Analyze Company's Performance Using Ratios - Guided Project Workbook
Analyze Company's Performance Using Ratios - Guided Project Workbook
Analyze Company's Performance Using Ratios - Guided Project Workbook
2018 2019
₹ 183,536.00 ₹ 187,463.00
₹ 57,604.00 ₹ 54,908.00
₹ 0.00 ₹ 0.00
₹ 28,938.00 ₹ 25,923.00
₹ 28,666.00 ₹ 28,985.00
₹ 80,186.00 ₹ 85,018.00
₹ 17,888.00 ₹ 17,941.00
₹ 45,745.00 ₹ 46,742.00
₹ 0.00 ₹ 0.00
₹ 1.00 ₹ 795.00
₹ 458,156.00 ₹ 488,071.00
₹ 101,175.00 ₹ 115,090.00
₹ 165,306.00 ₹ 247,528.00
₹ 107,675.00 ₹ 132,437.00
₹ 23,317.00 ₹ 23,247.00
₹ 41,296.00 ₹ 42,967.00
₹ 16,925.00 ₹ 16,162.00
₹ 81,776.00 ₹ 90,036.00
₹ 10,131.00 ₹ 13,106.00
₹ 0.00 ₹ 0.00
₹ 167,968.00 ₹ 167,924.00
₹ 23,607.00 ₹ 22,745.00
₹ 0.00 ₹ 0.00
₹ 661.00 ₹ 691.00
₹ 0.00 ₹ 0.00
₹ 89,757.00 ₹ 86,483.00
₹ 53,943.00 ₹ 58,005.00
₹ 341,039.00 ₹ 366,290.00
₹ 101,126.00 ₹ 111,927.00
₹ 100,727.00 ₹ 106,719.00
₹ 399.00 ₹ 5,208.00
₹ 5,030.00 ₹ 5,007.00
₹ 225.00 ₹ 1,870.00
₹ 66,690.00 ₹ 79,562.00
₹ 117,117.00 ₹ 121,781.00
₹ 0.00 ₹ 0.00
₹ 0.00 ₹ 0.00
₹ 1,283.00 ₹ 1,283.00
₹ 14,551.00 ₹ 14,551.00
₹ 91,105.00 ₹ 96,929.00
₹ 0.00 ₹ 0.00
₹ 0.00 ₹ 0.00
₹ 2.00 ₹ 60.00
₹ 10,180.00 ₹ 8,958.00
₹ 458,156.00 ₹ 488,071.00
501.3 501.3
0 0
2018 2019
₹ 7,064.00 ₹ 5,022.00
₹ 5,026.00 ₹ 3,579.00
₹ 5,113.00 ₹ 6,017.00
₹ 0.00 ₹ 0.00
₹ 559.00 ₹ 312.00
₹ 5,957.00 ₹ 2,882.00
₹ 0.00 ₹ 0.00
₹ 0.00 ₹ 0.00
₹ 1,972.00 ₹ 3,389.00
₹ 136.00 ₹ 199.00
₹ 1,506.00 ₹ 3,402.00
₹ 7,363.00 ₹ 7,284.00
₹ 7,777.00 ₹ 6,902.00
₹ 414.00 ₹ 382.00
₹ 4,296.00 ₹ 4,790.00
₹ 111.00 ₹ 166.00
₹ 2,630.00 ₹ 2,366.00
₹ 0.00 ₹ 0.00
₹ 7,037.00 ₹ 7,322.00
₹ 19.00 ₹ 28.00
₹ 1,940.00 ₹ 1,057.00
₹ 7,880.00 ₹ 9,039.00
₹ 9,039.00 ₹ 10,979.00
₹ 1,139.00 ₹ 2,751.00
0 -141.53%
0 -5.81%
Volkswagen Income Statement
*Figures except share rates in millions of Euros
Year 2016 2017
Total Revenue ₹ 217,267.00 ₹ 229,550.00
Revenue ₹ 217,267.00 ₹ 229,550.00
Other Revenue, Total ₹ 0.00 ₹ 0.00
Cost of Revenue, Total ₹ 174,901.00 ₹ 184,816.00
Gross Profit ₹ 42,366.00 ₹ 44,734.00
Total Operating Expenses ₹ 210,164.00 ₹ 215,732.00
Selling/General/Admin. Expenses, Total ₹ 30,976.00 ₹ 29,592.00
Research & Development ₹ 0.00 ₹ 0.00
Depreciation / Amortization ₹ 0.00 ₹ 0.00
Interest Expense (Income) - Net Operating ₹ 1,446.00 ₹ 339.00
Unusual Expense (Income) ₹ 1,150.00 ₹ 1,148.00
Other Operating Expenses, Total ₹ 1,691.00 ₹ 515.00
Operating Income ₹ 7,103.00 ₹ 13,818.00
Interest Income (Expense), Net Non-Operating ₹ 1,338.00 ₹ 1,442.00
Gain (Loss) on Sale of Assets ₹ 0.00 ₹ 0.00
Other, Net ₹ 1,149.00 ₹ 1,587.00
Net Income Before Taxes ₹ 7,292.00 ₹ 13,673.00
Provision for Income Taxes ₹ 1,912.00 ₹ 2,210.00
Net Income After Taxes ₹ 5,380.00 ₹ 11,463.00
Minority Interest ₹ 10.00 ₹ 10.00
Equity In Affiliates ₹ 0.00 ₹ 0.00
U.S GAAP Adjustment ₹ 0.00 ₹ 0.00
Net Income Before Extraordinary Items ₹ 5,370.00 ₹ 11,453.00
Total Extraordinary Items ₹ 0.00 ₹ 0.00
Net Income ₹ 5,370.00 ₹ 11,453.00
Total Adjustments to Net Income ₹ 226.00 ₹ 274.00
Income Available to Common Excluding Extraordinary Items ₹ 5,144.00 ₹ 11,179.00
Dilution Adjustment ₹ 0.00 ₹ 0.00
Diluted Net Income ₹ 5,144.00 ₹ 11,179.00
Diluted Weighted Average Shares 501.3 501.3
Diluted EPS Excluding Extraordinary Items 10.26 22.30
DPS - Common Stock Primary Issue 2.06 3.96
Diluted Normalized EPS 25.88 34.22
BMW Volkswagen
2018 2019
₹ 84,736.00 ₹ 90,630.00
₹ 17,654.00 ₹ 17,991.00 Return on Sales
₹ 0.00 ₹ 0.00 12.00%
₹ 10,979.00 ₹ 12,036.00
₹ 6,675.00 ₹ 5,955.00 10.00%
₹ 42,624.00 ₹ 45,134.00
8.00%
₹ 41,246.00 ₹ 43,925.00
₹ 14,248.00 ₹ 15,891.00 6.00%
4.00%
2.00%
10.00%
8.00%
6.00%
₹ 0.00 ₹ 0.00
4.00%
₹ 10,210.00 ₹ 11,614.00
₹ 208,938.00 ₹ 228,034.00 2.00%
₹ 58,060.00 ₹ 65,854.00
₹ 101,155.00 ₹ 110,615.00 0.00%
2016 2017 2018 2019
₹ 43,095.00 ₹ 44,761.00
₹ 380.00 ₹ 380.00 BMW Volkswagen
₹ 10,591.00 ₹ 11,349.00
₹ 4,373.00 ₹ 5,272.00
₹ 48,313.00 ₹ 51,030.00 Gross Margin
₹ 2,485.00 ₹ 3,519.00 21.00%
₹ 0.00 ₹ 0.00
₹ 71,411.00 ₹ 82,625.00 20.00%
₹ 9,669.00 ₹ 10,182.00
19.00%
₹ 0.00 ₹ 0.00
₹ 4,331.00 ₹ 2,359.00 18.00%
₹ 2,480.00 ₹ 2,615.00
17.00%
₹ 35,699.00 ₹ 42,329.00
₹ 23,563.00 ₹ 27,499.00 16.00%
₹ 151,638.00 ₹ 168,710.00
₹ 63,743.00 ₹ 69,700.00 15.00%
2016 2017 2018 2019
₹ 63,734.00 ₹ 67,349.00
₹ 9.00 ₹ 2,351.00 BMW Volkswagen
₹ 1,773.00 ₹ 632.00
₹ 529.00 ₹ 583.00
₹ 14,182.00 ₹ 15,170.00 Current Ratio
₹ 57,300.00 ₹ 59,324.00 1.40
₹ 0.00 ₹ 0.00
1.20
₹ 0.00 ₹ 0.00
₹ 658.00 ₹ 659.00 1.00
₹ 2,047.00 ₹ 2,084.00 0.80
₹ 57,980.00 ₹ 59,828.00
₹ 0.00 ₹ 0.00 0.60
Quick Ratio
2018 2019 1.20
₹ 15,643.00 ₹ 18,356.00
₹ 7,272.00 ₹ 17,984.00 1.00
₹ 18,723.00 ₹ 20,474.00
0.80
₹ 3,668.00 ₹ 3,665.00
₹ 0.00 ₹ 0.00 0.60
0.40
0.20
1.00
0.80
0.60
₹ 97.00 ₹ 1,672.00
0.40
₹ 0.00 ₹ 0.00
₹ 0.00 ₹ 0.00 0.20
₹ 3,804.00 ₹ 2,914.00
₹ 0.00 ₹ 0.00 0.00
2016 2017 2018 2019
₹ 30,859.00 ₹ 26,183.00
₹ 21,590.00 ₹ 21,146.00 BMW Volkswagen
₹ 13,729.00 ₹ 14,230.00
₹ 7,861.00 ₹ 6,916.00
₹ 24,566.00 ₹ 865.00
₹ 27.00 ₹ 1,368.00
₹ 2,375.00 ₹ 2,899.00
₹ 1,491.00 ₹ 0.00
₹ 25,477.00 ₹ 666.00
₹ 173.00 ₹ 243.00
₹ 10,075.00 ₹ 3,784.00
₹ 19,253.00 ₹ 18,863.00
₹ 18,457.00 ₹ 28,938.00
₹ 14,238.00 ₹ 6,457.00
0 54.65%
0 -8.58%
Company Performance Ratios
2019 Average 2016 2017 2018
Activity Ratios
Current Liabilities+Total Equity)% Asset Turnover Ratio =Revenue/(Non-Current Liabilities+Total Equity)
2.31% 3.30% BMW 0.41 0.38 0.33
11.66% 9.68% Volkswagen 0.94 0.88 0.81
BMW Volkswagen
Receivables Days
80
70
60
50
Receivables Days
80
70
60
50
2018 2019 40
30
20
10
0
2016 2017 2018 2019
BMW Volkswagen
Inventory Days
250
200
100
50
0
2016 2017 2018 2019
BMW Volkswagen
Payables Days
120
100
2018 2019
80
60
40
20
0
2016 2017 2018 2019
BMW Volkswagen
Debt-Equity Ratio
180.00%
2018 2019 160.00%
140.00%
120.00%
100.00%
80.00%
60.00%
40.00%
20.00%
0.00%
2016 2017 2018 2019
BMW Volkswagen
Interest Cover
800.00
700.00
600.00
500.00
400.00
300.00
200.00
100.00
0.00
2016 2017 2018 2019
BMW Volkswagen
2019 Average
Accounting Period Cycle =Receivables Days + Inventory Days + Payables Days
Liabilities+Total Equity) BMW 346 345 390 357
0.33 0.36 Volkswagen 99 101 110 110
0.79 0.85
18 19 50
0
1 2 3 4
162.89% 150.43%
145.11% 142.89%
224.58 350.05
7.68 17.96
018 2019
018 2019
018 2019
018 2019
2018 2019
2018 2019
+ Payables Days
360
105