As data is attached to the image. You are required to comment/analyze on Artistic Denim Mills Ltd specifically the following three aspects. i) Chosen companies leverage. ii) Debt management. iii) DuPont variants i.e., profitability, asset efficiency, and leverage.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question: As data is attached to the image. You are required to comment/analyze on Artistic Denim Mills Ltd specifically the following three aspects.

i) Chosen companies leverage.
ii) Debt management.
iii) DuPont variants i.e., profitability, asset efficiency, and leverage.

Note: Do not Comment Shortly.

A
B
F
G
H
J
K
M
Leverage
Debt Management
DuPont
Total
Total Debt
I Total
Assets
Debt /
STD/
Fixed
Co Name
Time
Total LTD / (LTD + SHEJ
Profitability
Asset Turnover Equity Multiplier
(STD +
SHE)
Total Debt / SHE
ROE
Basic Earning Pover Assets
BVI TA
Debt +
2
SHE
2020 0.63269
3 Idrees Textile Mills Ltd
0.209302196 0.5931324
1.722507726 0.6277398
-0.031668383
0.754838367
2.743983482
0.0656
0.037700486 0.42663
4 Idrees Textile Mills Ltd
2019 0.60035
0.226885673 0.5472486
1.502187181
0.59378
0.009308111
0.852169653
2.529871601 0.02007
0.067543286 0.44481
5 Idrees Textile Mills Ltd
2018 0.60237
0.179521088 0.5644811
1.514912183 0.6023718
0.027213952
0.768719443
2.514912183 0.05261
0.045872213 0.46985
6
7 Artistic Denim Mills Ltd
8 Artistic Denim Mills Ltd
2020 0.5496
0.229453266 0.4798391
1.220261903 0.5496027
0.01431761
0.540928223
2.220261903
0.0172
0.026506234 0.69637
2019 0.74517
0.181803986 0.4125378
2.9242486 1.5195337
0.111600349
0.597569111
1.924438113 0.12834
0.082114572 0.72255
9 Artistic Denim Mills Ltd
2018
0.396
0.120681948 0.3414025
0.655623104 0.3959978
0.062685907
0.815877276
1.655623104 0.08468
0.068573908
0.903
10
11 Faisal Spinning Mills Ltd
2020 0.98547
0.973007122 0.9694912
67.82425073 0.6619357
0.035170168
0.922694384
102.4635109 3.32508
0.058055868 0.42755
12 Faisal Spinning Mills Ltd
2019 0.92795
0.864851446
0.866295
12.87841723 0.4815234
0.065473549
1.377337836
26.745152 2.41186
0.136758199 0.61921
13 Faisal Spinning Mills Ltd
2018 0.90996
0.859469614 0.7996054
10.10605301 0.4531154
0.048793036
1.415655069
22.30348507 1.54059
0.102655418
0.7208
14
15 Feroze1888 Mills Ltd.
2020 0.51844
0.209077395 0.4481927
1.076573168 0.5093109
0.094124572
0.724085792
2.113783699 0.14406
0.084242822 0.47378
16 Feroze1888 Mills Ltd.
17 Feroze1888 Mills Ltd.
2019 0.4174s
0.099397453 0.3774534
0.716673061 0.4081535
0.204092974
0.864019421
1.755891019 0.30963
0.187738774 0.49675
2018 0.31801
0.046434622 0.2945782
0.466287463 0.3076739
0.126385327
0.932482741
1.515524967 0.17861
0.123752287 0.58646
18
19 Gadoon Textile Mills Ltd
2020 0.70853
0.356932207 0.6522796
2.43091951 0.7053723
0.001569647
0.940111308
3.446292687 0.00509
0.040436638 0.64353
20 Gadoon Textile Mills Ltd
2019 0.66608
0.309997871 0.6071448
1.994737812 0.6627258
0.037994804
1.14326795
3.009899038 0.13074
0.101391007
0.688
21 Gadoon Textile Mills Ltd
2018 0.64895
0.184274477 0.6187093
1.848573218 0.6450902
0.04301613
1.190651454
2.865604115 0.14677
0.088509251 0.69483
Transcribed Image Text:A B F G H J K M Leverage Debt Management DuPont Total Total Debt I Total Assets Debt / STD/ Fixed Co Name Time Total LTD / (LTD + SHEJ Profitability Asset Turnover Equity Multiplier (STD + SHE) Total Debt / SHE ROE Basic Earning Pover Assets BVI TA Debt + 2 SHE 2020 0.63269 3 Idrees Textile Mills Ltd 0.209302196 0.5931324 1.722507726 0.6277398 -0.031668383 0.754838367 2.743983482 0.0656 0.037700486 0.42663 4 Idrees Textile Mills Ltd 2019 0.60035 0.226885673 0.5472486 1.502187181 0.59378 0.009308111 0.852169653 2.529871601 0.02007 0.067543286 0.44481 5 Idrees Textile Mills Ltd 2018 0.60237 0.179521088 0.5644811 1.514912183 0.6023718 0.027213952 0.768719443 2.514912183 0.05261 0.045872213 0.46985 6 7 Artistic Denim Mills Ltd 8 Artistic Denim Mills Ltd 2020 0.5496 0.229453266 0.4798391 1.220261903 0.5496027 0.01431761 0.540928223 2.220261903 0.0172 0.026506234 0.69637 2019 0.74517 0.181803986 0.4125378 2.9242486 1.5195337 0.111600349 0.597569111 1.924438113 0.12834 0.082114572 0.72255 9 Artistic Denim Mills Ltd 2018 0.396 0.120681948 0.3414025 0.655623104 0.3959978 0.062685907 0.815877276 1.655623104 0.08468 0.068573908 0.903 10 11 Faisal Spinning Mills Ltd 2020 0.98547 0.973007122 0.9694912 67.82425073 0.6619357 0.035170168 0.922694384 102.4635109 3.32508 0.058055868 0.42755 12 Faisal Spinning Mills Ltd 2019 0.92795 0.864851446 0.866295 12.87841723 0.4815234 0.065473549 1.377337836 26.745152 2.41186 0.136758199 0.61921 13 Faisal Spinning Mills Ltd 2018 0.90996 0.859469614 0.7996054 10.10605301 0.4531154 0.048793036 1.415655069 22.30348507 1.54059 0.102655418 0.7208 14 15 Feroze1888 Mills Ltd. 2020 0.51844 0.209077395 0.4481927 1.076573168 0.5093109 0.094124572 0.724085792 2.113783699 0.14406 0.084242822 0.47378 16 Feroze1888 Mills Ltd. 17 Feroze1888 Mills Ltd. 2019 0.4174s 0.099397453 0.3774534 0.716673061 0.4081535 0.204092974 0.864019421 1.755891019 0.30963 0.187738774 0.49675 2018 0.31801 0.046434622 0.2945782 0.466287463 0.3076739 0.126385327 0.932482741 1.515524967 0.17861 0.123752287 0.58646 18 19 Gadoon Textile Mills Ltd 2020 0.70853 0.356932207 0.6522796 2.43091951 0.7053723 0.001569647 0.940111308 3.446292687 0.00509 0.040436638 0.64353 20 Gadoon Textile Mills Ltd 2019 0.66608 0.309997871 0.6071448 1.994737812 0.6627258 0.037994804 1.14326795 3.009899038 0.13074 0.101391007 0.688 21 Gadoon Textile Mills Ltd 2018 0.64895 0.184274477 0.6187093 1.848573218 0.6450902 0.04301613 1.190651454 2.865604115 0.14677 0.088509251 0.69483
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