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LIQUIDITY AND ASSET COMPOSITION
ASSET COMPOSITION
Current RatioFormula:Current AssetsCurrent Liablities
2014 Current AssetsCurrent Liablities
=46,742,06360,349,714
= 0.77
Average Collection Period
ReceivablesSales per day
2014ReceivablesSales per day
=17 ,860 ,750360
= 49,613
Total Asset Turn over
SalesTotal Assets
2014Sales
Total Assets=103 ,235 ,713
169,292,943= 0.61
Return on Sales
Net Profit (before interest∧tax)Sales
Net Profit (before interest∧tax)Sales
= 19 ,382 ,706103 ,235 ,713
=18.7 %
Return on Assets
Net Profit (earningsafter interest∧taxes)Total Assets
2014Net Profit (earningsafter interest∧taxes)
Total Assets= 13,372,192
169,292,943= 7.90%
Return on Equity
Net Profit
Owner ' s Equity
2014Net Profit
Owner ' s Equity=13,372,192
48,088,459
= 27.8 %
Times Interest Earned
Operating Income (earningsbefore interest∧taxes)Interest
2014Operating Income (earningsbefore interest∧taxes)
Interest=19,382,706
48,088,459= 27.8 %
