio = 361.5 / (361.5 + 126.1) = 0.74

Asset to Equity Ratio = 794.6 / 126.1 = 6.30

Working Capital = 659.1 - 668.5 = -9.4

Equity Turnover Ratio = 282.8 / ((126.1+124.7)/2) = 2.25

Gross Profit Ratio = 32.0 / 282.8 = 0.11

For Q3 2020:

Current Ratio = 980.0 / 697.0 = 1.41

Quick Ratio = (980.0 - 7.9) / 697.0 = 1.39

Debt to Equity Ratio = 592.6 / 124.7 = 4.75

Debt to Capital Ratio = 592.6 / (592.6 + 124.7) = 0.83

Asset to Equity Ratio = 821.6 / 124.7 = 6.59

Working Capital = 980.0 - 697.0 = 283.0

Equity Turnover Ratio = 345.1 / ((124.7+126.1)/2) = 2.76

Required:

Need brief explanations and ratios comparisons for each quarter for Bird Inc.

Answer rating: 100% (QA)

Sure Lets analyze the financial ratios for Bird Inc for each quarter and provide brief explanations and comparisons Q1 2020 Current Ratio The current ratio measures the companys ability to cover its s... View the full answer