Ratio Coursework

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 5

Dandy & Grandee Superstores Ltd

2019
Financial Analysis Report

Prepared by:
MCYM Limited
5 Oxford Road
Kingston 10
876-888-8888
We at MCYM Limited have compiled a Financial Report for Dandy & Grandee Superstores Ltd
based on financial data gathered through to April 30, 2019.

All our statement as been curtailed for company in order to ascertain the information needed to
compare your annual business performance to other comparable businesses and the Industry
Average. With this information, you will be able to determine the strengths and weaknesses of
your company and how competitive it is within the industry.

Please to take the time out to review the report carefully as it will aid in you understanding the
information being presented.

If you have any question, please free to call our office at 876-888-8888 at a suitable time of your
choosing. It has been an honor providing you with necessary services needed to aid in managing
a successful business.
Dandy & Grandee Superstores Ltd
Financial Position as at 30 April 2019
Two - Year Comparison
2019 2018 Variance

Assets
Non – Current Assets 1850 1430 420
Current Assets
Inventory 640 490 150
Receivables 1230 1080 150
Cash 80 1950 120 1690 260
Total Assets 3800 3120 980
Equity & Liabilities
Equity :
Ordinary Share Capital 800 800 0
Retained Earnings 1310 2110 930 1730 380
Non-Current Liabilities
10% Loan Stock 800 600 200
Current Liabilities
Bank Overdraft 110 80 30
Payables 750 690 60
Taxation 30 890 20 790 100
3800 3120 710
Dandy & Grandee Superstores Ltd
Statement of Income for Year Ended 30 April 2019
Two - Year Comparison

Particulars 2019 2018


$ $
Sales 11200 9750
Cost of Sales 8460 6825
Net Profit Before Tax 465 320
This is after Charging
Depreciation 360 280
Loan Interest 80 60
Interest on Bank overdraft 15 9
Audit fees 12 10
Dandy & Grandee Superstores Ltd Vs Industry Average
For 30 April 2018
One - Year Period
D&G Industry Average
30 April 2018 30 April 2018
ROCE (Capital Employed = Equity + Debenture) 16.70% 18.50%
Profit / Sales 3.90% 4.73%
Asset Turnover 4.29 3.91
Current Ratio 2.0 1.9
Quick Ratio 1.42 1.27
Gross Profit Margin 30.00% 35.23%
Accounts Receivable Collection Period 40 days 52 Days
Account Payable Payment Period 37 days 49 days
Inventory Turnover (Times) 13.90 18.30
Gearing 26.37% 32.71%

You might also like