FMG Altman Z Score 2018 2019 2020 0.55 0.54 0.57 0.47 0.48 0.51 0.10 0.24 0.30 0.00124 0.00198 0.00362 e 0.000285 0.000355 0.000376 Z-Score 1.12 1.26 1.38 Current Ratio FMG 2016 2020 2017 3,386,635,465.00 2,232,444,865.00 2,862,714,508.00 1,676,363,144.00 2018 Assets Liabilities Ratio 2019 5,150,434,906.00 3,772,993,012.00 3,262,860,220.00 9,175,287,775.00 2,200,377,053.00 4,072,563,019.00 1.48 1.18 1.33 1.37 2.25 Return on Captial Employed FMG 2017 2016 2018 2019 2020 Total Assets Total Current 26,039,590,627.00 24,850,494,019.00 24,149,641,455.00 28,082,133,181.00| 34,092,962,261.00 1,676,363,144.00 Capital Emple 23,839,213,574.00 21,987,779,511.00 22,473,278,311.00 24,309,140,169.00 30,020,399,242.00 2,200,377,053.00 2,862,714,508.00 3,772,993,012.00 4,072,563,019.00 4,485,179,407.00 20.40% 6,875,802,081.00 10,071,397,348.00 28.28% EBIT 2,702,666,307.00 11.34% 2,534,163,171.00 11.28% ROCE 33.55%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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  1. Using the findings, provide a brief summary about the financial status of each of the companies and provide a recommendation for the investment choice.

FMG Altman Z Score
2018
2019
2020
a
0.55
0.54
0.57
0.47
0.48
0.51
0.10
0.24
0.30
d
0.00124
0.00198
0.00362
e
0.000285
0.000355
0.000376
Z-Score
1.12
1.26
1.38
Current Ratio FMG
2016
2017
2018
2019
2020
Assets
Liabilities
Ratio
5,150,434,906.00
3,772,993,012.00
3,262,860,220.00
3,386,635,465.00
2,232,444,865.00
9,175,287,775.00
2,200,377,053.00
2,862,714,508.00
1,676,363,144.00
4,072,563,019.00
1.48
1.18
1.33
1.37
2.25
Return on Captial Employed FMG
2016
2017
2018
2019
2020
Total Assets
26,039,590,627.00 24,850,494,019.00 24,149,641,455.00 28,082,133,181.00| 34,092,962,261.00
Total Current
4,072,563,019.00
Capital Empld 23,839,213,574.00 21,987,779,511.00 22,473,278,311.00 24,309,140,169.00 30,020,399,242.00
6,875,802,081.00 10,071,397,348.00
2,200,377,053.00
2,862,714,508.00
1,676,363,144.00
3,772,993,012.00
EBIT
2,702,666,307.00
4,485,179,407.00
2,534,163,171.00
ROCE
11.34%
20.40%
11.28%
28.28%
33.55%
Transcribed Image Text:FMG Altman Z Score 2018 2019 2020 a 0.55 0.54 0.57 0.47 0.48 0.51 0.10 0.24 0.30 d 0.00124 0.00198 0.00362 e 0.000285 0.000355 0.000376 Z-Score 1.12 1.26 1.38 Current Ratio FMG 2016 2017 2018 2019 2020 Assets Liabilities Ratio 5,150,434,906.00 3,772,993,012.00 3,262,860,220.00 3,386,635,465.00 2,232,444,865.00 9,175,287,775.00 2,200,377,053.00 2,862,714,508.00 1,676,363,144.00 4,072,563,019.00 1.48 1.18 1.33 1.37 2.25 Return on Captial Employed FMG 2016 2017 2018 2019 2020 Total Assets 26,039,590,627.00 24,850,494,019.00 24,149,641,455.00 28,082,133,181.00| 34,092,962,261.00 Total Current 4,072,563,019.00 Capital Empld 23,839,213,574.00 21,987,779,511.00 22,473,278,311.00 24,309,140,169.00 30,020,399,242.00 6,875,802,081.00 10,071,397,348.00 2,200,377,053.00 2,862,714,508.00 1,676,363,144.00 3,772,993,012.00 EBIT 2,702,666,307.00 4,485,179,407.00 2,534,163,171.00 ROCE 11.34% 20.40% 11.28% 28.28% 33.55%
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