financial ratios of toyota
TRANSCRIPT
Financial Ratios Of Toyota Company
Submitted By:Arpit Panchal – 10030141025
Prabhjot Arora – 10030141047 Sandeep Rawat – 10030141070
Shweta Gupta - 10030141130
Liquidity Ratios
Current Ratio Current Ratio = Current Assets/ Current
Liabilities
Interpretation:
Year Current Assets
Current Liabilities
Current Ratio
2005 9441984.268 8225233.718 1.002762
2006 10734330.00 10018708 1.071429
2007 11789055.17 11756578.43 1.147929
Quick Ratio
Quick Ratio =Cash + Account Receivables/Current
Liabilities
Interpretation:`
Year Cash Account Receivable
s
Current Liabilities
Quick Ratio
2005 1484435.671
5061682.288
8225233.718
.79585
2006 1574368.400
5896725.28 10018708 .74571
2007 1916127.424
6560300.672
11756578.43
.72099
Cash Ratio
Cash Ratio = Cash /Current Liabilities
Interpretation:
Year Cash Current Liabilities
Cash Ratio
2005 1484435.67 8225233.718 .1804
2006 1574368.4 10018708 .1571
2007 1916127.42 11756578.43 .1629
Structural Ratios
Debt -Equity Ratio
Debt-Equity Ratio = Debt/Equity
Interpretation:
Year Short Term Debt
Long Term Debt
Equity Debt To Equity Ratio
2005 3528576.595
5013012.266
9101294.114
.93850
2006 4751730.08 5639101.36 10619830.48
.97843
2007 5878289.216
6268010.048
11854008.64
1.0245
Long Term Debt To Equity Ratio
Long Term Debt to Equity Ratio = Long Term Debt / Equity
Interpretation:
Year Long Term Debt
Equity Long term Debt TO
Equity Ratio
2005 5013012.266 9101294.114 .55080
2006 5639101.36 10619830.48 .53099
2007 626810.048 11854008.64 .52876
Debt To Asset Ratio
Debt To Asset Ratio = Short Term Debt+ Long Term Debt / Total
Assets
Interpretation:
Year Short Term Debt
Long Term Debt
Asset Debt To Asset Ratio
2005 3528576.595
5013012.266
24335011 0.374
2006 4751730.08 5639101.36 28624880 0.363
2007 5878289.216
6268010.048
32476736 0.351
Total Long Term Debt Ratio
Total Long Term Debt Ratio = Long Term Debt / Total Assets – Current
Liabilities
Interpretation:
Year Long Term Debt
Total Asset Current Liabilities
Total Long Term Debt
Ratio
2005 5013012.266
24335011 8225233.718
.311178
2006 5639101.36 28624880 10018708 .303077
2007 6268010.048
32476736 11756578.43
.302508
Current Asset To Total Debt Ratio
Current Asset To Total Ratio = Current Asset / Total Debt
Interpretation:
Year Short Term Debt
Long Term Debt
Current Asset
Current Asset To
Total Debt Ratio
2005 3528576.595
5013012.266
9441984.268
1.1054
2006 4751730.08 5639101.36 10734330.00
1.0330
2007 5878289.216
6268010.048
11789055.17
.97058
Turnover Ratios
Current Assets Turnover Ratio
Current Assets Turnover Ratio = Net Sales / Average Current
Assets
Interpretation:
Year Net Sales Avg. Current Assets
Current Asset Turnover
Ratio
2005 18551526 9441984.26 1.964791
2006 21036909 10734330.0 1.959778
2007 23948091 11789055.17 2.031383
Inventory Turnover Ratio
Inventory Turnover Ratio = Net Sales / Average
Inventory
Interpretation:
Year Net Sales Avg. Inventory
Inventory Turnover
Ratio
2005 18551526 1314090.59 14.11739
2006 21036909 1631618.16 12.89328
2007 23948091 1818697.22 13.16772
Work In Progress Turnover Ratio
Work In Progress Turnover Ratio =Cost Of Goods Sold / Avg. Work In
Progress
Interpretation:
Year Cost Of Goods Sold
Avg. WIP W.I.P Turnover
Ratio
2005 13802335.34 170345.077 81.0257
2006 15735607.93 228999.04 68.7147
2007 17841327.8 227337.152 78.4796
Finished Goods Turnover Ratio
Finished Goods Turnover Ratio = Costs Of Goods Sold / Avg. Finished
Goods
Interpretation:
Year Costs Of Goods Sold
Avg. Finished Goods
F.G Turnover Ratio
2005 13802335.34 900395.407 15.3291
2006 15735607.93 1087745.44 14.4662
2007 17841327.8 1201639.232 14.8474
Total Assets Turnover Ratio
Total Assets Turnover Ratio = Net Sales / Average Total Assets
Interpretation:
Year Net Sales Avg. Total Assets
Total Asset Turnover
Ratio
2005 18551526 24335011 .762339
2006 21036909 28624880 .734917
2007 23948091 32476736 .737392
Fixed Assets Turnover Ratio
Fixed Asset Turnover Ratio = Net Sales / Average Fixed Assets
Interpretation:
Year Net Sales Avg. Fixed Assets
Fixed Asset Turnover
Ratio
2005 18551526 14065636 1.318925
2006 21036909 15858184 1.326565
2007 23948091 17537437 1.364451
Profitability Ratios
Return on Asset Ratio
Return on Asset = Profit Before Tax/Total Asset
Interpretation:
Year Profit Before Tax
Total Asset Return on Asset Ratio
2005 2671419.744 24335011 .1097
2006 3218647.077 28624880 .1124
2007 3711954.105 32476736 .1142
Return on Equity Ratio
Return on Equity = Net Profit/Equity
Interpretation:
Year Net Profit Equity Return on Equity Ratio
2005 1168746.138 9101294.114 .128415
2006 1367399.085 10619830.48 .128759
2007 1652418.279 11854008.64 .139397
Return on Investment ratio
Return on Investment = EBIT/Total Assets
Interpretation:
Year EBIT Total Assets ROI Ratio
2005 1780946.49 24335011 .0731
2006 2103690.9 28624880 .0734
2007 2442705.28 32476736 .0752
Operating Margin
Operating Margin = Operating Income/Sales
Interpretation:
Year Operating Income
Sales Operating Margin
2005 1632534.288 18551526 .088
2006 1872284.901 21036909 .089
2007 2227172.463 23948091 .093
EBITDA Margin Ratio
EBITDA = EBITDA/Net Sales
Interpretation:
Year EBITDA Net Sales
EBITDA Margin
2005 2764177.374 18551526
14.9
2006 3323831.622 21036909
15.8
2007 33807746.469
23948091
15.9
Gross Profit Margin
Gross Margin = Profit/ Net Sales
Interpretation:
Year Gross Profit Net Sales Gross Profit Margin
2005 4749191 18551526 25.6
2006 5301301 21036909 25.2
2007 6106763 23948091 25.5
Net Profit Margin
Net Profit Margin = Profit Before Tax/ Net Sales
Interpretation:
Year Profit Before Tax
Net Sales Net Profit Margin
2005 1762394.97 18551526 9.5
2006 2082653.991 21036909 9.9
2007 2370861.009 23948091 9.9
Return on Capital Employed
Return on Capital Employed = EBIT/(Total Assets – Current Liabilities)
Interpretation:
Year EBIT Total Assets
Current Liabilities
Return on Capital Employed Ratio
2005 1780946.49
24335011 8225233.718
.11055
2006 2103690.9 28624880 10018708 .11306
2007 2442705.28
32476736 11756578.43
.11789
Time Interest Earned Ratio
Time Interest Earned Ratio = EBIT/ Interest
Interpretation:
Year EBIT Interest Time Interest Earned Ratio
2005 1780946.49 92757.63 19.2
2006 2103690.9 105184.54 20
2007 2442705.28 95792.36 25.5
Interest Coverage Ratio
Interest Coverage Ratio = EBITDA/Interest
Interpretation
Year EBITDA Interest Interest Coverage Ratio
2005 2764177.374 92757.63 29.8
2006 3323831.622 105184.54 31.6
2007 33807746.469 95792.36 39.75
Sales to Cash Ratio
Sales to Cash Ratio = Sales/Cash
Interpretation
Year Net Sales Cash Sales to Cash Ratio
2005 18551526 1484435.67
12.4973
2006 21036909 1574368.4 13.3621
2007 23948091 1916127.42
12.4981
Sales to Net Income Ratio
Sales to Net Income = Sales/Net Income
Interpretation
Year Sales Net Income Sales to Net Income Ratio
2005 18551526 1168746.138 15.873
2006 21036909 1367399.085 15.384
2007 23948091 1652418.279 14.490
EAT on Sales
EAT on Sales = EAT/Sales
Interpretation:
Year EAT Sales EAT on Sales
2005 1113091.56 18551526 .060
2006 1283251.45 21036909 .061
2007 1460833.55 23948091 .061
Working Capital Ratios
Net Working Capital to Total Assets
Net Working Capital to Total Assets = Net Working Capital/ Total Assets
Interpretation:
Year Working Capital
Total Assets Net Working Capital to Total Assets
2005 1216751 24335011 .05
2006 715622 28624880 .025
2007 32476.74 32476736 .001