Financial Data

2019  2018  2017 

Statement of Financial
Position (MB.) (01/01/19  (01/01/18  (01/01/17 
-31/12/19)  -31/12/18)  -31/12/17) 
Cash 49,405.10 20,671.76 18,226.74
A/R Net 37,395.53 55,188.37 49,439.13
Inventories 7,273.56 7,448.86 16,849.08
Current Assets 134,449.40 124,692.50 117,811.53
PP&E Net 228,962.45 205,811.95 175,462.31
Total Assets 523,992.74 495,568.69 465,310.94
Overdraft (OD) 16,662.57 84,908.79 46,752.38
A/P Net 65,935.24 66,315.36 67,540.23
Current portion of LT 18,037.02 2,361.28 30,777.81
Current Liabilities 151,150.23 204,260.37 197,913.20
Non-Current Liabilities 246,823.37 157,424.81 133,194.99
Total Liabilities 397,973.60 361,685.18 331,108.18
Authorized Capital 133,474.62 133,472.78 133,474.62
Paid-Up Capital 133,472.78 133,472.78 133,472.78
Premium (Discount) on
26,384.07 26,384.07 26,384.07
Share Capital
Other Surplus (Deficit) -1,895.34 -1,654.77 -1,650.32
Retained Earnings (Deficit) -32,590.71 -24,920.11 -24,682.53
Treasury Stock - - -
Shareholders' Equity 125,367.94 133,290.84 133,533.20
Minority Interest 651.2 592.67 669.55
more

2019  2018  2017 

Statement of
Comprehensive Income
(MB.) (01/01/19  (01/01/18  (01/01/17 
-31/12/19)  -31/12/18)  -31/12/17) 
Sales 140,943.49 161,820.31 141,290.46
Other Income 9,703.63 11,916.12 3,158.53
Total Revenues 157,534.52 177,525.69 147,602.80
COGs 107,410.73 105,779.53 102,096.02
SG&A 26,216.52 33,753.26 31,475.04
Total Expenses 140,250.22 157,081.19 135,676.94
EBITDA 46,628.71 57,117.04 48,192.41
Depre. & Amor. 29,344.41 36,672.54 36,266.56
EBIT 17,284.30 20,444.50 11,925.85
Net Profit 5,636.74 7,034.59 2,322.53
EPS (B.) 0.17 0.21 0.07
Price per share 4.6 5.2 6.2
Market Capitalization 414,260.94 453,295.76 509,311.08
 2019  2018  2017 

(01/01/19  (01/01/18  (01/01/17 

-31/12/19)  -31/12/18)  -31/12/17) 
Liquidity Ratios
Curent Ratio 0.89 0.61 0.60
Quick Ratio 0.84 0.57 0.51
Cash Ratio 0.33 0.10 0.09
Leverage Ratios
Total debt ratio 0.76 0.73 0.71
D/E ratio 3.17 2.71 2.48
Equity Multiplier 4.18 3.72 3.48
Long term Debt Rati 0.66 0.54 0.50
Asset utilization Ratios
Inventory turnover 14.77 14.20 6.06
Day sales in invento 24.72 25.70 60.24
Receivable turnover 3.77 2.93 2.86
Day sales in receivab 96.84 124.48 127.72

Profitability Ratio
PM 4.00% 4.35% 1.64%
ROE 4.50% 5.28% 1.74%
ROA 1.08% 1.42% 0.50%
Market Value Ratio
Tobin's Q 1.55 1.64 1.81
 ROSENGARTEN CORPORATION ROSENGARTEN CO
Income Statement Pro Forma Incom
Sales 1000 Sales (projected)
Costs 800 Costs (80% of sales)
Taxable income 200 Taxable income
Taxes (34%) 68 Taxes (34%)
Net income 132 Net income
Dividends 44
Addition to retained earnings 88 Projected dividends paid
Projected addition to ret

Dividend payout ratio 33.33%

Retention (plowback) ratio 66.67%
 ROSENGARTEN CORPORATION
Pro Forma Income Statement
Sales (projected) 1250
Costs (80% of sales) 1000
Taxable income 250
Taxes (34%) 85
Net income 165

Projected dividends paid to shareholders 55

Projected addition to retained earnings 110
 ROSENGARTEN CORPORATION
Balance Sheet
Assets Liabilities and Owners’
$ Percentage
Current assets of Sales Current liabilities
Cash 160 16% Accounts payable
Accounts receivable 440 44% Notes payable
Inventory 600 60% Total
Total 1200 120% Long-term debt
Fixed assets Owner's
Common equity
stock
Net plant and equipment 1800 180% and paid-in
surplus
Retained earnings
Total
Total assets 3000 300% Total liabilities and owners’ equity

ROSENGARTEN CORPORATION
Partial Pro Forma Balance Sheet
Assets Liabilities and Owners’
Next Year Change from
Current assets current year Current liabilities
Cash 200 40 Accounts payable
Accounts receivable 550 110 Notes payable
Inventory 750 150 Total
Total 1500 300 Long-term debt
Fixed assets Owner's
Common equity
stock
Net plant and equipment 2250 450 and paid-in
surplus
Retained earnings
Total
Total assets 3750 750 Total liabilities and owners’ equity
External financing needed
ON

Liabilities and Owners’ Equity

$ Percentage
of Sales
ounts payable 300 30%
100 n/a
$400 n/a
$800 n/a

$800 n/a

ained earnings 1,000 n/a

$1,800 n/a
bilities and owners’ equity $3,000 n/a

ON

Liabilities and Owners’ Equity

$ Percentage
of Sales
ounts payable 375 75
100 0
$475 75
$800 0

$800 0

ained earnings 1,110 110

$1,910 110
bilities and owners’ equity $3,185 185
financing needed $565 565