Liquidity Ratios

Current Ratio 2009

Current Ratio = Current Assets/ Current Liabilities
Current Assets 3466855
Current Liabilities 2956942
1.172446061

Quick Ratio
Quick Ratio = Quick Assets/ Current Liabilities
Quick Assets = Current Assets- Inventories 1521631
Inventories 1945224
0.51459616
Net Working Capital Ratio
Net Working Capital Ratio = Net Working Capital/ Total Assets
Net Working Capital = Current Assets - Current Liabilities 509913
Total Assets 7770112
0.065624923

Profitability Analysis Ratio

Returm on Assets
Return on Assets = Net Income/ Average Total Assests 1.516206234
Net Income 9871103
Average Total Assets = (Beginning of Total Assests+ Ending of Total Assests)/2
Beginning of Total Assets 5250680
Ending of Total Assets 7770112
Average Total Assets = (Beginning of Total Assests+ Ending of
Total Assests)/2 6510396

Return on Equity
Return on Equity = Net Income/ Average Stockholder's Equity 13.16147067
Average Stockholder's Equity = (Beginning Stockholder Equity+
Ending Stockholder Equity)/2
Beginning Stockholder Equity 500000
Ending Stockholder Equity 1000000
Average Stockholder's Equity = (Beginning Stockholder Equity+
Ending Stockholder Equity)/2 750000
Return on Common Equity
Return on Common Equity= Net Income/Average Common
Stockholder's Equity)
Average Common Stockholder's Equity = (Beginning Common
Stockholder Equity+ Ending Common Stockholder Equity)/2

Profit Margin
Profit Margin = Net Income/ Sales 1.062380603
Net Income 9871103
Sales 9291494

Earnings per Share

Earnings per Share = Net Income/Number of Common shares
outstanding

Activity Analysis Ratio

Assets Turn over Ratio 1.35

Assets Turn over Ratio = Sales/ Average Total Assets
Average Total Assets = (Beginning of Total Assests+ Ending of
Total Assests)/2

Accounts Receivable Turnover Ratio

Accounts Receivable Turnover Ratio=Sales/ Average Accounts
receivable 3.468048139
Average Accounts Receivable = (Beginning Accounts Receiveable
+ Ending Accounts Receivable)/2
Beginning Accounts Receivable 2256629
Ending Accounts Receivable 3101713
Average Accounts Receivable 2679171

Inventory Turn Over Ratio

Inventory Turn Over Ratio = Cost of Goods Sold/ Average
Inventories 3.857028179
Average Inventories = (Beginning Inventories + Ending
Inventories)/2
Beginning Inventories 1677350
Ending Inventories 1945224
Average Inventories 1811287
Cost of Goods Sold 6986185

Capital Structure Analysis Ratio

Debt to Equity Ratio
Debt to Equity Ratio=Total Liabilities / Total Stockholder's Equity 5.006777
Total Liabilities 5006777
Total Stockholders Equity 1000000

Interest Coverage Ratio

Interest Coverage Ratio = Income before Interest and Income Tax
Expenses / Interest Expense 43.3875757
Interest before Interest and Income tax Expenses = Income before
Income Tax + Interest Expenses
Interest Expenses 49371
Interest before Interest and Income tax Expenses 2142088

Capital Market Analysis Ratio

Price Earnings Ratio
Price Earnings Ratio = Market Price of common stock per share/
Earning sper share

Market to Book Ratio

Market to Book Ratio = Market Price of Common Stock per share / Book Value of equity per Common sha
Book Value of Equity per common share = Book Value of equity for Common Stock/ Nember of Common

Dividend yield
Dividend yield = Annual Dividend per coomon share / Market price of common stock per share

Dividend Pay out Ratio

Dividend Pay out Ratio = Cash Dividends/ Net Income
ROA = Profit Margin * Assets Turnover Ratio
ROA = Net Income/ Average Total Assets = Net Income/ Sales * Sales/ Average Total Assets
Profit Margin = Net Income/ Sales
Assets Turnover Ratio = Sales / Average Total Assets
 2008 % change

4772602 -27
2345166 26
2.035080672

3095252
1677350 16
1.319843457

2427436
5250680 48
0.462308882

9292004

18.584008

500000
500000

500000
1.082038816
9292004
8587496

1.35 9034360 8320839

 6540049

9.485208
4742604
500000

71.85082584

28698
2061975

Value of equity per Common share

mon Stock/ Nember of Common shares

mmon stock per share

verage Total Assets