which company is more profitable and why?
Nike
Risk Ratios
1. Current Ratio: 26.291 / 9.674 = 2.717
2. Inventory Turnover Ratio: 24.576 / (7.367 + 6.854) / 2) = 3.456
3. Debt to Equity Ratio: 24.973 / 37.74 = 0.66
4. Time Interest Earned Ratio: 6.937 / 0.298 = 23.27
Profitability Ratios
1. Return on Assets: 5.727 / (37.74 + 31.342) / 2) = 0.17
2. Asset Turnover: 44.538 / 34.541 =1.29
3. Profit Margin: 5.727 / 44.538 = 0.13
Home depot INC
Amount in million
Risk Ratios
Receivables turnover ratio: Net Sales ÷ (Average Accounts receivable /2)
38,908 ÷ [ (3,936 + 3,426) /2] = 10.57 Times
Average collection period: 365 ÷ Receivables Turnover ratio
365 ÷ 10.57 = 34.5 days
Current ratio: current assets ÷ current liabilities
33,867 ÷ 33,387= 1.1 to 1
Debt to equity ratio: Total liabilities ÷ stockholders’equity
78,276 ÷ (-1,709) = -458.03 %
Profitability ratios
Gross profit ratio: Gross profit ÷ Net sales
(38,908 – 25,763) ÷ 38,908 = 166.2 %
Profit margin: Net income ÷ Net sales
5,929 ÷ 38,908 = 15.2 %
Asset turnover: Net sales ÷ Average total assets
38908 ÷ [ (76,567 + 71,876) /2] = 0.5 times