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  • Financial Ratio Analysis

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    Ramcie Aguilar Benavidez
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    The document shows various financial ratios for Apple from 2012 to 2016, including liquidity, activity, leverage/debt, and profitability ratios. Liquidity ratios such as the current and quick ratios fluctuated over the years but were consistently above 1, indicating Apple maintains sufficient short-term assets to cover its short-term debts. Activity ratios like inventory turnover and accounts receivable turnover decreased from 2012 to 2016, suggesting slower inventory movement and longer collection periods. Leverage/debt ratios including debt and debt-to-equity ratios increased from 2012 to 2016, demonstrating higher reliance on debt financing. Profitability ratios such as gross profit margin, profit margin, return on assets and return on equity declined from their peaks in 2012-2015

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    The document shows various financial ratios for Apple from 2012 to 2016, including liquidity, activity, leverage/debt, and profitability ratios. Liquidity ratios such as the current and quick ratios fluctuated over the years but were consistently above 1, indicating Apple maintains sufficient short-term assets to cover its short-term debts. Activity ratios like inventory turnover and accounts receivable turnover decreased from 2012 to 2016, suggesting slower inventory movement and longer collection periods. Leverage/debt ratios including debt and debt-to-equity ratios increased from 2012 to 2016, demonstrating higher reliance on debt financing. Profitability ratios such as gross profit margin, profit margin, return on assets and return on equity declined from their peaks in 2012-2015

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    8 views5 pages

    Financial Ratio Analysis

    Uploaded by

    Ramcie Aguilar Benavidez
    The document shows various financial ratios for Apple from 2012 to 2016, including liquidity, activity, leverage/debt, and profitability ratios. Liquidity ratios such as the current and quick ratios fluctuated over the years but were consistently above 1, indicating Apple maintains sufficient short-term assets to cover its short-term debts. Activity ratios like inventory turnover and accounts receivable turnover decreased from 2012 to 2016, suggesting slower inventory movement and longer collection periods. Leverage/debt ratios including debt and debt-to-equity ratios increased from 2012 to 2016, demonstrating higher reliance on debt financing. Profitability ratios such as gross profit margin, profit margin, return on assets and return on equity declined from their peaks in 2012-2015

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 5

    FINANCIAL RATIO

    ANALYSIS
    APPLE

    RATIO LIQUIDITY
    2016

    2015

    2014

    2013

    2012

    Current Ratio

    1.35

    1.11

    1.08

    1.68

    1.50

    Quick Ratio

    1.33

    1.08

    1.05

    1.64

    1.48

    ACTIVITY RATIO/ASSET RATIO


    2016

    2015

    2014

    2013

    2012

    Account
    Receivable
    Turnover

    6.57

    7.53

    8.94

    Average
    Collection
    Period

    54.79

    47.81

    40.27

    Inventory
    Turnover

    57.94

    83.45

    112.12

    Average
    Age of
    Inventory

    6.21

    4.31

    3.21

    Operating
    Cycle

    61

    52.12

    43.48

    Fixed Asset
    Turnover

    7.98

    10.40

    8.86

    10.30

    10.13

    Total Asset
    Turnover

    0.67

    0.81

    0.79

    0.83

    0.89

    LEVERAGE/DEBT RATIO
    2016

    2015

    2014

    2013

    2012

    Debt Ratio

    0.60

    0.59

    0.52

    0.40

    0.33

    Debt /Equity
    Ratio

    1.51

    1.43

    1.08

    0.68

    0.49

    PROFITABILITY RATIO
    2016

    2015

    2014

    2013

    2012

    Gross Profit
    Margin

    39.08%

    40.06%

    38.59%

    37.62%

    43.87%

    Profit
    Margin

    21.19%

    22.85%

    21.61%

    21.67%

    26.67%

    Return on
    Asset

    14.20%

    18.38%

    17.04%

    17.89%

    23.70%

    Return on
    Equity

    35.62%

    44.74%

    35.42%

    29.98%

    35.30%

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