Current Ratio – As shown in the ratio analysis, percentage decreased in current ratio is 4.9%.

This is
because inventories of the company decreased through the year. Thus, the result of the decrease will
affect the ability of the company to meet its short-term obligation.

Quick Ratio – Helix Corp. quick ratio indicates deterioration between the year 2015 to 2016. This trend
revealed that in rising short-term debts which resulted in a decrease of quick ratio by 1.5%.

Inventory Turnover – The inventory turnover of Helix Corp. was 47.48 times in 2016, an improvement
over 2015’s 36 times. Generally, a high turnover is preferred because it is a sign of efficient inventory
management and profit for the firm. But it could also mean under investment in inventory and lost orders.

Day Sales Outstanding – The Day sales outstanding of Helix Corp was 8 days compared to last year’s
ratio of 11 days which means that there is an improvement in selling the entity’s inventories. This is an
evidence of efficiency in managing the inventories in 2016.

Fixed Asset Turnover – The fixed asset turnover is another approach to assess management effectiveness
in generating sales from investment in fixed assets. For Helix Corp. improves because of the increased in
sales over the year.

Total Asset Turnover – The total asset turnover of Helix Corp. has improved from 8.73 times in 2015 to
9.78 times in 2016. This means that the management can generate more sales and earn more profit for the
company. For the Helix Corp. the total asset turnover has improved primarily because of the improvement
in sales.

Debt Ratio – Helix’s debt ratios (17.69%) in 2016 is higher compared to 2015’s ratio of 16.67%. This
indicates that the company used more debt in 2016. Generally, the higher proportion of debt, the greater
the risk because creditor must be satisfied before owners in the event of bankruptcy.

Times Interest Earned – None

Return on Equity (ROE) – This ratio measures the overall efficiency of the company managing
investment by the owners. Helix’s ROE in 2016 of 18.14% is slightly higher compared to 18.11% in
2015. The return on equity improved primarily because of increase in sales.
Return on Assets (ROA) – This ratio measures the overall efficiency of the company in managing total
investment of assets. For Helix’s ROA in 2016 of 14.97% is lower than 15.10% in 2015. This ratio
indicates that the company earned less profit to the level of investment in total assets for the year 2016.

Profit Margin – Helix’s net profit margin of 1.7% slightly decreased despite of decreased in operating
expense. This ratio indicates the profitability of the company after considering all revenue and expenses.

Earnings Per Share (EPS) – Helix’s EPS has improved from 55.24 pesos in 2015 to 67.60 pesos in 2016.
This means that the company has ability to pay dividends to its shareholders.

Strength

1. High liquidity ratio

2. Efficient in managing inventory
3. High peso return on each ordinary share
4. Efficient in managing all its assets
Weaknesses
1. Poor investment in long-term assets.
2. Ineffective collection of accounts receivable
3. Under leverage
4. Ineffective in controlling operating expenses