Aviation is among the industries that were adversely impacted by Covid. Below table shows selective financial ratios of Singapore Airlines (SIA), for five semi-annual fiscal periods, including both before and after Covid outbreak (period of March 2020 – September 2020, highlighted with bond font). Financial Statements are also provided. Analyse the impact of Covid outbreak on SIA’s FIVE categories of financial ratios (i.e. Liquidity, leverage, turnover, profitability and market value). [Hint: Elaborate your finding with information from financial statements and attempt to connect the numbers with business activities.]

FINANCIAL ACCOUNTING
10th Edition
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Aviation is among the industries that were adversely impacted by Covid. Below table shows selective financial ratios of Singapore Airlines (SIA), for five semi-annual fiscal periods, including both before and after Covid outbreak (period of March 2020 – September 2020, highlighted with bond font). Financial Statements are also provided. Analyse the impact of Covid outbreak on SIA’s FIVE categories of financial ratios (i.e. Liquidity, leverage, turnover, profitability and market value). [Hint: Elaborate your finding with information from financial statements and attempt to connect the numbers with business activities.]
Period Start
Period End
Liquidity Ratios
Cash Ratio
Current Ratio
Quick Ratio
Leverage Ratios
Total Debt/Equity
Total Debt/Total Assets
Long-Term Debt/Equity
Long-Term Debt/Total Assets
Turnover Ratios
Accounts Receivable Turnover
Days Sales Outstanding
Profitability Ratios
Operating Margin
Profit Margin
Return on Equity
Return on Assets
Market Value Ratios
Price/Book
Price/Sales
Dividend Yield
Share Price
03/21
09/21
2.28
2.72
2.49
5.06
72.13
67.47 88.07 71.27 121.08 71.90
33.97
38.15 30.83
34.96
27.76
62.45 79.48 62.11
88.68
31.44 34.43 26.86 25.60
-8.82
-4.07
09/20 03/20 09/19 03/19
03/21 09/20
03/20
09/19
0.68
4.88
-
1.41
1.69 1.30 0.44
1.57
1.22
0.35
1.11 0.28 0.16
0.41
0.32
-22.95 -29.92 -113.12 -4.16
-29.60 -36.84 -212.13 -5.46
-33.87 -28.72
-1.88
-11.98 -11.47
-0.66
5.03
11.51
4.77 8.51 15.05
76.59 42.99 24.31 31.71
1.03
5.36
1.62
5.55
60.89
23.51
5.42
2.47
5.36
2.29
0.67
0.73
0.92
0.68
0.43
0.65
1.62
5.23
3.31
3.47 4.04 6.38
Transcribed Image Text:Period Start Period End Liquidity Ratios Cash Ratio Current Ratio Quick Ratio Leverage Ratios Total Debt/Equity Total Debt/Total Assets Long-Term Debt/Equity Long-Term Debt/Total Assets Turnover Ratios Accounts Receivable Turnover Days Sales Outstanding Profitability Ratios Operating Margin Profit Margin Return on Equity Return on Assets Market Value Ratios Price/Book Price/Sales Dividend Yield Share Price 03/21 09/21 2.28 2.72 2.49 5.06 72.13 67.47 88.07 71.27 121.08 71.90 33.97 38.15 30.83 34.96 27.76 62.45 79.48 62.11 88.68 31.44 34.43 26.86 25.60 -8.82 -4.07 09/20 03/20 09/19 03/19 03/21 09/20 03/20 09/19 0.68 4.88 - 1.41 1.69 1.30 0.44 1.57 1.22 0.35 1.11 0.28 0.16 0.41 0.32 -22.95 -29.92 -113.12 -4.16 -29.60 -36.84 -212.13 -5.46 -33.87 -28.72 -1.88 -11.98 -11.47 -0.66 5.03 11.51 4.77 8.51 15.05 76.59 42.99 24.31 31.71 1.03 5.36 1.62 5.55 60.89 23.51 5.42 2.47 5.36 2.29 0.67 0.73 0.92 0.68 0.43 0.65 1.62 5.23 3.31 3.47 4.04 6.38
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