In detail explain analysis (see appendix for calculations) 2023 2022 Industry average Return on equity 0.17% 23.00% 17.86% Return on assets 0.04% 6.46% 10.39% Gross profit margin 8.79% 9.14% 23.15% Net profit margin 0.01% 1 23.15% 0.95% Expense ratio 8.65% 9.00% n/a Cash flow to sales 2.54% 4.18% n/a Dividend payout ratio 13.50% 0.05% 68.12% Price earnings ratio 13.65 times 0.10 times TBA times Asset turnover 3.02 times 3.31 times n/a Times inventory turnover 14.521 times 11.65 times n/a Days inventory 25.13 days 20.83 days n/a Days receivables 27.18 days 22.75 days n/a Times receivables turnover 0.13 times 0.16 times n/a Current ratio 1.001:1 1.037:1 1.37:1 Quick ratio 0.565:1 0.621:1 n/a Cashflow ratio 0.058 times 0.073 times n/a Debt to equity ratio - calculated 138.26% 91.75% 25.99% Debt ratio 77.86% 72.62% 15.37% Equity ratio 22.14% 27.38% n/a Debt coverage 0.10 times 0.09 times n/a Interest cover ratio 2.04 times 1.86 times n/a Relate to the ratios Do the ratios show improvement or decline or stability, which ratios show this? 2-3 paragraphs