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Financial Statement Analysis: Du pont chart

ASIAN PAINTS Sales Raw Material Other Expenses PBIT Interest PBT Tax PAT 2005 2,361.28 1,189.70 889.50 282.08 2.70 279.38 99.00 180.38 2004 1,980.86 950.00 788.34 242.52 5.30 237.22 88.00 149.22 2005 2004

Retrun on Networth 48.85 44.63 Impact of leverage 8.19 8.37 Return on Investment 41.14 37.25 Leverage or financial risk 0.20 0.22

SH Fund Loan Total Liabilities Net Block Other Assets Inventory Receivables Cash Other CA Less: C.L. Total Assets Current assets Cost of debt

571.92 113.80 685.72 312.00 0.00 331.00 168.00 21.00 338.30 484.00 686.30 858.30

531.54 119.47 651.01 340.54 0.00 211.49 146.00 24.50 325.37 396.00 651.90 707.36

Asset Turnover Ratio 3.44 3.04

Profit Margin 11.95

Fixed Asset TO 7.57 5.82 Current Ratio 1.77 1.79

Current Asset TO 2.75 2.80 Inventory TO 7.13 9.37 Debtors TO 14.06 13.57 Collection Days 26 27

Raw Material to Sales 50.38 Converstion cost to sales 37.67 Interest to Sales 0.11

Note: Profit includes income arising from unconsolidated companies Investment in Unconsolidated companies Income Return Investment in Consolidated Income

Return

Profit Margin 12.24

aw Material to Sales 47.96

nverstion cost to sales 39.80 Interest to Sales 0.27

Financial Statement Analysis: Du pont chart


Retrun on Networth

Impact of leverage

Leverage or financial risk

Return on Investment

Asset Turnover Ratio (ATO)

Profit Margin

Fixed Asset TO

Current Asset TO

Raw Material to sales

Current ratio

Inventorry TO

Conversion cost to sales

Debtors TO

Interest on Sales

Financial Statement Analysis: Du pont chart


Retrun on Networth PBT / Networth Impact of leverage (ROI - Kd) * Devt / Equity Return on Investment PBIT / Total assets Asset Turnover Ratio (ATO) Sales / Total Assets Profit Margin Profit / Sales Leverage or financial risk Debt/Networth

Fixed Asset TO Sales / Fixed Assets Current ratio CA/CL

Current Asset TO Sales / Current Assets Inventorry TO Sales / Inventory Debtors TO Sales / Debtors

Raw Material to sales Raw Material / Sales Conversion cost to sales Operating expenses / Sales Interest on Sales Interest / Sales

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