FORMULAS Flashcards
(32 cards)
SE - BV PER SHARE
Common Shareholders Equity
/ Common shares outstanding
= BV per Common Share
SE - Common Shareholders Equity
Total Equity
- Preferred Stock Outstanding
- Cumulative Preferred Dividends in Arrears
SE - Cash Dividends
Cash Dividends - PF Current % - PF in Arrears = Balance - CS PF % = Balance Pro-rated
SE - Stock Dividends
Small (Less than 20 - 25%) Use MV
Large (Greater than 20 -25%) Use PV
SE - Basic EPS
Net Income - Pref Dividends
/ WACSO
= Basic EPS
SE - Diluted EPS
Net Income + Interest (net of tax)
/ WACSO + converted shares
SE - Diluted stock options/warrants
If market price is greater than option price
WC
CA - CL
CR
CA/CL
QR
CA + Net Rec + MS
/ CL
Cash Ratio
Cash + MS
/ CL
A/R Turnover
Credit Sales
/ Ave Net Rec
A/R Turnover in Days
365
/ A/R Turnover
Inventory Turnover
COS
/ Ave Inventory
Inventory Turnover in Days
365
/ Ave Inventory
Operating Cycle
A/R turnover in days + Inventory turnover in days
WC Turnover
Net Sales
/ Ave WC
Total Asset Turnover
Net Sales
/ Ave Total Assets
Return on Total Assets
Net Income
/ Ave Total Assets
Return on Investment
Net Income + Interest (net of Tax)
/ Ave (Liabilities + Equity)
Dupont Return on Assets
Net Profit Margin x Total Assets Turnover
Return on Common Equity
Net Income - Pref Dividends
/ Ave Common Equity
Debt to Equity
Liabilities
/ Common Equity
Debt Ratio
Liabilities
/ Assets