2021 2020 2019

Current ratio 1.21 1.45 1.94

Quick ratio 0.91 1.16 1.49
Inventory
turnover ratio

Return on assets
P E RATIO 46.62 48.81 64.39

Current ratio-Over a period of 3 years, current ratios has decreased from 1.94 to 1.21,
which indicates that short term liquidity and solvency has worsened.
A current ratio greater than one (like in this case) indicates that the company has the
financial resources to remain solvent in the short-term time frame.

Quick ratio- ratio has declined from 1.49 to 0.91 which means  it means that a
company's current assets are highly dependent on inventory.

Over the period of 3 years, inventory turnover ratios increased and then decreased for 2020-
2021(during covid) in 2019, the liquidity is good. A low ratio signifies that inventory didn’t sell fast
and stayed on the shelf or in the warehouse for a long time.

Average holding period =1÷12.49×365=29 days in 2021

Average holding period=1÷17.34×365=21 days in 2020
Average holding period=1÷14.58×365=25 days in 2019

Return on assets-over a period of 3 years, ROA rose from 19.85 to 23.73 over time
indicates the company is doing a good job of increasing its profits with each investment
rupee it spends

Return on equity- A high ROE suggests that a company’s management team

is more efficient when it comes to utilizing investment financing to grow their
business and may provide better returns to investors.
Over a period of 3 years, basic EPS has increased from 46.71 to 73.12. which indicates greater
value because investors will pay more for a company's shares if they think the company has
higher profits relative to its share price.

PE RATIO-
DIVIDEND YIELD RATIO-

Dividend payout ratio- A low DPR in 2018 means that the company is
reinvesting more money back into expanding its business. By virtue of investing
in business growth, the company will likely be able to generate higher levels of
capital gains for investors in the future.

A high DPR in 2021 means that the company is reinvesting less money back
into its business, while paying out relatively more of its earnings in the form of
dividends. Such companies tend to attract income investors who prefer the
assurance of a steady stream of income to a high potential for growth in share
price.

Retention ratio-