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30 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Working capital |
Current assets - current liabilities |
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Current ratio |
Current assets/current liabilities |
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Acid test ratio (AKA quick ratio) |
(Cash equivalents+marketable securities+accounts receivable)/Current liabilities |
Does not include concurrent assets or inventory or prepaid expenses |
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Cash ratio |
(Cash equivalents+marketable securities)/Current liabilities |
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Accounts receivable turnover |
Net credit sales/Average net receivables |
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Accounts receivable turnover in days |
365/Accounts receivable turnover |
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Inventory turnover |
Cost of goods sold/Average inventory |
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Inventory turnover in days |
365/Inventory turnover |
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Operating cycle |
AR turnover in days + inventory turnover in days |
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Working capital turnover |
Sales/Average working capital |
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Total assets turnover |
Net sales/Average total assets |
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Accounts payable turnover |
Purchases/Average accounts payable |
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Days in accounts payable |
365/Accounts payable ratio |
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Net profit margin |
Net income/Net sales |
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Return on total assets |
Net income/Average total assets |
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Return on assets (alternate calculation) |
Net profit margin*Total asset turnover |
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Return on investment |
[Net income+Interest expense*(1-tax rate)]/[Average (Long term liabilities+equity)] |
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Return on common equity |
(Net income - preferred dividends)/Average common equity |
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Net operating margin percentage |
Net operating income/Net sales |
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Gross (profit) margin percentage |
Gross (profit) margin/ Net sales |
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Operating cash flow per share |
Operating cash flow/Common shares outstanding |
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Degree of financial leverage |
(EBIT)/EBT |
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Earnings per Share |
(Net income-Preferred dividends)/Weighted average number of shares outstanding |
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Dividend payout ratio |
Dividends per common share/Diluted earnings per share |
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Dividend yield |
Dividends per common share/Market price per common share |
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Book value per share |
(Total stockholders' equity - Preferred stock)/Number of common shares outstanding |
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Debt/Equity |
Total liabilities/Common stockholders' equity |
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Debt ratio |
Total liabilities/Total assets |
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Times interest earned |
EBIT/Interest |
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Operating cash flow/Total debt |
Operating cash flow/Total debt |
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