5.1.

Liquidity ratio are the method of figuring out how to convert assets to cash
Data
Ratios = Formulas cash & cash Answer Meaning
current assets current liabilities inventories
equivalent

Vinamilk has 21156 dong of current

Current ratio = current assets / current liabilities 2.08728 assets to meet every dollar of current
liabilities

Vinamilk have 171878 dong to meet

Quick ratio = (current assets – inventories) / current liabilities 29665725805058 14212646285475 4905068613616 2111242815581 1.74216
every dong of current liabilities

Vinamilk has 01376 dong of cash to

Cash ratio = cash & cash equivalents / current liabilities 0.14855
meet every dong of current liabilities

5.2. Efficiency ratios is the measurement of how eell a company can manage income and
Ending first beginning second
expenses. The accounts monitored are accounts receivable and payable.
Data

Ratios = Formulas Net sales Answer Meaning

Cost of sales Average inventory Average A.C
(Net revenue)

Cost of sales / Average inventory There are 59326 times / turns the
Stock turnover
= Average inventory = (Opening stock + Ending stock) 4905068613616 5187253172150 6.46588 Vinamilk stocks are turnover during the
ratio
/2 year 2021

4983044403917 4503154728959 11.067 times / turns tell us that: In the

year 2021 Vinamilk's average debtors
Net sales / Average debtors 31967662837839 60919164846146 11.067 times are converted into cash.
Debtors’
Average debtors = Opening + Closing balance of
turnover ratio
= debtors / 2 12.57309 This number shows that Vinamilk is
(account
Net credit sales = Total sales – Sales return + Cash taking every 33 days to collect debts
receivable ratio)
sales from customers.
4944056508767 4845203950555 33 days = 365 days / 1106687

9.34588 times tells us that Vinamilk's

Creditors’ Total supplier purchases / Average account
accounts payable turned over 9.346
turnover ratio payables
= Average A.P Average total assets 9.33685 turns during the year of 2021.
(account Average account payable = Beginning + Ending
Vinamilk takes every 39 days to pay its
payable ratio) (account payables) / 2
average payable amount.

Revenue / Average total assets 3199186016787 3648445576699 48432480673629 44699873386034 For every dong of Vinamilk's assets the
Asset turnover
= Average total assets = Previous + Present (total 1.30823 company generated 1.19725 dong in
ratio
assets) / 2 revenue.
3423815796743 46566177029832
5.3. Profitability ratios are a class of financial metrics that are used to assess a business's ability
to generate earnings compared to its expenses and other relevant costs incurred during a
specific period of time

Data

Ratios = Formulas Net profit EBIT Answer Meaning

Gross profit
(Net operating profit) (Profit before tax)

(Gross profit / Net Sales) × 100 Gross profit percentage of 43.13635%

Gross profit Gross profit = Revenue – COGS tells us that for every 100 dong of sales
= 45.41859
percentage Net sales = total revenue – COGS – allowance – Vinamilk earned 43.13635 dong of gross
discount profit.
27668623387708 13539380824416 13518536087024
Net profit percentage of 20.89264% tells
Net profit us that for every 100 dong of sales
= (Net profit / Sales) × 100 22.22516
percentage Vinamilk earned 20.89264 dong of net
profit.

Return on Capital employed of

Return on
(EBIT / Capital employed) × 100 35.6338% tells us that for every 100
capital Shareholder's equity Net income Non-current
= Capital Employed = Equity + Non-current Liabilities Total assets 39.50497 dong of assets Vinamilk has 35.6338
employed (Total equity) (Net profit after tax) liabilities
= Total assets - Current Liabilities dong of earning before interest and
(ROCE)
taxes.

Return on Assets of 19.93635% tells us

Return on that for every 100 dong of assets
= (Net Income / Total assets) × 100 23.19875
Assets (ROA) Vinamilk has 19.93635 dong of net profit
/ income.
48432480673629 33647122229822 11235732234125 572712158332
Return on Equity of 29.6583% tells us
Return on that for every 100 dong of equity
= (Net Income / Shareholder′s equity) × 100 33.39285
Equity (ROE) Vinamilk’s stockholders get 29.6583
dong of net income.

5.4. Solvency ratio is only one of the metrics used to determine whether a company can stay
solvent.
Data
Ratios = Formulas Answer Meaning
Total assets Total liabilities Total equity

D/E ratio of 0.48765:1 shows us

Debt to equity
= (Total debt / Total equity) × 100 0.43942 Vinamilk is using 0.48765 dong of debt
ratio (D/E)
to finance every dong of its assets
48432480673629 14785358443807 33647122229822
D/A ratio of 0.3278:1 shows us Vinamilk
Debt to assets
= (Total debt / Total asset) × 100 0.30528 is using 0.3278 dong of debt to finance
ratio (D/A)
every dong of its assets
5.1. Liquidity ratio are the method of figuring out how to convert assets to cash
Data
Ratios = Formulas cash & cash Answer Meaning
current assets current liabilities inventories
equivalent

Vinamilk has 21156 dong of current

Current ratio = current assets / current liabilities 2.11560 assets to meet every dollar of current
liabilities

Vinamilk have 171878 dong to meet

Quick ratio = (current assets – inventories) / current liabilities 36109910649785 17068416995519 6773071634017 2348551874348 1.71878
every dong of current liabilities

Vinamilk has 01376 dong of cash to

Cash ratio = cash & cash equivalents / current liabilities 0.13760
meet every dong of current liabilities

5.2. Efficiency ratios is the measurement of how eell a company can manage income and
Ending first beginning second
expenses. The accounts monitored are accounts receivable and payable.
Data

Ratios = Formulas Net sales Answer Meaning

Cost of sales Average inventory Average A.C
(Net revenue)

Cost of sales / Average inventory There are 59326 times / turns the
Stock turnover
= Average inventory = (Opening stock + Ending stock) 6773071634017 5822028742791 5.93260 Vinamilk stocks are turnover during the
ratio
/2 year 2021

11.067 times / turns tell us that: In the

4905068613616 5187253172150
year 2021 Vinamilk's average debtors
Net sales / Average debtors 34640863353839 60919164846146 11.067 times are converted into cash.
Debtors’
Average debtors = Opening + Closing balance of
turnover ratio
= debtors / 2 11.06687 This number shows that Vinamilk is
(account
Net credit sales = Total sales – Sales return + Cash taking every 33 days to collect debts
receivable ratio)
sales from customers.
5839070123817 5504640957471 33 days = 365 days / 1106687

9.34588 times tells us that Vinamilk's

Creditors’ Total supplier purchases / Average account
accounts payable turned over 9.346
turnover ratio payables
= Average A.P Average total assets 9.34588 turns during the year of 2021.
(account Average account payable = Beginning + Ending
Vinamilk takes every 39 days to pay its
payable ratio) (account payables) / 2
average payable amount.

Revenue / Average total assets 4213887652294 3199186016787 53332403438219 48432480673629 For every dong of Vinamilk's assets the
Asset turnover
= Average total assets = Previous + Present (total 1.19725 company generated 1.19725 dong in
ratio
assets) / 2 revenue.
3706536834541 50882442055924
5.3. Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings compared to its expenses and
other relevant costs incurred during a specific period of time

Data

Ratios = Formulas Net profit EBIT Answer Meaning

Gross profit
(Net operating profit) (Profit before tax)

(Gross profit / Net Sales) × 100 Gross profit percentage of 43.13635%

Gross profit Gross profit = Revenue – COGS tells us that for every 100 dong of sales
= 43.13635
percentage Net sales = total revenue – COGS – allowance – Vinamilk earned 43.13635 dong of gross
discount profit.
26278301492307 12727619820191 12922235486919
Net profit percentage of 20.89264% tells
Net profit us that for every 100 dong of sales
= (Net profit / Sales) × 100 20.89264
percentage Vinamilk earned 20.89264 dong of net
profit.

Return on Capital employed of

Return on
(EBIT / Capital employed) × 100 35.6338% tells us that for every 100
capital Shareholder's equity Net income Non-current
= Capital Employed = Equity + Non-current Liabilities Total assets 35.63380 dong of assets Vinamilk has 35.6338
employed (Total equity) (Net profit after tax) liabilities
= Total assets - Current Liabilities dong of earning before interest and
(ROCE)
taxes.

Return on Assets of 19.93635% tells us

Return on that for every 100 dong of assets
= (Net Income / Total assets) × 100 19.93635
Assets (ROA) Vinamilk has 19.93635 dong of net profit
/ income.
53332403438219 35850114249384 10632535972478 413872193316
Return on Equity of 29.6583% tells us
Return on that for every 100 dong of equity
= (Net Income / Shareholder′s equity) × 100 29.65830
Equity (ROE) Vinamilk’s stockholders get 29.6583
dong of net income.

5.4. Solvency ratio is only one of the metrics used to determine whether a company can stay
solvent.
Data
Ratios = Formulas Answer Meaning
Total assets Total liabilities Total equity

D/E ratio of 0.48765:1 shows us

Debt to equity
= (Total debt / Total equity) × 100 0.48765 Vinamilk is using 0.48765 dong of debt
ratio (D/E)
to finance every dong of its assets
53332403438219 17482289188835 35850114249384
D/A ratio of 0.3278:1 shows us Vinamilk
Debt to assets
= (Total debt / Total asset) × 100 0.32780 is using 0.3278 dong of debt to finance
ratio (D/A)
every dong of its assets
5.1. Liquidity ratio are the method of figuring out how to convert assets to cash
Data
Ratios = Formulas cash & cash Answer Meaning
current assets current liabilities inventories
equivalent

Vinamilk has 21156 dong of current

Current ratio = current assets / current liabilities 2.06164 assets to meet every dollar of current
liabilities

Vinamilk have 171878 dong to meet

Quick ratio = (current assets – inventories) / current liabilities 31560382174201 15308423081524 5537563396117 2299943527624 1.69990
every dong of current liabilities

Vinamilk has 01376 dong of cash to

Cash ratio = cash & cash equivalents / current liabilities 0.15024
meet every dong of current liabilities

5.2. Efficiency ratios is the measurement of how eell a company can manage income and
Ending first beginning second
expenses. The accounts monitored are accounts receivable and payable.
Data

Ratios = Formulas Net sales Answer Meaning

Cost of sales Average inventory Average A.C
(Net revenue)

Cost of sales / Average inventory There are 59326 times / turns the
Stock turnover
= Average inventory = (Opening stock + Ending stock) 5537563396117 6100402870854 5.85819 Vinamilk stocks are turnover during the
ratio
/2 year 2021

6773071634017 5822028742791 11.067 times / turns tell us that: In the

year 2021 Vinamilk's average debtors
Net sales / Average debtors 36059015690711 59956247197418 11.067 times are converted into cash.
Debtors’
Average debtors = Opening + Closing balance of
turnover ratio
= debtors / 2 10.05772 This number shows that Vinamilk is
(account
Net credit sales = Total sales – Sales return + Cash taking every 33 days to collect debts
receivable ratio)
sales from customers.
6155317515067 5961215806823 33 days = 365 days / 1106687

9.34588 times tells us that Vinamilk's

Creditors’ Total supplier purchases / Average account
accounts payable turned over 9.346
turnover ratio payables
= Average A.P Average total assets 8.48643 turns during the year of 2021.
(account Average account payable = Beginning + Ending
Vinamilk takes every 39 days to pay its
payable ratio) (account payables) / 2
average payable amount.

Revenue / Average total assets 4284158390163 4213887652294 48482664236220 53332403438219 For every dong of Vinamilk's assets the
Asset turnover
= Average total assets = Previous + Present (total 1.17775 company generated 1.19725 dong in
ratio
assets) / 2 revenue.
4249023021229 50907533837220
5.3. Profitability ratios are a class of financial metrics that are used to assess a business's ability
to generate earnings compared to its expenses and other relevant costs incurred during a
specific period of time

Data

Ratios = Formulas Net profit EBIT Answer Meaning

Gross profit
(Net operating profit) (Profit before tax)

(Gross profit / Net Sales) × 100 Gross profit percentage of 43.13635%

Gross profit Gross profit = Revenue – COGS tells us that for every 100 dong of sales
= 39.85778
percentage Net sales = total revenue – COGS – allowance – Vinamilk earned 43.13635 dong of gross
discount profit.
23897231506707 10491064827100 10495534676745
Net profit percentage of 20.89264% tells
Net profit us that for every 100 dong of sales
= (Net profit / Sales) × 100 17.49787
percentage Vinamilk earned 20.89264 dong of net
profit.

Return on Capital employed of

Return on
(EBIT / Capital employed) × 100 35.6338% tells us that for every 100
capital Shareholder's equity Net income Non-current
= Capital Employed = Equity + Non-current Liabilities Total assets 31.63760 dong of assets Vinamilk has 35.6338
employed (Total equity) (Net profit after tax) liabilities
= Total assets - Current Liabilities dong of earning before interest and
(ROCE)
taxes.

Return on Assets of 19.93635% tells us

Return on that for every 100 dong of assets
= (Net Income / Total assets) × 100 23.17474
Assets (ROA) Vinamilk has 19.93635 dong of net profit
/ income.
48482664236220 32816518355085 11235732234125 357722799611
Return on Equity of 29.6583% tells us
Return on that for every 100 dong of equity
= (Net Income / Shareholder′s equity) × 100 34.23804
Equity (ROE) Vinamilk’s stockholders get 29.6583
dong of net income.

5.4. Solvency ratio is only one of the metrics used to determine whether a company can stay
solvent.
Data
Ratios = Formulas Answer Meaning
Total assets Total liabilities Total equity

D/E ratio of 0.48765:1 shows us

Debt to equity
= (Total debt / Total equity) × 100 0.47739 Vinamilk is using 0.48765 dong of debt
ratio (D/E)
to finance every dong of its assets
48482664236220 15666145881135 32816518355085
D/A ratio of 0.3278:1 shows us Vinamilk
Debt to assets
= (Total debt / Total asset) × 100 0.32313 is using 0.3278 dong of debt to finance
ratio (D/A)
every dong of its assets