A B C

Balance Sheet Percentages

Cash 1.5% 14.4% 12.1%
Receivables 4.6 3.8 30.9
Inventories 1.8 24.6 13.7
Other Current Assets 2.0 4.3 5.0
Property and Equipment (net) 74.5 49.6 34.1
Other Assets 15.6 3.4 4.3
Total Assets 100% 100% 100%

Notes payable 5.3% 0.4% 5.4%

Accounts Payable 2.1 24.8 11.0
Other Current Liabilities 5.9 17.0 14.2
Long-Term Debt 33.6 10.0 34.3
Other Liabilities 26.3 2.2 11.2
Owners Equity 26.8 45.6 23.9
Total 100% 100% 100%

Selected Ratios
Operating margin 10.3% 1.5% 5.1%
Return on capital 6.8% 9.2% 12.6%
Return on equity 12.5% 10.8% 28.1%
Asset turnover 0.32 3.25 1.31
Collection period (days) 52 4 86
Days of inventory 43 32 62
Sales/ Net property & equipment 0.43 6.7 3.8
Equity/ Total assets 0.27 0.46 0.24
Total liabilities/ Total assets 0.73 0.54 0.76
Interest-bearing debt/ total capital 59% 19% 62%
Times interest earned 3.2 16 6.0
Current assets/ current liabilities 0.67 1.11 2.01