Financial Analysis Of Cory's Tequila Co.

425 Words2 Pages

TOTAL ASSETS TURNOVER RATIO

This ratio is useful to determine the amount of sales that are generated from each dollar of assets. As noted above, companies with low profit margins tend to have high asset turnover, those with high profit margins have low asset turnover. Cory's Tequila Co.'s asset turnover seems to be relatively low, meaning that it makes a high profit margin on its products. For companies in the retail industry you would expect a very high turnover ratio - mainly because of cutthroat and competitive pricing.

Total assets turnover ratio = Net Sales Total Assets

(Rs. In lacs)

YEAR SALES Total Assets Total assets turnover ratio
2013-14 …show more content…

It does this by comparing the company's total debt (including short term and long term obligations) and dividing it by the amount of owner's equity .For now; you only need to know that the number can be found at the bottom of the balance sheet. Actually calculate the debt to equity ratio in segment two when we look at real balance sheets.)

Debt Equity Ratio

YEAR Total Liabilities Shareholders’ Equity Debt equity Ratio
2013-14 6,569,079 5,743,769 1.14
2012-13 5,405,029 4,769,943 1.13
2011-12 534,535,780 482,920,711 1.11
2010-11 465,231,579 402,932,256 1.15
2009-10 377,309,871 338,683,322 1.11
(Rs. In

More about Financial Analysis Of Cory's Tequila Co.