Financial Statement Analysis of JSC Bayan -Sulu

firm’s ability to cover its current liabilities with its current

A firm’s ability to meet current liabilities with its most liquid assets.

account.

the firm is financed by debt.

assets, which are supported by debt financing.
Total Debt
Total Assets

see the ratio of long-term debt to long-term financing of

charges.

Year
Receivable Turnover
We can see how the firm can collect their

payments to suppliers by

management

company to use its assets to promote sales.

and firm pricing policies.

of the firm after accounting for all expenses and income

of assets of the company

to the shareholders of the firm

Sales profitability X
Asset efficiency
ROI = Net profit margin

Return On Equity = Net profit margin X Total asset turnover X Equity Multiplier

EP=685470/16176973=0.042(2010)
EP=0.05(2011)
EP=0.046(2012)
ROI=0,03591*0,889732=0.03
ROI=0,039295*0,897509=0.035
ROI=0,044036*0,869467=0.038

EM=1.68…….1.76…………1.73

ROE=0,03591*0,889732=0.03*1.68=0.05
ROE=0,039295*0,897509=0.035*1.76=0.06
ROE=0,044036*0,869467=0.038*1.73=0.07

in 2012 we can see that ratio did not change

- Inventories are too high.