SAN MIGUEL CORPORATION

LIQUIDITY RATIO
DECEMBER 31, 2021 AND 2020

CURRENT RATIO FOR YEAR 2020 AND 2021

FORMULA 2021 2020

193,487 229.789
CURRENT ASSETS = =
= 84,556 41,948
CURRENT LIABILITIES
= 2.29 = 5.48

QUICK RATIO FOR YEAR 2020 AND 2021

FORMULA 2021 2020

193,487−5,655 229.789−5,411
= =
= 84,556 41,948
CURRENT ASSETS −(PREPAID EXPENSE + INVENTORY ) 187,832 22 4,378
= =
CURRENT LIABILITIES 84,556 41,948
= 2.22 = 5.35

SAN MIGUEL CORPORATION

EFFICIENCY RATIO
DECEMBER 31, 2021 AND 2020

ACCOUNTS RECEIVABLE TURNOVER FOR YEAR 2020 AND 2021

FORMULA 2020 & 2021

20,362
= 91,323+88,562
( )
2
REVENUE 20,362
= ACCOUNT RECEIVABLES = ( 179,885 )
( ) 2
2
20,362
= 89,942.5
= 0.23

AVERAGE COLLECTION PERIOD FOR YEAR 2020 AND 2021

FORMULA 2020 & 2021
NO . OF BUSINESS DAYS
= 365
ACCOUNTS RECEIVABLE TURNOVER =
0.23
 = 1,587 days

SAN MIGUEL CORPORATION

SOLVENCY/LEVERAGE/DEBT RATIO
DECEMBER 31, 2021 AND 2020

DEBT RATIO FOR YEAR 2020 AND 2021

FORMULA 2021 2020

366,802 305,585
TOTAL LIABILITIES = =
= 941,763 924,465
TOTAL ASSETS
= 0.39 = 0.33

DEBT-TO-EQUITY RATIO FOR YEAR 2020 AND 2021

FORMULA 2021 2020

366,802
TOTAL LIABILITIES = 305,585
= 574,961 =
TOTAL EQUITY 618,880
= 0.64
= 0.49
TIMES INTEREST EARNED RATIO FOR YEAR 2020 AND 2021
FORMULA 2021 2020

13,972 20,392
NET PROFIT BEFORE INTEREST = =
= 10755 12,618
INTEREST EXPENSE
= 1.30 = 1.62

SAN MIGUEL CORPORATION

PROFITABILITY RATIO
DECEMBER 31, 2021 AND 2020

RETURN ON EQUITY (ROE) FOR YEAR 2020 AND 2021

FORMULA 2020 & 2021
NET INCOME
= 1,194
AVERAGE TOTAL EQUITY ∗100
= 574,961+ 618880
( )
2
1,194
∗100
= 1,193,841
( )
2
 1,194
= 596,920.50 ∗100
= 0.20%

RETURN ON ASSETS (ROA) FOR YEAR 2020 AND 2021

FORMULA 2020 & 2021

1,194
∗100
= 941,763+924,465
( )
2
1,194
NET INCOME ∗100
= = 1 ,866,228
AVERAGE TOTAL ASSETS ( )
2
1,194
= 933,114 ∗100
= 0.13%
GROSS PROFIT RATE FOR YEAR 2020 AND 2021
FORMULA 2021 2020

16,362 18,480
GROSS PROFIT = ∗100 = ∗100
= 20,362 23,750
REVENUE
= 80.36% = 77.81%
OPERATING RATIO FOR YEAR 2020 AND 2021
FORMULA 2021 2020

17,145 15 , 976
COST OF SALES + EXPENSES = ∗100 = ∗100
= 20,362 23,750
REVENUE
= 84.20% = 67.27%
NET PROFIT MARGIN FOR YEAR 2020 AND 2021
FORMULA 2021 2020

1,194 6,958
NET INCOME = ∗100 = ∗100
= 20,362 23,750
REVENUE
= 5.86% = 29.30%