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Quick Assets
Current Assets
Less Inventory
Quick Liabilities
Current Liabilities
Cash
Bank Balance
Marketable Securities
Total
Current Liabilities
Leverage Ratios
Turnover Ratios
7 Stock Turnover Ratio Cost of Goods Sold/Average Stock
Property, plant and equipment
Capital work-in-progress
Goodwill
Other intangible asset
Less Depreciation
Average stock
Profitability Ratio
15 ROCE NPAT/CE*100
CE = Fixed Assets + Working Capital
NPAT
16 Return On Equity NPAT/Equity*100
NPAT
Equity
104,083.40 112,480.90
39,712.60 43,145.60
64,370.80 69,335.30
67,364.60 63,599.00
734 757.2
23.7 25.3
0 0
757.7 782.5
67,364.60 63,599.00
0.4 0.29
113506.2 130255.6
585.9 585.9
112,920.30 129,669.70
16.42935679 27.88793396
19,646.20 23,777.00
1,273.30 884.3
20,919.50 24,661.30
3.15 3.25
15,297.30 18,727.40
1,273.30 884.3
4,130.30 4,704.80
7845.014 7253.807
3.09 3.07
56,936.50 64,948.10
13,419.40 16,218.20
8,325.10 9,159.40
19,486.90 19,857.20
4,130.30 4,704.80
94,037.60 105,478.10
30,432.88 34,357.68
118.1229773 118.8925081
2.27875965 2.231193336
160.17 163.59
21.12679837 18.34575174
119,226.30 129,176.50
94037.6 105478.1
25,188.70 23,698.40
16.47807573 18.40659872
12.83047448 14.49752858
19,646.20 23,777.00
15,297.30 18,727.40
119,226.30 129,176.50
0.018199614
7.830886475 10.32340502
195,345.70 181,407.20
15,297.30 18,727.40
19.25 19.87
794.66 942.496
15,297.30 18,727.40
13.47706116 14.37742408
15,297.30 18,727.40
113506.2 130255.6
31.96 26.11
Aurobindo Pharma 2018-19 / 2019-20
Analysis
The current ratio for both the years is lower than the ideal
ratio of 2:1 but higher than the one accepted by financial
institutions i.e 1.33:1. This is due to the increase in
inventories, investments, trade receivables and a great
increase in other financial assets. There is also a great
decrease in other financial liabilities and borrowings.
Statement of Ratios
2018-19 2019-20
SHORT TERM LIQUIDITY RATIOS
1 Current Ratio 1.55 1.77
2 Quick ratio 0.96 1.09
3 Super Quick Ratio 0.01 0.01
LEVERAGE RATIOS
4 Debt-Equity Ratio 0.4 0.29
5 Interest Coverage Ratio 16.4293568 27.887934
6 Debt Service Coverage Ratio 2.25 times 1.61 times
TURNOVER RATIOS
7 Stock Turnover Ratio 3.09 3.07
8 Stock Holding Period 118.122977 118.892508
9 Debtors Turnover Ratio 2.27875965 2.23119334
10 Average Collection Period 160.174857 163.589589
PROFITABILITY RATIOS
11 Gross Profit Ratio 21.1267984 18.3457517
12 Net Profit Ratio 16.4780757 18.4065987