My company is Sunoco LP.

It is one of the largest independent fuel distributors in

the United States, providing motor fuel to convenience stores, independent
dealers, commercial customers and distributors in more than 33 states and
growing. It has an annual net income of235 million dollars in 2019. From the
ratios it is show that Sunoco LP has not used its assets more efficiently in 2019
than 2018 because the companies return on asset ratio increased in 2018. The
company has also made better profit in 2018 than 2019. as it is shown in the table
that the profit margin ratio is higher in 2018 than in 2019. The last ratio is the
return on equity ratio and in this ratio, it can be seen that the company has done
well in 2019 as the percentage is higher than it is in 2018. receivable turnover
ratios are in 2018 it was 1.96 times and in 2019 it was 1.56 times so the company
had better time period to collect their receivables in 2018. Average collection
period of the receivables is better in 2018 which is 185.84 days rather than 2019
which is 233.52 days. Both the current and quick ratio is showing that the
company is less capable to repay their short-term loans and other short-term
debts in 2018 rather than 2019 as the liquidity has been decreased in 2019 that in
quick ratio it decreased from 576.19% to 382.86% that is almost about 193.33 The
debt to total assets ratio is satisfying for the company in 2019 as it has increased
up to 73.64% from 2018 that means the company’s cash flow has increased in
2019% increase. And in current ratio it decreased from 607.06% to 382.86% that
is almost 193.33%. That’s all thank you!