Ratio Analysis Flashcards Preview

CPA - AUDIT 2014 > Ratio Analysis > Flashcards

Flashcards in Ratio Analysis Deck (17):
1

Current Ratio

Current Assets / Current Liabilities

2

Quick Ratio

(Current Assets - Inventory) / Current Liabilties

3

Receivable Turnover

Net Sales / Average Net Receivables

4

Days Sales in Receivable

365, 360, or 300 / (Net Sales / Average Net Receivables)

5

Inventory Turnover

COGS / Average Inventory

6

Days Sales in Inventory

365, 360, or 300 / (COGS / Average Inventory)

7

Total Asset Turnover

Net Sales / Total Assets

8

Debt to Equity ratio

Total Debt / Total Equity

9

Times Interest Earned

(Net Income + Int Exp + Inc Tax) / Interest Expense

10

COGS Ratio

COGS / Net Sales

11

Gross Margin %

(Net Sales - COGS) / Net Sales

12

Net Operating Margin %

Operating Income / Net Sales

(Op Inc = income before subtract interest & taxes)

13

Return on Equity

Net Income / Total Equity

14

Return on Assets

Net Income / Total Assets

(Add back interest expense if applicable)

15

Net Fixed Assets to Equity

Fixed Assets / Stockholder's Equity

16

Net Fixed Assets to Equity

Fixed Assets / Stockholder's Equity

17

Debt Ratio

Total Liabilities / Total Assets