Ratio - California State University, Northridge
WHERE TO FIND SOME KEY BENCHMARK RATIOS
| |Industry Norms & Key Business Ratios - Dun & Bradstreet |Almanac of Business and Industrial Financial |Annual Statement Studies – Financial Ratio Benchmarks|
| | |Ratios | |
|Times Interest Earned | | |EBIT/Interest |
|Total Debt to Owners Equity |(Total Liab & NW – NW) ÷ NW | |Debt/Worth |
|Long Term Debt to Total Cap. |Other LT Debt ÷ (Other LT Debt + NW) | |LT Debt ÷ (LT Debt + Net Worth) |
|Current |Current Ratio |Current Ratio (30) |Current |
|Quick |Quick Ratio |Quick Ratio (31) |Quick |
|Accounts Payable Payment Period | | |365 ÷ Cost of Sales/Payables |
|Gross Profit Margin |Gross Profit | |Gross Profit |
|Return on Sales |Return on Sales | | |
|Return on Assets |Return on Assets |Return on Total Assets (46) | |
|Inventory Turnover | |Inventory Turnover (35) |Cost of Sales/Inventory |
|Accounts Receivable Collection Period |Coll Period |365 ÷ Receivables Turnover (36) |365 ÷ Sales/Receivables |
| | | | |
NOTES:
Net Worth is abbreviated “NW” and Long-Term is abbreviated “LT”.
For the project you should use one (1) benchmark value for each ratio to simplify your analysis. You should select the most recent year and apply to all five (5) years. Keep in mind that these ratios are based on a very small sampling of companies in an Industry (SIC or NAICS code) and these benchmarks are only minor indicators of financial performance. You will receive a poor grade if your discussion primarily discusses the relationship to the Benchmark value.
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