12. 2014 2013 2012 2011
Current Assets
Cash & Bank Balance 2,354,150 3,534,967 82,477 868,741
Inventory 3,852,540 4,311,552 2,853,523 3,443,054
Sales Recievable 2,503,651 2,105,102 1,581,062 1,245,786
Stores and spares 116,205 115,646 106,039 121,368
Total Current Assets 8,826,546 10,067,267 4,623,101 5,678,949
13. Fixed Assets
Property, plant & equipment 2,873,067 3,355,778 3,255,755 3,847,016
Intangible assets 86,431 139,556 56,366 87,023
Long term loans and
advances
52,772 37,189 33,855 33,532
Long term deposits 4,042 4,042 4,042 4,042
Total Fixed Assets 3,016,312 3,536,565 3,350,018 3,971,613
2014 2013 2012 2011
Total Assets 11,842,858 13,603,832 7,973,119 9,650,562
14. SHARE CAPITAL AND RESERVES
Authorised share capital
200,000,000 (2013-14: 200,000,000) 2014 2013
ordinary shares of Rs.10/- each 2,000,000 2,000,000
Issued, subscribed and paid-up share capital 1,428,000 1,428,000
Accumulated profit / (loss) 887,220 (139,326)
Reserves 76,000 76,000
2,391,220 1,364,674
Trade and other payables 9,856,245 13,646,869
Accrued markup 13,790 91,986
9,870,035 13,738,855
56,134 42,634
TOTAL LIABILITIES 9,926,169 13,781,489
TOTAL EQUITY AND LIABILITIES 15,146,16312,317,389
15. • Liquidity Ratio
• Activity Ratio
• Debt Ratio
• Profitability Ratio
• Market Ratio
16. Liquidity Ratio
• Currrent Ratio
Current Ratio = current asset / current liability
Current Ratio = 8,826,546 / 9,870,035
Current Ratio = 8.94
• Quick Ratio
Quick ratio = current asset – inventory / current liability
Quick ratio = 8,826,546 - 3,852,540 /9,870,035
Quick ratio = 4974006 / 9,870,035
Quick ratio = 0.50
17. • Working Capital
Working capital = current asset – current liability
Working capital = 8,826,546 - 9,870,035
Working capital = (1043489)
18. Activity Ratio
• Asset Turnover Ratio
Asset T.O ratio = sales / total assets
Asset T.O ratio = 39,153,254/11,842,858
Asset T.O ratio = 3.30
• Inventory Turnover Ratio
Inventory T.O Ratio = COGS / Average inventory
Inventory T.O Ratio = 16,643,607 / 4082046
Inventory T.O Ratio = 4.07 time
19. • Inventory Turnover in Days
I T.O in days = No of day in a year / Inventory T.O Ratio
I T.O in days = 365 / 4.07
I T.O in days = 89.6 days
• Account Recievable Turning over Ratio
A/R T.O Ratio = credit sale / average A/R
A/R T.O Ratio = 39,153,254 / 2,304,376.5
A/R T.O Ratio = 16.99 time
20. • Average Turningover in Days
A/R T.O in days = no of days in a years/ A/R T.O Ratio
A/R T.O in days = 365 / 16.99
A/R T.O in days = 21.48 days
• Operating Cycle
Operating Cycle = Inventory T.O in days + A/R T.O in days
Operating Cycle = 89.6 + 21.48
Operating Cycle = 111.08 days
21. Debt Ratio
• Debt Ratio
Debt Ratio = Total Debt / Total Assets
Debt Ratio = 9,926,169 / 11,842,858
Debt Ratio = 0.84
• Debt to Equity Ratio
Debt to Equity Ratio = Total Debt / Total Equity
Debt to Equity Ratio = 9,926,169 / 2,391,220
Debt to Equity Ratio = 4.15
22. • Longterm Debt to Equity Ratio
Longterm Debt to Equity Ratio=Total Longterm debt/Total
Equity
Longterm Debt to Equity Ratio = 56,134 / 2,391,220
Longterm Debt to Equity Ratio = 0.02
• Debt to Total Capitalization
Total Capitalization = Longterm Debt + Owner Equity
Total Capitalization= 56,134 + 2,391,220 = 2,447,354
Debt to Total Capitalization = Total Debt / Total Capitalization
Debt to Total Capitalization = 9,926,169 / 2,447,354
Debt to Total Capitalization = 4.05
23. Profitibility Ratio
• Gross Profit Margin
Gross Profit Margin = Gross Profit / Total Sales
Gross Profit Margin = 2,857,245 / 39,153,254
Gross Profit Margin = 0.07
• Net Profit Margin
Net Profit Margin = Net Profit / Total Sales
Net Profit Margin = 2,135,321 / 39,153,254
Net Profit Margin = 0.05
24. • Return on Assets
Return on Assets = Net Profit / Total Asset
Return on Assets = 2,135,321 / 11,842,858
Return on Assets = 0.18
• Return on Equity
Return on Equity = Net Profit / Total O.E
Return on Equity = 2,135,321 / 2,391,220
Return on Equity = 0.09
25. Market Ratio
• Earning per Share
EPS = Net Profit / Outstanding Share
EPS = 1,073,670 / 200,000,000
EPS = 5.37
• Price to Earning
PE = Market Price to Share / EPS
PE = 10 / 5.37
PE = 1.86