Ratios Flashcards
1
Q
Current Ratio
A
Current assets / current liabilities
2
Q
Acid Test Ratio
A
Current assets - stock / current liabilities
3
Q
Gearing
A
( Non current liabilities / total equity + non current liabilities ) x 100
4
Q
Asset Turnover
A
Sales revenue / net assets (assets minus liabilities)
5
Q
Stock Turnover
A
Stock / Cost of Sales x 365
6
Q
Return on capital employed (ROCE)
A
( Operating profit / total equity + non current liabilities ) x 100
7
Q
Return on Equity
A
( Operating profit / total equity ) x 100
8
Q
Interest Cover
A
Operating profits / interest payable
9
Q
Receivables (debtor days)
A
(Trade receivables / cost of sales) x 365
10
Q
Payable (creditor days)
A
( Trade payables / cost of sales ) x 365
