11. 2009-2010 2010-2011 2011-2012
1.58 1.5 2.2
0.83 0.98 1.28
0.13 0.256 0.29
0.9
0.64
CURRENT LIABILITIES
CASH RATIO = CASH
0.01 0.007 0.03
CURRENT LIABILITIES
QUICK RATIO =
INDUSTRY
INDUSTRY
ATLAS ENGINEERING
FINANCIAL STATEMENT ANALYSIS
RATIOS
CALCULATIONS
INDUSTRY
LIQUIDITY RATIOS
CURRENT RATIO = CURRENT ASSETS
CURRENT ASSET-INVENTORY
0.57 0.52
0.97 1.13
CURRENT LIABILITIES
12. 0.14 0.25 0.36
141.2 168 172
0.38 0.31 0.29
0.49
TOTAL ASSETS
LONG TERM SOLVENCY RATIO
INTERVAL MEASURE = CURRENT ASSET
112.5
TOTAL DEBIT RATIO = TOTAL ASSET -TOTAL EQUITY
0.44 0.45
-0.01 0.04
TOTAL ASSET
NET W.C TO ASSET
RATIO = NET WORKING CAPITAL -0.03
104 99.3
AVERAGE DAILY OPERATING
COST
INDUSTRY
INDUSTRY
INDUSTRY
13. 0.64 0.5 0.47
0.15 0.11 0.09
5.9 4.6 4.9
INVEN TURN OVER
RATIO =
COGS
8.9 7.6
0.2 0.22
LONG TERM DEBIT+ TOTAL
EQUITY
ASSET MANAGEMENT OR TURN OVER RATIO
INDUSTRY
8.4
INVENTORY
LONG TERM DEBT LONG TERM DEBIT
0.18
DEB TO EQTY RATIO = TOTAL DEBIT
0.8 0.83 0.95
TOTAL EQUITY
INDUSTRY
INDUSTRY
14. 78.02 96.29 96.8
14.4 14.8 13.8
29.3 25.9 26.9
ASSET TURNOVER
RATIO =
SALES
-33.2 -119.2
27
RECEIVABLE TURN VOER
PAYABLE TURNOVER RATIO
DAYS SALES IN
RECEIVABLE =
DAYS
40
36.8
N.W.C
DAYS SALES IN
INVETORY =
DAYS
41 48 43.5
INENTORY TURNVOER DAYS
IN SALES
25
9.1 14.5 13.5
ACC REC
RECEVIABLE TURNOVER RATIO
A/CC REC
TURNOVER RATIO =
SALES
INDUSTRY
INDUSTRY
INDUSTRY
15. -6.1 -37.48 14.26
1.88 2.8 3.3
1.42 1.28 1.46
0.05 0.056 0.07
0.04
0.99 1.24
0.02 0.03
SALES
FIXED ASSET
TURNOVER =
SALES
1.4 1.8 2.6
NET FIXED ASSET
1.58
TOTAL ASSETS
TOTAL ASSET
TURNOVER RATIO =
SALES
INDUSTRY
INDUSTRY
INDUSTRY
INDUSTRY
PAYABLE TURNOVER RATIO
PROFIT MARGIN = NET INCOME
16. 0.07 0.08 0.37
0.11 0.12 0.14
9.14 8.79 11.02
0.07 0.05 0.1
TOTAL EQUITY
RETURN ON ASSETS =
1.9 1.5 2.9
SHARES OUT STANDING
MARKET VALUE MEASURES
EPS = NET INCOME
INDUSTRY
NET INCOME
0.04 0.03 0.05
TOTAL ASSETS
INDUSTRY
INDUSTRY
RETURN ON EQUITY = NET INCOME
17. NGINEERING
ATEMENT ANALYSIS
GRAHPHICAL COMPARASION
0
0.2
0.4
0.6
0.8
1
1.2
1.4
2009-2010 2010-2011 2011-2012
RATIO
YEARS
QUICK RATIO
ATLAS ENGIEERING
INDUSTRY AVERAGES
0
0.5
1
1.5
2
2.5
2009-2010 2010-2011 2011-2012
RATIO
YEARS
CURRENT RATIO
ATLAS ENGINEERING
INDUSTRY AVERAGES
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
2009-2010 2010-2011 2011-2012
RATIO
YEARS
CASH RATIO
ATLAS
ENGINEERING
INDUSTRY
AVERAGES
18. 0
0.1
0.2
0.3
0.4
0.5
0.6
2009-2010 2010-2011 2011-2012
RATIO
YEARS
TOTAL DEBIT RATIO
ATLAS ENGINEERING
INDUSTRY AVERAGES
DEBIT TO EQUITY RATIO
0
50
100
150
200
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
INTERVAIL MAEASURE
ATLAS ENGINEERING
INDUSTRY AVERAGES
-0.05
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
2009-2010 2010-2011 2011-2012
RATIO
YEARS
NET WORKING CAPITAL TO T.ASSET RATIO
ATLAS
ENGINEERING
INDUSTRY
AVERAGES
19. 0
0.2
0.4
0.6
0.8
1
2009-2010 2010-2011 2011-2012
RATIO
YEARS
ATLAS ENGINEERING
INDUSTRY AVERAGES
0
1
2
3
4
5
6
7
8
9
10
2009-2010 2010-2011 2011-2012
RATIO
YEARS
INV TURN OVER RATIO
ATLAS ENGINERING
INDUSTRY AVERAGES
0
0.05
0.1
0.15
0.2
0.25
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
LONG TERM DEBIT RATIO
ATLAS ENGINERING
INDUSTRY AVERAGES
100
120
DAYS SALES IN INVENTORY
20. 0
20
40
60
80
100
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
ATLAS ENGINEERING
INDUSTRY AVERAGES
0
2
4
6
8
10
12
14
16
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
A/C RECEIABLE TURN OVER RATIO
ATLAS ENGINEERING
INDUSTRY AVERAGES
0
10
20
30
40
50
29.3 25.9 26.9
RATIOS
YEARS
DAYS SALES IN RECEIABLE
ATLAS ENGINEERING
INDUSTRY AVERAGES
-50
0
50
-6.1 -37.48 14.26
RATIOS
ASSET TURNOVER RATIO
ATLAS ENGINEERING
INDUSTRY AVERAGES
21. 0
0.01
0.02
0.03
0.04
0.05
0.06
0.07
0.08
2009-2010 2010-2011 2011-2012
RATIO
YEARS
PROFIT MARGIN
ATLAS ENGINEERING
INDUSTRY AVERAGES
-150
-100
-50
RATIOS
YEARS
INDUSTRY AVERAGES
0
0.5
1
1.5
2
2.5
3
3.5
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
FIXED ASSET TURNOVER RATIO
ATLAS ENGINEERING
INDUSTRY AVERAGES
0
0.5
1
1.5
2
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
TOTAL ASSET TURNOVER RATIO
ATLAS ENGINEERING
INDUSTRY AVERAGES
22. YEARS
0
2
4
6
8
10
12
2009-2010 2010-2011 2011-2012
RATIO
YEARS
EEARNING PER SHARE
ATLAS ENGINEERING
INDUSTRY AVERAGES
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
RETURN ON ASSETS
ATLAS ENGINEERING
INDUSTRY AVERAGES
0
0.02
0.04
0.06
0.08
0.1
0.12
0.14
0.16
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
RETURN ON EQUITY
ATLAS ENGINEERING
INDUSTRY AVERAGES
23. 2009-2010 2010-2011 2011-2012
1.58 1.5 2.2
0.83 0.98 1.28
0.13 0.256 0.29
1.5
1.5
CURRENT LIABILITIES
CASH RATIO = CASH
0.2 0.5 0.5
CURRENT LIABILITIES
QUICK RATIO =
INDUSTRY
INDUSTRY
THAL LIMITED
FINANCIAL STATEMENT ANALYSIS
RATIOS
CALCULATIONS
INDUSTRY
LIQUIDITY RATIOS
CURRENT RATIO = CURRENT ASSETS
CURRENT ASSET-INVENTORY
0.7 1.13
2.7 3
CURRENT LIABILITIES
24. 0.14 0.25 0.36
141.2 168 172
0.38 0.31 0.29
0.2
TOTAL ASSETS
LONG TERM SOLVENCY RATIO
INTERVAL MEASURE = CURRENT ASSET
112.55
TOTAL DEBIT RATIO = TOTAL ASSET -TOTAL EQUITY
0.45 0.26
0.3 0.4
TOTAL ASSET
NET W.C TO ASSET
RATIO = NET WORKING CAPITAL 0
188.26 196.4
AVERAGE DAILY OPERATING
COST
INDUSTRY
INDUSTRY
INDUSTRY
25. 0.64 0.5 0.47
0.15 0.11 0.09
5.9 4.6 4.9
INVEN TURN OVER
RATIO =
COGS
6 3.39
0.07 0
LONG TERM DEBIT+ TOTAL
EQUITY
ASSET MANAGEMENT OR TURN OVER RATIO
INDUSTRY
3.8
INVENTORY
LONG TERM DEBT LONG TERM DEBIT
0.17
DEB TO EQTY RATIO = TOTAL DEBIT
0.82 0.35 0.25
TOTAL EQUITY
INDUSTRY
INDUSTRY
26. 78.02 96.29 96.8
14.4 14.8 13.8
29.3 25.9 26.9
ASSET TURNOVER
RATIO =
SALES
11.7 3.8
22.4
RECEIVABLE TURN VOER
PAYABLE TURNOVER RATIO
DAYS SALES IN
RECEIVABLE =
DAYS
16
3.49
N.W.C
DAYS SALES IN
INVETORY =
DAYS
60.8 107.67 96
INENTORY TURNVOER DAYS
IN SALES
19.2
22.8 19 16.3
ACC REC
RECEVIABLE TURNOVER RATIO
A/CC REC
TURNOVER RATIO =
SALES
INDUSTRY
INDUSTRY
INDUSTRY
27. -6.1 -37.48 114.26
1.88 2.8 3.3
1.42 1.28 1.46
0.05 0.056 0.07
0.05
1.9 1.3
0.09 0.12
SALES
FIXED ASSET
TURNOVER =
SALES
3.9 2.9 3.3
NET FIXED ASSET
1.4
TOTAL ASSETS
TOTAL ASSET
TURNOVER RATIO =
SALES
INDUSTRY
INDUSTRY
INDUSTRY
INDUSTRY
PAYABLE TURNOVER RATIO
PROFIT MARGIN = NET INCOME
28. 0.07 0.08 0.37
0.11 0.12 0.14
9.14 8.79 11.02
0.16 0.16 0.21
TOTAL EQUITY
RETURN ON ASSETS =
19.25 17.75 22.48
SHARES OUT STANDING
MARKET VALUE MEASURES
EPS = NET INCOME
INDUSTRY
NET INCOME
0.09 0.12 0.17
TOTAL ASSETS
INDUSTRY
INDUSTRY
RETURN ON EQUITY = NET INCOME
29. LIMITED
ATEMENT ANALYSIS
GRAHPHICAL COMPARASION
0
0.5
1
1.5
2
2.5
3
3.5
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
CURRENT RATIO
THAL LTD
INDUSTRY
AVERAGES
0
0.5
1
1.5
2
0.83 0.98 1.28
RATIO
YEARS
QUICK RATIO
THAL LTD
INDUSTRY
AVERAGES
0
0.1
0.2
0.3
0.4
0.5
0.6
2009-2010 2010-2011 2011-2012
RATIO
YEARS
CASH RATIO
THAL LTD
INDUSTRY AVERAGES
30. 0
0.1
0.2
0.3
0.4
0.5
2009-2010 2010-2011 2011-2012
RATIO
YEARS
TOTAL DEBIT RATIO
THAL LTD
INDUSTRY
AVERAGES
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
0.45
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
NET WORKING CAPITAL TO ASSET RATIO
THAL LTD
INDUSTRY
AVERAGES
0
50
100
150
200
250
2009-2010 2010-2011 2011-2012
RATIO
YEARS
INTERVAIL MEASURE
THAL LTD
INDUSTRY AVERAGES
0.7
0.8
0.9
DEBIT TO EQUITY RATIO
31. 0
1
2
3
4
5
6
7
2009-2010 2010-2011 2011-2012
RATIO
YEARS
INV TURN OVER RATIO
THAL LTD
INDUSTRY
AVERAGES
0
0.02
0.04
0.06
0.08
0.1
0.12
0.14
0.16
0.18
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
LONG TERM DEBIT RATIO
THAL LTD
INDUSTRY
AVEAGES
100
120
DAYS SALES IN INVENTORY
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
2009-2010 2010-2011 2011-2012
RATIO
YEARS
THAL LTD
INDUSTRY
AVERAGES
32. 0
20
40
60
80
100
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
THAL LTD
INDUSTRY
AVERAGES
0
5
10
15
20
25
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
A/C RECEIABLE TURN OVER RATIO
THAL LTD
INDUSTRY
AVERAGES
0
5
10
15
20
25
30
35
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
DAYS SALES IN RECEIABLE
THAL LTD
INDUSTRY
AVERAGES
50
100
150
RATIOS
ASSET TURNOVER RATIO
THAL LTD
33. 0
0.02
0.04
0.06
0.08
0.1
0.12
0.14
2009-2010 2010-2011 2011-2012
RATIO
YEARS
PROFIT MARGIN
THAL LTD
INDUSTRY
AVRAGES
-50
0
50
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
INDUSTRY
AVERAGES
0
1
2
3
4
5
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
FIXED ASSET TURNOVER RATIO
THAL LTD
INDUSTRY
AVRAGES
0
0.5
1
1.5
2
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
TOTAL ASSET TURNOVER RATIO
THAL LTD
INDUSTRY
AVERAGE
34. YEARS
0
5
10
15
20
25
2009-2010 2010-2011 2011-2012
RATIO
YEARS
EEARNING PER SHARE
THAL LTD
INDUSTRY
AVERAGS
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
RETURN ON ASSETS
THAL LTD
INDUSTRY AVERAGES
0
0.05
0.1
0.15
0.2
0.25
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
RETURN ON EQUITY
THAL LTD
INDUSTRY
AVERAGES
35. 2009-2010 2010-2011 2011-2012
1.58 1.5 2.2
0.83 0.98 1.28
0.13 0.256 0.29
3.4
1.3
0.2
BALOCHISTAN WHEEL
LIQUIDITY RATIOS
0.19
RATIOS
5.3
1.7
0.35
1.23
FINANCIAL STATEMENT ANALYSIS
CURRENT RATIO =
3.67
CURRENT ASSETS
CURRENT LIABILITIES
INDUSTRY
CALCULATIONS
CURRENT ASSET-INVENTORY
CURRENT LIABILITIES
CASH
CURRENT LIABILITIES
CASH RATIO =
INDUSTRY
INDUSTRY
QUICK RATIO =
36. 0.14 0.25 0.36
141.2 168 172
0.38 0.31 0.29
0.45
211.9
0.230.238
LONG TERM SOLVENCY RATIO
TOTAL ASSET -TOTAL
0.45
198.59
0.65
220.5
0.17
CURRENT ASSETINTERVAL MEASURE =
TOTAL ASSETS
TOTAL DEBIT RATIO =
AVERAGE DAILY OPERATING
COST
NET W.C TO ASSET
RATIO = NET WORKING CAPITAL
TOTAL ASSET
INDUSTRY
INDUSTRY
INDUSTRY
37. 0.64 0.5 0.47
0.15 0.11 0.09
5.9 4.6 4.9
0.21
0.05
0.31
0.06
2.74
133.2
0.313
0.09
TOTAL EQUITY
DEB TO EQTY RATIO =
2.76
132.25
2.42
150.8
LONG TERM DEBIT+ TOTAL
EQUITY
TOTAL DEBIT
DAYS
LONG TERM DEBT LONG TERM DEBIT
ASSET MANAGEMENT OR TURN OVER RATIO
COGS
INVENTORY
INDUSTRY
INDUSTRY
DAYS SALES IN
INVETORY =
INVEN TURN OVER
RATIO =
INDUSTRY
38. 78.02 96.29 96.8
14.4 14.8 13.8
29.3 25.9 26.9
-6.1 -37.48 14.26
2.5
33.49
2.96
133.2
10.9
3.13
RECEIVABLE TURN VOER
PAYABLE TURNOVER RATIO
132.25
11.44
31.91
150.8
11.6
31.4
INENTORY TURNVOER DAYS
IN SALES
RECEVIABLE TURNOVER RATIO
SALES
ACC REC
DAYS
ASSET TURNOVER
RATIO =
SALES
N.W.C
INDUSTRY
DAYS SALES IN
INVETORY =
A/CC REC
TURNOVER RATIO =
DAYS SALES IN
RECEIVABLE =
INDUSTRY
INDUSTRY
INDUSTRY
39. 1.88 2.8 3.3
1.42 1.28 1.46
0.05 0.056 0.07
4
1.4
0.07
3.6
1.3
0.06
SALES
PROFIT MARGIN =
PAYABLE TURNOVER RATIO
0.34
1.37
0.06
NET INCOME
SALES
NET FIXED ASSET
TOTAL ASSET
TURNOVER RATIO =
SALES
TOTAL ASSETS
INDUSTRY
INDUSTRY
INDUSTRY
FIXED ASSET
TURNOVER =
40. 0.07 0.08 0.37
0.11 0.12 0.14
9.14 8.79 11.02
0.89
0.11
7.7
0.08
0.11
6.27
0.11
7.12
0.09
RETURN ON EQUITY = NET INCOME
TOTAL EQUITY
MARKET VALUE MEASURES
NET INCOME
SHARES OUT STANDING
EPS =
INDUSTRY
NET INCOME
TOTAL ASSETS
RETURN ON ASSETS =
INDUSTRY
INDUSTRY
41. STAN WHEEL
ATEMENT ANALYSIS
GRAHPHICAL COMPARASION
0
1
2
3
4
5
6
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
CURRENT RATIO
BALOCHISTAN WHEEL
INDUSTRY AVERAGES
0
0.5
1
1.5
2
2009-2010 2010-2011 2011-2012
RATIO
YEARS
QUICK RATIO
BALOCHISTA
N WHEEL
INDUSTRY
AVERAGES
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
2009-2010 2010-2011 2011-2012
RATIO
YEARS
CASH RATIO
BALOCHISTAN WHEEL
INDUSTRY AVERAGES
42. 0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
2009-2010 2010-2011 2011-2012
RATIO
YEARS
TOTAL DEBIT RATIO
BALOCHISTAN WHEEL
INDUSTRY AVERAGES
0.6
0.7
DEBIT TO EQUITY RATIO
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
NET WORKING CAPITAL TO ASSET RATIO
BALOCHISTAN WHEEL
INDUSTRY AVERAGES
0
50
100
150
200
250
2009-2010 2010-2011 2011-2012
RATIOS
YEARS
INTERVAIL MAEASURE
BALOCHISTAN WHEEL
INDUSTRY AVERAGES