Financial Accounting

Project
Prepared By:
Abhishek Singh-006 Rohit Sharma-115 Sairam B.-116
Suyash Verma-157 Vivek Bakshi-172 Roohan Malhotra-177
Aksh Optifibre Ltd.

Financial Statement Analysis:

• Balance Sheet
• Statement of Profit and Loss
• Cash Flow Statement

Microsoft Excel
Worksheet
 Liquidity Position
31st Mar 14 31st Mar 13

Current Ratio 2.25 1.87

Quick Ratio 2.00 1.77

Absolute Liquidity Ratio 0.01 0.01

 Solvency Position
31st Mar 14 31st Mar 13

Debt Equity Ratio 0.22 0.01

Interest Coverage Ratio 3.68 6.29

 Turnover Ratios
31st Mar 14 31st Mar 13

Accounts receivable Turnover 3.39 3.82

Ratio
Accounts Payable Turnover 3.65 4.05
Ratio
Inventory Turnover Ratio 6.69 10.15

Fixed Asset Turnover Ratio 4.67 4.36

Total Asset Turnover 0.42 0.47
Ratio
Inventory Holding Period 56 36
(in days)
Average Collection Period 108 96
(in days)
Average Payment Period 100 90
(in days)
 Profitability Ratios
31st Mar 14 31st Mar 13

Operating Profit Ratio 12% 11%

Gross Profit Ratio 12% 11%

Net Profit Ratio 12% 11%

Return On Total Assets 4.67 4.36

Return On Net Worth 7.27% 7.62%

Earning Per Share

Basic 1.75 1.77
Diluted 1.60 1.77
 Growth and Market Ratios
31st Mar 14 31st Mar 13

Sustainable Growth Rate 6.91% 7.62%

P/E Ratio 7.88 6.22

P/B Ratio 1.7 1.7

P/S Ratio 1.3 1.2

P/CF Ratio 5.47 5.1

Industry P/E Ratio 22.48 22.14

Dividend Yield 0.05 nil
Earning Yield Ratio 0.09 0.11
Cash Realization Ratio 0.98 -0.41
 Conclusion

• Limitation

• Contribution