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Interpretation of Financial Ratios of Adidas Company
Finance 2 Pages

Interpretation Of Financial Ratios Of Adidas Company

Question

Financial Ratios 

2013

2012

2011

2010

Current ratios

1.45

1.57

1.46

0.15

Quick ratios 

0.89

2.45

0.88

0.96

Solvency 

2013

2012

2011

2010

Debt/Equity

1.11

1.2

1.19

1.3

Debt/asset

1.69

1.7

0.9

1.8

Profitabilly 

2013

2012

2011

2010

Gross Profit Margin 

0.47

0.46

0.48

0.54

Return On Assests 

On Assets

0.07

0.08

0.1

0.01

Efficiency 

2013

2012

2011

2010

Acct Rec. Turnover

8.01

8.8

8.33

7.18

Days in Receivable 

51.14

76.72

43.84

50.84

Interpret what the ratios mean for the company.

Solution

Title: Interpretation Of Financial Ratios Of Adidas Company
Length: 2 pages (598 Words)
Style: APA

Preview

Interpretation of financial ratios of Adidas Company (2010-2013)

Liquidity ratios

             The liquidity of a venture refers to its ability to pay its debts as and when they fall due. Liquidity is measured with the help of two key ratios; current ratio and acid test ratio. With regards to the ratios calculated for Adidas Company; the current ratio has improved drastically from 0.15 in 2010 to 1.46 in 2011 and then 1.57 in 2012. Apart from a small dip in 2013 to 1.45.; the current ratio has been improving indicating the increasing ability of the firm to pay back its current liabilities. The acid test ratio measures the ability of the firm to meet its obligations using its most liquid assets such as cash in exception of stock.

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