Performance of the company across both years

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Reference no: EM133115807

Problem:

Ratio

2019

2020

Return on Capital Employed ROCE (%)

15.35%

20%

Inventory Turnover (stock days)

90 Days

108 days

Debtor ratio (debtors' days)

21.5 Days

21 days

Creditor ratio (creditor days)

81.2 Days

86 days

Current Ratio

1.55

1.8

Quick Ratio

1.24

1.5

Debit/Equity Ratio

28.90%

25.50%

Interest Cover

21.24 Times

64 times

Return on Equity

15.40%

20%

10. Price Earnings Ratio (P/E Ratio)

12.15 Times

12.4 times

Using the 2019 ratios and the 2020 ratios calculated, write a brief report which compares the performance of the company across both years.

Reference no: EM133115807

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