Item/Year 2022 2021 2020 2019 2018

Current Assets 34,902 27,622 41,851 38,172 47,370

Current Liabilities 30,798 27,647 24,926 21,906 18,550

Inventories 19,288 15,927 14,165 12,831 9,656

Cash & Cash 9,266 7,185 17,548 12,932 15,988

equivalents

Receivables 1,919 1,660 1,649 1,243 1,246

Total Assets 89,787 82,341 78,997 71,729 80,881

Total liabilities 65,196 62,878 58,804 52,541 44,143

Total Equity 24,592 19,464 20,193 19,189 36,737

Sales 167,895 146,649 132,902 122,953 112,162

Cost of Goods Sold 80,001 64,158 57,432 53,681 45,963

EBIT 32,560 28,573 28,128 26,735 24,290

Interest 862 521 265 110 41

Net Income 169,980 148,607 134,959 126,158 115,512

Table 1: Financial Data

2022 2021 2020 2019 2018

= 34,902 / =27622 / = 41851 / = 38172 / = 47370 /

Current Ratio = 30,798 27647 24926 21906 18550
Current Assets /
Current Liabilities = 0.133 = 1.00 = 1.680 = 1.742 = 2.553

= 9266 / 30798 = 7185 / = 17548 / = 12932 / = 15988 /

Cash Ratio = Cash 27647 24926 21906 18550
& Cash = 0.300
equivalents / = 0.260 = 0.704 = 0.590 = 0.861
Current Liabilities
Quick Ratio = Cash
& Cash equivalents = 9266 + = 7185 + = 17548 + = 12932 + = 15988 +
+ Accounts 1919 / 30798 1660 / 27647 1649 / 24926 1243 / 21906 1246 / 18550
Receivables /
Current Liabilities = 0.363 = 0.320 = 0.770 = 0.647 = 0.930

Inventory Turnover = 80001 / = 64158 / = 57432 / = 53681 / = 45962 /

Ratio = Cost of 19288 15927 14165 12831 9656
goods sold /
Average Inventory = 4.147 = 4.028 = 4.054 = 4.183 = 4.760

Receivables = 167,895 / = 146,649 / = 132,902 / = 122,953 / = 112,162 /

Turnover Ratio = 1790 1655 1446 1,245 2136
Net Credit Sales /
Average Accounts = 93.796 = 88.609 = 91.910 = 98.757 = 52.510
Receivables
Average AR =
Average AR = (1660+1919) /
(beginning of the 2 = (1649 + = (1243 + = (1246 + = (889.7+
year + end of the 1660) / 2 1649) /2 1243) / 2 1246) / 2
year) / 2 = 1790
= 1655 = 1446 = 1245 = 2136

Asset Turnover = 167895 / = 146649 / = 132902 / = 122953 / = 112,162 /

Ratio = Net Sales / 86064 80669 75363 76305 77254
Average Total
Assets = 1.950 = 1.817 = 1.763 = 1.611 = 1.451

Average TA = Average TA =
(beginning of the = (78997 + = (71729 + = (80881 + = (73626+
year + end of the (82341+89787) 82341) / 2 78997) /2 71729) / 2 80881) / 2
year) / 2 /2
= 80669 = 75363 = 76305 = 77254
= 86064

Interest Coverage = 32560 / 862 = 28573 / = 28128 / = 26735 / = 24290 / 41

Ratio = EBIT / 521 265 110
Interest Expense = 37.772 = 592.440
= 54.842 = 106.143 = 243.045

Debt to Equity Ratio = 65196 / = 62878 / = 58804/ = 52541 / = 44143 /

= Total Debt / Total 24592 19464 20193 19189 36737
Shareholder’s
Equity = 2.651 = 3.230 = 2.912 = 2.738 = 1.201
Gross Profit Margin = 87984 / = 82491 / = 75470 / = 69272 / = 66200 /
Ratio = Gross 167895 *100 146649 *100 132902 *100 122953 *100 112162 *100
Profit / Net Sales *
100 = 52.404 = 56.250 = 56.786 = 56.340 = 59.021

GP = Net Sales - GP = 167895 - GP = 146649 GP = 132902 GP = 122953 GP = 112162

COGS 80001 - 64158 - 57432 - 53681 - 45962

= 87984 = 82491 = 75470 = 69272 = 66200

Net Profit Ratio = = 23905 / = 21184 / = 20824 / = 19684 / = 16069 /

Net Profit / Net 167895 *100 146649 *100 132902 *100 122953 *100 112162 *100
Sales * 100
= 14.238 = 14.445 = 15.668 = 16.009 = 14.326

Working Capital = 167895 / = 146649 / - = 132902 / = 122953 / = 112162 /

Turnover Ratio = 4104 25 16925 16266 28820
Net Sales / Net
Working Capital = 40.910 = -5865.96 = 7.852 = 106687 = 3.891

NWC = Current NWC = 34902 NWC = NWC = NWC = NWC =

Assets – Current - 30798 27622 - 41851 - 38172 - 47370 -
Liabilities 27647 24926 21906 18550
= 4104
= -25 = 16925 = 16266 = 28820

Return on Equity = 23905 / = 21184 / = 20824 / = 19684 / = 16069 /

Ratio = Net 24592 19464 20193 19189 36737
Income /
Shareholder’s = 0.972 = 1.088 = 1.031 = 1.025 = 0.437
Equity

Return on Assets = 23905 / = 21184 / = 20824 / = 19684 / = 16069 /

Ratio = Net 86064 80669 75363 76305 77254
Income / Average
TA = 0.277 = 0.262 = 0.276 = 0.257 = 0.208

Average TA = Average TA =
(beginning of the = (78997 + = (71729 + = (80881 + = (73626+
year + end of the (82341+89787) 82341) / 2 78997) /2 71729) / 2 80881) / 2
year) / 2 /2
= 86064 = 80669 = 75363 = 76305 = 77254