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San Miguel Corp Financial Ratios 2021-2020

San Miguel Corporation's liquidity, efficiency, solvency, and profitability ratios are presented for 2020 and 2021. The company's current ratio decreased from 5.48 in 2020 to 2.29 in 2021, while its quick ratio decreased from 5.35 to 2.22 over the same period. The debt ratio increased slightly from 0.33 to 0.39 from 2020 to 2021, while the debt-to-equity ratio rose more sharply from 0.49 to 0.64. Most profitability ratios such as return on equity, return on assets, and net profit margin declined significantly between the two years.

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127 views3 pages

San Miguel Corp Financial Ratios 2021-2020

San Miguel Corporation's liquidity, efficiency, solvency, and profitability ratios are presented for 2020 and 2021. The company's current ratio decreased from 5.48 in 2020 to 2.29 in 2021, while its quick ratio decreased from 5.35 to 2.22 over the same period. The debt ratio increased slightly from 0.33 to 0.39 from 2020 to 2021, while the debt-to-equity ratio rose more sharply from 0.49 to 0.64. Most profitability ratios such as return on equity, return on assets, and net profit margin declined significantly between the two years.

Uploaded by

Dianna Esmeray
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

SAN MIGUEL CORPORATION

LIQUIDITY RATIO
DECEMBER 31, 2021 AND 2020

CURRENT RATIO FOR YEAR 2020 AND 2021


FORMULA 2021 2020

193,487 229.789
CURRENT ASSETS = =
= 84,556 41,948
CURRENT LIABILITIES
= 2.29 = 5.48

QUICK RATIO FOR YEAR 2020 AND 2021


FORMULA 2021 2020

193,487−5,655 229.789−5,411
= =
= 84,556 41,948
CURRENT ASSETS −(PREPAID EXPENSE + INVENTORY ) 187,832 22 4,378
= =
CURRENT LIABILITIES 84,556 41,948
= 2.22 = 5.35

SAN MIGUEL CORPORATION


EFFICIENCY RATIO
DECEMBER 31, 2021 AND 2020

ACCOUNTS RECEIVABLE TURNOVER FOR YEAR 2020 AND 2021


FORMULA 2020 & 2021

20,362
= 91,323+88,562
( )
2
REVENUE 20,362
= ACCOUNT RECEIVABLES = ( 179,885 )
( ) 2
2
20,362
= 89,942.5
= 0.23

AVERAGE COLLECTION PERIOD FOR YEAR 2020 AND 2021


FORMULA 2020 & 2021
NO . OF BUSINESS DAYS
= 365
ACCOUNTS RECEIVABLE TURNOVER =
0.23
= 1,587 days

SAN MIGUEL CORPORATION


SOLVENCY/LEVERAGE/DEBT RATIO
DECEMBER 31, 2021 AND 2020

DEBT RATIO FOR YEAR 2020 AND 2021


FORMULA 2021 2020

366,802 305,585
TOTAL LIABILITIES = =
= 941,763 924,465
TOTAL ASSETS
= 0.39 = 0.33

DEBT-TO-EQUITY RATIO FOR YEAR 2020 AND 2021


FORMULA 2021 2020

366,802
TOTAL LIABILITIES = 305,585
= 574,961 =
TOTAL EQUITY 618,880
= 0.64
= 0.49
TIMES INTEREST EARNED RATIO FOR YEAR 2020 AND 2021
FORMULA 2021 2020

13,972 20,392
NET PROFIT BEFORE INTEREST = =
= 10755 12,618
INTEREST EXPENSE
= 1.30 = 1.62

SAN MIGUEL CORPORATION


PROFITABILITY RATIO
DECEMBER 31, 2021 AND 2020

RETURN ON EQUITY (ROE) FOR YEAR 2020 AND 2021


FORMULA 2020 & 2021
NET INCOME
= 1,194
AVERAGE TOTAL EQUITY ∗100
= 574,961+ 618880
( )
2
1,194
∗100
= 1,193,841
( )
2
1,194
= 596,920.50 ∗100
= 0.20%

RETURN ON ASSETS (ROA) FOR YEAR 2020 AND 2021

FORMULA 2020 & 2021

1,194
∗100
= 941,763+924,465
( )
2
1,194
NET INCOME ∗100
= = 1 ,866,228
AVERAGE TOTAL ASSETS ( )
2
1,194
= 933,114 ∗100
= 0.13%
GROSS PROFIT RATE FOR YEAR 2020 AND 2021
FORMULA 2021 2020

16,362 18,480
GROSS PROFIT = ∗100 = ∗100
= 20,362 23,750
REVENUE
= 80.36% = 77.81%
OPERATING RATIO FOR YEAR 2020 AND 2021
FORMULA 2021 2020

17,145 15 , 976
COST OF SALES + EXPENSES = ∗100 = ∗100
= 20,362 23,750
REVENUE
= 84.20% = 67.27%
NET PROFIT MARGIN FOR YEAR 2020 AND 2021
FORMULA 2021 2020

1,194 6,958
NET INCOME = ∗100 = ∗100
= 20,362 23,750
REVENUE
= 5.86% = 29.30%

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