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CFA - FSA Ratios
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Current Ratio
Current Assets / Current Liabilities
Quick Ratio
(Cash + Marketable Securities + Receivables) / Current Liabilities
Cash Ratio
(Cash + Short-Term Marketable Securities)/Current Liabilities
Receivables Turnover
Net annual sales / Average receivables
Average Receivables Collection Period
365 / Receivables Turnover
Inventory Turnover
Cost of Goods Sold / Average Inventory
Average Inventory Processing Period
356 / Inventory Turnover
Payables Turnover
Cost of Goods Sold / Average Payables
Average Payables Payment Period
365 / Payables Turnover
Total Asset Turnover
Net Sales / Average total net assets
Fixed Asset Turnover
net sales / average net fixed assets
equity turnover
net sales / average equity
Gross Profit Margin
gross profit / net sales
Operating Profit Margin
Operating profit / net sales
or
EBIT / net sales
Net Profit Margin
Net Income / Net Sales
Return on Assets
Net Income / Average Total Assets
Return on total invested capital
(Net income + interest expense) / (Interest bearing debt + shareholder's equity)
Return on Total Equity
net income / average total equity
interest burden rate
Interest expense / total assets
Tax Retention Rate
1 - (dividends declared / operating income after taxes)
Financial Leverage Ratio
Total Assets / Total Equity
LT Debt to Equity Ratio
Total LT Debt / Total Equity
Debt to Equity Ratio
Total Debt / Total Equity
Debt to Capital ratio
(ST Debt + LT Debt) / (ST Debt + LT Debt + Total Equity)
Interest Coverage
EBIT / Interest Expense
Payout Ratio
Dividends Paid / Net Income
Retention Ratio (b)
1 - Payout Ratio
EPS
(Net Income - Preferred dividends) / Total # of common shares outstanding
Book Value per Share
Common Stockholder's equity / Total # of common shares outstanding
Author
SpeedRacer
ID
12427
Card Set
CFA - FSA Ratios
Description
CFA Level 2
Updated
2010-03-30T01:11:07Z
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