RATIO ANALYSIS Data for Barry Computer Co. and its industry averages follow. The firm’s debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, number of shares are shown in thousands too.
Barry Computer Company: Income Statement for Year Ended December 31, 2018 (in Thousands)
Sales | $ 1,607,500 | |
Cost of goods sold | ||
Materials | $ 717,000 | |
Labor | 453,000 | |
Heat, light, and power | 68,000 | |
Indirect labor | 113,000 | |
Depreciation | 41,500 | 1,392,500 |
Gross profit | $ 215,000 | |
Selling expenses | 115,000 | |
General and administrative expenses | 30,000 | |
Earnings before interest and taxes (EBIT) | $ 70,000 | |
Interest expense | 24,500 | |
Earnings before taxes (EBT) | $ 45,500 | |
Federal and State income taxes (40%) | 18,200 | |
Net income | $ 27,300 | |
Earnings per share | 0.75623 | |
Price per share on December 31, 2018 | $ 12.00 |
Ratio | Barry | Industry Average |
Current | _____ | 2.0× |
Quick | _____ | 1.3× |
Days sales outstanding | _____ | 35 days |
Inventory Turnover | _____ | 6.7× |
Total assets turnover | _____ | 3.0× |
Profit margin | _____ | 1.2% |
ROA | _____ | 3.6% |
ROE | _____ | 9.0% |
ROIC | _____ | 7.5% |
TIE | _____ | 3.0× |
Debt/Total capital | _____ | 47.0% |
M/B | _____ | 4.22 |
P/E | _____ | 17.86 |
EV/EBITDA | _____ | 9.14 |
*Calculation is based on a 365-day year.
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Principles of Economics (MindTap Course List)
Cornerstones of Financial Accounting
Corporate Financial Accounting
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Essentials of Business Communication (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Principles of Macroeconomics (MindTap Course List)
Financial & Managerial Accounting
Probability and Statistics for Engineering and the Sciences
Brief Principles of Macroeconomics (MindTap Course List)
Foundations of Business (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Accounting Information Systems
Financial And Managerial Accounting
Management, Loose-Leaf Version
Essentials of Economics (MindTap Course List)
Financial Accounting
College Accounting, Chapters 1-27
Accounting Information Systems
Managerial Accounting: The Cornerstone of Business Decision-Making
Intermediate Accounting: Reporting And Analysis
MKTG 12:STUDENT ED.-TEXT
Contemporary Marketing
College Accounting (Book Only): A Career Approach
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Accounting (Text Only)
Financial & Managerial Accounting
Statistics for Business & Economics, Revised (MindTap Course List)
College Accounting (Book Only): A Career Approach
Exploring Economics
Financial Accounting
Pkg Acc Infor Systems MS VISIO CD
Principles of Macroeconomics (MindTap Course List)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Economics For Today
Cornerstones of Cost Management (Cornerstones Series)
Macroeconomics
Practical Management Science
Microeconomics
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Survey of Accounting (Accounting I)
Corporate Financial Accounting
Purchasing and Supply Chain Management
Economics (MindTap Course List)
Micro Economics For Today
Microeconomics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
Managerial Accounting
Understanding Management (MindTap Course List)
Principles of Microeconomics
Macroeconomics: Private and Public Choice (MindTap Course List)