All the numbers are in millions. Please calculate the debt ratio and time interest earned ratio year by year. Curent Asset Current Liabilities Total Liabilities Total Assets 2016 5,857.9 8,824.3 12,978.2 18,592.9 2017 6,261.3 10,757.7 14,687.7 20,854.2 2018 6,314.2 6,588.0 10,549.4 16,963.6 2019 5,756 6,287 10,821 17,178 2020 5,977 5,653 10,816 17,748 2021 4,950 5,983 10,049 17,000 BKW Net Cash Provided by operating activities Operating Income Before Tax Finance Costs Cash and cash eqiv & Accounts receivables 2016 853.0 862.8 - 126.2 1,008.4 + 2,785.0 2017 146.0 1,007.0 - 108. 6 1,249.2 + 2,749.2 2018 72.8 1,066.2 - 88.0 1,177.1 + 2,670.2 2019 60 620 - 142 1,290 + 2,050 2020 137 - 536 - 165 1, 1 1 1 + 1,667 2021 468 295 - 146 1,662 + 1,741 Debt Ratio = Total Liabilities/Total Assets Times Interest Earned Ratio = (Operating Income Before Tax Plus Finance Costs)/Finance Costs**
All the numbers are in millions. Please calculate the debt ratio and time interest earned ratio year by year.
|
|
Curent Asset |
Current Liabilities |
Total Liabilities |
Total Assets |
|
2016 |
5,857.9 |
8,824.3 |
12,978.2 |
18,592.9 |
|
2017 |
6,261.3 |
10,757.7 |
14,687.7 |
20,854.2 |
|
2018 |
6,314.2 |
6,588.0 |
10,549.4 |
16,963.6 |
|
2019 |
5,756 |
6,287 |
10,821 |
17,178 |
|
2020 |
5,977 |
5,653 |
10,816 |
17,748 |
|
2021 |
4,950 |
5,983 |
10,049 |
17,000 |
|
BKW |
Net Cash Provided by operating activities |
Operating Income Before Tax |
Finance Costs |
Cash and cash eqiv & |
|
2016 |
853.0 |
862.8 |
- 126.2 |
1,008.4 + 2,785.0 |
|
2017 |
146.0 |
1,007.0 |
- 108. 6 |
1,249.2 + 2,749.2 |
|
2018 |
72.8 |
1,066.2 |
- 88.0 |
1,177.1 + 2,670.2 |
|
2019 |
60 |
620 |
- 142 |
1,290 + 2,050 |
|
2020 |
137 |
- 536 |
- 165 |
1, 1 1 1 + 1,667 |
|
2021 |
468 |
295 |
- 146 |
1,662 + 1,741 |
Debt Ratio = Total Liabilities/Total Assets
Times Interest Earned Ratio = (Operating Income Before Tax Plus Finance Costs)/Finance Costs**
According to the given question, we are required to compute the debt ratio and time interest earned ratio.
Financial ratio:
The financial ratios refer to the relation between the financial figures of items of financial statements. The financial ratios are profitability ratio, solvency ratio, shareholders' equity ratio, and Long-term solvency ratio.
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