UCSB ECON 118 Fulkerson W19 Final - Ratios

Current Ratio

CA / CL

Quick Ratio (Acid Test)

(Cash + Cash Equivalents + Marketable Securities + AR) / CL

OCF (Operating Cash Flow) to CL Ratio

Cash Flow from Operations / Avg. CL

AR Turnover

Sales / Avg. AR

Inventory Turnover

COGS / Avg. Inventory

AP Turnover

Purchases / Avg. AP

Liabilities to Assets Ratio

Total Liabilities / Total Assets

Liabilities to SE Ratio

Total Liabilities / Total SE

LTD (Long-term Debt) to LTC (Long-term Capital) Ratio (or Total Capital Ratio)

LTD / (LTD + Total SE)

LTD to SE (Leverage) Ratio

Total LTD / Total SE

Interest Coverage (Times Earned) Ratio

(NI + Interest Expense + Income Tax Expense + NI Attributable to NCI) / Interest Expense

OCF to Total Liabilities Ratio

Cash Flow from Operations / Avg. Total Liabilities

Return on Asset (ROA)

[NI + (1 - Tax Rate)(Interest Expense) + NCI Income] / Avg. Total Assets

ROA Profit Margin

[NI + (1 - Tax Rate)(Interest Expense) + NCI Income] / Sales

Total Assets Turnover

Sales / Avg. Total Assets

Return on Common Equity (ROCE)

(NI - Preferred Stock Dividends) / Avg. Common SE

ROCE Profit Margin

(NI - NCI Income - Preferred Stock Dividends) / Sales

Capital Structure Leverage

Avg. Total Assets / Avg. Common SE

Operating ROA

[NI + (1 - Tax Rate)(Interest Expense) + NCI Income] / Avg. Net Operating Assets

Net Borrowing Rate

Net Financing (Interest) Expense of Tax / Avg. Financial Obligations

Price to Earnings Ratio

Market Share Price / EPS

Tangible Book Value

Total Assets - Intangible Assets - Goodwill - Total Liabilities

Tangible Book Value Per Share

Tangible Book Value / Weighted Avg. # Shares Outstanding

Earnings Per Share (EPS)

(NI - Preferred Dividends) / Weighted Avg. # Shares Outstanding

Diluted EPS

(NI - Preferred Dividends + Adjustments for Dilutive Securities) / Weighted Avg. # Common Shares Outstanding + Weighted Avg. # shares issuable from dilutive securities