Equations for Exam 2 Flashcards
(22 cards)
Market-to-Book Ratio
Market Cap / Stockholder Equity
Enterprise Value
Market Cap + Long Term Debt - Cash
Assets
Liabilities + Stockholder Equity
Retained Earnings
Net Income - Dividends
Net Sales of Stock
Sales of Stock - Repurchases of Stock
Change in Stockholder Equity
Retained Earnings + Net Sales of Stock
Inventory Turnover
Annual Cost of Sales / Inventories
COGS / Inventories
Accounts Receivable Turnover
Annual Cost of Sales / Accounts Receivable
Accounts Payable Turnover
Annual Cost of Sales / Accounts Payable
Fixed Asset Turnover
Sales / Fixed Asset
EBIT
Net Income + Interest + Taxes
Revenue - COGS - Operating Expenses
EBITDA
Net Income + Interest + Taxes + Depreciation + Amortization
Debt-Equity Ratio
Debt Ratio / (1 - Debt Ratio)
Debt Ratio
Total Debt / Total Assets
Total Debt
Total Assets - Total Equity
Net Debt
Total Debt - Cash and Short Term Investments
ROA
ROE x (1 - Debt Ratio)
Net Income
Pretax Income (1 - Tax Rate)
DuPont Identity
ROE = Net Profit Margin x Total Asset Turnover x Equity Multiplier (book)
Diluted EPS
Net Income / Diluted Shares
Diluted Shares
Shares Outstanding + Option Outstanding
Gross Profit
Net Sales - COGS - Returns and Allowances
