Analysis of Financial statements of Grace Corportion 12.

1
Short term liquidity 2012 2011 pg.450
Current ratio= CA
Current assets 37100 28900
curent liabilities 23300 17100
CR 1.59227 1.69006

Quick rario = QA/CL

Quick Assets 26500 24000 CA-Inventorie
Quick Liabilities 23300 17100
QR 1.13734 1.40351
Turnover/effeciency Ratios
Trade receivables
Credit sales 97300 88400
Trade receivables 20900 15600
TRTR 4.65550239 5.66666667
Average collection period 77.3279 63.5294

Inventory Turnover ratio

cost of goods sold 68500 57600
inventory at the end 10600 4900
ITR 6.46226415 11.755102

Long term solvency ratios

Interest coverage ratio
EBIT 23500 26300
Interest 1800 1400
ICR 13.0555556 18.7857143

Debt equity ratio

shareholders fund 36800 33600
Debt 12000 9000
DE 25% 21%
Proprietary Ratio
Shareholders fund 36800 33600
Total Assets 72100 59700
Proprietary Ratio 0.51040222 0.56281407
Profitability Ratios
Return on equity
Profit after Tax 11200 12900
shareholders fund 36800 33600
RoE 30% 38%
Return on assets
Profits after tax 11200 12900
Total Assets 72100 59700
Roa 16% 22%
Return on capital employes
capital employes 48800 42600 debt=equity
EBIT 23500 26300
RoCE 48% 62%

Capital market standing ratios

Price to earnings ratio
EPS 4.48 5.16
MPS 30 40
PE Ratio 6.69642857 7.75193798
Dividend yield ratio
DPS 3.2 2.8
MPS 30 40
Dividend yield ratio 10.67% 7.00%
Ananlysis Of Financial Statements of Grace Corporation
Short term Liquidity 2006 2005
Current ratio = CA
Current Assets 8700 6400
Current Liabilities 3500 3300
CR 2.48571429 1.93939394

Quick ratio = QA/CL

Quick Assets 7000 5000
Current Liabilities 3500 3300
QR 2 1.51515152
Turnover/Efficiency ratios
Trade Receivables
Credit sales(Net S) 60000 51000
Trade Receivables 3000 2700
TRTR 20 18.8888889
Average Collection Period 18 19.0588235

Inventory Turnover ratio

Cost of goods sold 42000 41000
Inventory at the end 1700 1400
ITR 24.7058824 29.2857143

Long termsolvency Ratios

Interest Coveeage ratio
EBIT 10200 3000
Interest 1800 900
ICR 5.66666667 3.33333333

Debt equity ratio

Shareholders fund 27500 25100
Debt 5700 5000
DE. 17% 17%
Propreitory ratio
Shareholders fund 27500 25100
Total Assets 36700 33400
Propreitory ratio 75% 75%
Profitability Ratios
Return on equity
Profit after Tax 4400 1200
shareholders fund 27500 25100
RoE 0.16 0.04780876
Return on assets
Profits after tax 4400 1200
Total Assets 36700 33400
Roa 12% 4%
Return on capital employes
capital employes 33200 30100
EBIT 10200 3000
RoCE 31% 10%

Capital market standing ratios

Price to earnings ratio
EPS 2.2 0.6
MPS 88 12
PE Ratio 40 20
Dividend yield ratio
DPS 1 0.5
MPS 88 12
Dividend yield ratio 1% 4%