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Flashcards in Formulas Deck (31):
0

Working cap

CA - CL

1

Current ratio

CA/CL

2

Acid test ratio

(Cash equiv + mkt sec + net rec)/CL

3

Cash ratio

(Cash equivalent + mkt sec)/CL

4

AR T/O

Net cr sales/avg net rec

5

AR T/O in days

365/AR T/O

6

Inv T/O

COGS/avg inv

BI
+ purch
(COGS)
= EI

7

Inv T/O in days

365/inv T/O

8

Operating cycle

AR T/O in days + inv T/O in days

9

Working cap T/O

Sales/avg working cap

10

TAT

Net sales/avg TA

11

AP T/O

COGS/avg AP

12

Days in AP

Avg AP/(COGS/365)

13

Net PM

NI/net sales

14

Return on TA

NI + int exp/avg TA

15

Return on assets

Net PM * TAT

(NI/net sales) * (net sales/avg TA)

16

ROI

(NI + int exp (1-T))/avg (LTL + eq)

17

Return on common equity

NI - pref div/avg CSE

18

Net op margin %

Net op inc/net sales

19

Gross PM %

Gross PM/net sales

Gross PM = net sales - COGS

20

Op cash flow per share

Op cash flow/CS outstanding

21

Degree of fin leverage

EBIT/EBT

22

EPS

(NI - PS div)/WACSO

23

P/E ratio

Mkt price per share/diluted EPS

24

Div payout ratio

Div per common share/diluted EPS

25

Dividend yield

Div per CS/mkt price per CS

26

BV per share

(Total SHE - PS)/CS out

27

D/E ratio

Total liab/CSE

28

Debt ratio

TL/TA

29

TIE

Recurring inc before tax & int/int

30

Op CF to total debt

OCF/total debt