RATIOS FORMULA COVENANTS

INTEREST COVER EBIT/(INTEREST PAYMENTS OF LOAN+ALL PRIOR LOAN STOCK) 3X TO 4X

INTEREST PRIORITY 1/INTEREST COVER
ASSET COVER (TOTAL ASSETS-CL-INTANGIBLE ASSETS)\LOAN CAPITAL+RANKING DEBT 2XTO 2X
ASSET PRIORITY 1/ASSET COVER
ASSET GEARING BORROWINGS(PREF SHARES+LONG TERM LOAN, DEB, ETC)\(BORROWINGS+EQUITY) <40%
SHAREHOLDERS EQUITY (SHAREHOLDERS EQUITY-INTANGIBLES)/(TA-CL-INTANGIBLES)
INTEREST GEARING (INTEREST ON BORROWINGS)+PREF DIVIDENDS\(1-CORPORATION TAX)\PBIT

EPS PAFESH(OR PAT-PREF DIVIDEND)/NUMBER OF SHARES

(i) BEPS PAFESH(OR PAT-PREF DIVIDEND-MINORITY INTEREST,ETC)/WAOES(EQUITY NUMBER OF SHARES)
(ii) DEPS (PAFESH+INT EARNED)/NUMBER OF SHARES(ISSUED+POTENTIAL EQUITY SHARES,EX-CON DEBN,P SHARES,ESOP)
PRICE EARNING MARKET PRICE OF ORDINARY SHARES/EPS
DIV YIELD DIV PER SHARE/MARKET PRICE OF AN ORDINARY SHARE
DIV COVER EPS\DIV PER SHARE
PAYOUT RATIO 1\DIVDEND COVER
NAVPS ORDINARY SAHREHOLDES EQUITY-INTANGIBLE ASSSETS\NUMBER OF ISSUED ORDINARY SHARES

ROCE/ROI (PBIT+INTEREST)\SHARE CAPITAL+ RESERVES+LONG TERM DEBT

ASSET UTILISATION TURNOVER OR SALES\SHARE CAPITAL+ RESERVES+LONG TERM DEBT
PROFIT MARGIN PROFIT BEFORE TAX AND INT\TURNOVER OR SALES

CURRENT RATIO CURRENT ASSETS\CURRENT LIABILITIES 2:01

QUICK RATIO CURRENT ASSETS-INVENTORIES\CURRENT LIABILITIES 1:01

INVENTORY TURNOVER PERIOD INVENTORIES\COST OF SALES

TRADE RECIEVABLE TURNOVER PER. TRADE RECIEVABLES\CREDIT SALES OR SALES(IF SALES CANT BE BROKEN DOWN)
TRADE PAYABLE TURNOVER PER. TRADE PAYABLES\CREDIT PURCHASES