1. Provide a Short-term Solvency Ratio Analysis based on D/E Ratio, Equity Ratio, and Debt ratio.2. Provide a Long-term Solvency Ratio Analysis based on D/E Ratio and Debt Ratio. Sega Sammy Holdings, Inc.Earnings InformationEarnings Information20172018201920202021millions of yenmillions of yen323,66455,671202,930120,734366,59475,351230,092136,502277,74887,289176,973100,775Net sales366,93941,546231,261135,678331,64853,745211,199120,449Overseas salesmillions of yenmillions of yenCost of salesGross profitSelling, general and administrativemillions of yen106,150103,013107,369108,85994,221expensesOperating incomeOrdinary incomeProfit attributable to owners of parentmillions of yenmillions of yenmillions of yen29,52728,54217,72014,57813,0797,49527,64325,2966,5531,71527,6078,9302,64213,7751,274Ratios%%Overseas sales ratio11.317.216.220.631.4Cost of sales to net salesGross profit to net salesSGA expenses to net salesOperating income marginOrdinary income to net salesProfit attributable to owners of parentto net sales63.062.763.762.863.7%37.037.336.337.236.3%28.931.832.429.733.98.05.53.97.52.47.84.52.36.90.67.52.80.83.80.5Balance Sheets Information20202021421,59920172018473,467310,456272,331201,1362019millions of yenmillions of yenmillions of yenmillions of yenmillions of yenmillions of yenmillions of yenmillions of yenTotal assets464,654305,337260,462204,191521,599311,497324,115197,483112,56797,534102,855307,764458,268296,858268,976189,29286,14775,26375,300294,102Net assets291,256276,295145,304Current assetsNoncurrent assets87,54271,77476,100302,648Current liabilities84,45278,55887,000307,95159,77770,56652,000290,759Noncurrent liabilitiesInterest-bearing debtShareholders' equityRatiosEquity ratioROAROE%59.065.01.865.164.269.05.29.20.63.00.3%%2.90.94.60.4Debt ratio68.352.952.654.944.864.2287.9Fixed assets ratio%63.767.564.450.0%times1. Interest-bearina debt - Loans pavable. Bonds pavableCurrent ratioD/E ratio328.3297.5312.2462.20.30.30.30.30.22. Ratios - ROA is calculated by usina "Ordinary income / Total assets" until 2015 and "Profit attributable to owners of parent / Total assets" from 2016 onwards.

Accounting ratios: The ratios that use the values from accounting statements of generally two…

Sega Sammy Holdings, Inc. Earnings Information Earnings Information 2017 2018 2019 2020 2021 Net sales Overseas sales Cost of sales Gross profit Selling, general and administrative 366,939 41,546 231,261 135,678 millions of yen 323,664 55,671 202,930 120,734 331,648 53,745 211,199 120,449 366,594 75.351 230.092 136,502 108.859 277,748 millions of yen millions of yen millions of yen millions of yen 87,289 176,973 100,775 106,150 103.013 107.369 94.221 expenses 13,079 7,495 2.642 17,720 Operating income Ordinary income millions of yen millions of yen millions of yen 29.527 28,542 27.643 25.296 6,553 1,715 1,274 14,578 Profit attributable to owners of parent 27.607 8.930 13,775 Ratios Overseas sales ratio Cost of sales to net sales Gross profit to net sales SGA expenses to net sales Operating income margin Ordinary income to net sales Profit attributable to owners of parent to net sales 17.2 11.3 63.0 37.0 28.9 8.0 7.8 16.2 63.7 36.3 32.4 20.6 62.8 37.2 29.7 7.5 6.9 3.8 31.4 63.7 36.3 33.9 2.4 0.6 0.5 62.7 37.3 31.8 5.5 3.9 2.3 0.8 4.5 % 7.5 2.8

Sega Sammy Holdings, Inc. Earnings Information Earnings Information 2017 2018 2019 2020 2021 Net sales Overseas sales Cost of sales Gross profit Selling, general and administrative 366,939 41,546 231,261 135,678 millions of yen 323,664 55,671 202,930 120,734 331,648 53,745 211,199 120,449 366,594 75.351 230.092 136,502 108.859 277,748 millions of yen millions of yen millions of yen millions of yen 87,289 176,973 100,775 106,150 103.013 107.369 94.221 expenses 13,079 7,495 2.642 17,720 Operating income Ordinary income millions of yen millions of yen millions of yen 29.527 28,542 27.643 25.296 6,553 1,715 1,274 14,578 Profit attributable to owners of parent 27.607 8.930 13,775 Ratios Overseas sales ratio Cost of sales to net sales Gross profit to net sales SGA expenses to net sales Operating income margin Ordinary income to net sales Profit attributable to owners of parent to net sales 17.2 11.3 63.0 37.0 28.9 8.0 7.8 16.2 63.7 36.3 32.4 20.6 62.8 37.2 29.7 7.5 6.9 3.8 31.4 63.7 36.3 33.9 2.4 0.6 0.5 62.7 37.3 31.8 5.5 3.9 2.3 0.8 4.5 % 7.5 2.8

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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