3310 Accounting 1

Solvency Tot equity/ to assets

Times interest earned EBIE / Interest expense

EBITDA coverage ratio EBITDA / Interest expense

Capex ratio CF from operations / net inv. in tang. & int. FA

Capex to sales ratio Net investment in T & I FA / sales

Profit margin EBIE / sales

Pretax margin EBT / sales

ROA EBIE / Average total assets

ROCE EBIE / Avg. CE

ROE Net income / average equity

Employee contribution (Sales - personnel expenses) / Avg. employees

Current ratio Current assets / current liabilities

Quick ratio (cash + marketable securities + AR) / current liabilities

Defense internval 365 * (cash + mark sec + AR) / projected expenditures

Cash conversion cycle Days Inventory + AR - AP

ROIC EBIT/IC

Invested capital Assets - NIBL - LA

Capital employed Assets - NIBL

ROCE EBIE/CE

Du Pont (ROCE) EBIE/sales x sales/CE

ROE from ROCE (1-t) * (ROCE + (ROCE - COD) *(D/E) )

3 component duPont ROE= net income/sales * sales/assets * assets/equity

Du Pont 5 component ROE = net income/EBT * EBT/EBIE * EBIE/Sales * Sales/assets * Assets/equity

ROE from ROA (1-t) * (ROA + (ROA - COL)*(L//E)

ROE from ROIC (1-t) * (ROIC + (ROIC-COND)*(ND/E)

Average economic life Acq value / depreciation (for the year)

Average age (assets) Accumulated depreciation / Acq value * average life

LA Cash & cash equivalents + non-current recievables

"Quick" asset Värdepapper + cash + AR

Accounts payable days Average AR / (COGS + increase inventory) * 365

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