Using the Financial Statements from Boursa Kuwait website, show your full input, calculation, and interpretation of the
Question:
Using the Financial Statements from Boursa Kuwait website, show your full input, calculation, and interpretation of the ratio in the table below
Profitability Ratios | Ratio Calculation | Ratio Interpretation | |
Profit margin | Net income Net Sales (or net revenues) | ||
Asset turnover | Net sales (or net revenues) Average Assets Average assets can be calculated by using total assets value at the end of the current year plus total assets value at the end of the previous year and then divide the result by two. | ||
Return on Assets | Net income Average Assets |
Liquidity Ratios | Ratio Calculation | Ratio Interpretation | |
Current Ratio | Current Assets Current Liabilities | ||
Quick Ratio | Cash +marketable securities + Receivables Current Liabilities | ||
Debt Ratio | Total Liabilities Total Assets |
Download the most recent financial statements (2021) of SULTAN CENTER FOOD PRODUCTS COMPANY - K.S.C from Boursa of Kuwait.
Use the following statements:
1. Consolidated Statement of financial position (page 5)
2. Consolidated statement of comprehensive income (page 6)
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan