FSA Ratios

3 Part DuPont (full)

(NI ÷ Rev) x (Rev ÷ TA) x (TA ÷ Equity)

3 Part DuPont (Short)

Net Profit Margin x TA Turnover x Equity Multiplier

ROIC

AT Op Profit / Avg. Invested Capital

Return on CE

NI - Preferred Div / Avg CE

Fixed Coverage Charge

EBIT + Lease PMTS / Interest PMTS + Lease PMTS

Interest Coverage

EBIT / Interest PMTs

Financial Leverage

Avg TA / Avg Equity

Total Debt

Interest bearing ST and LT debt

Cash Conversion Cycle

DSO + DOH - Days Payables

Defensive Interval

Cash + AR + ST Mkt Securities / Daily Cash Burn

Cash Ratio

Cash + ST Mkt Securities / CL

WC

CA - CL

When a ratio has both an IS and BS item

Average the BS item

Recievables Turnover

Rev / Recieve

Payables Turnover

COGS / Avg. Pay

Inventory Turnover

COGS / Avg. Inven

DSO

365 / Receive Turnover

DOH

365 / Inven Turnover

Days Payables

365 / Payable Turnover

Fixed Asset Turnover

Rev / Avg. Net Fixed Assets (- accum depre)

FCFF

FCFF = CFO + Int Expense (1-t) - net CAPEX

Tax Expense

Taxes Payable + Change in DTL - Change in DTA