Tips on how to best utilize this financial ratios calculator

1) The layout of the income statement and balance sheet are modeled after those found on Yahoo!® Finance.
2) Rename "Year 1", "Year 2", etc on the Income Statement to your actual years and they will automatically change t
3) To ensure accurate calculations, start with your oldest year's data first (This is the reverse of Yahoo!'s statement
4) These workbooks can be expanded beyond three years by doing the following:
a) Hold "ctrl" and select columns G and H, then push "ctrl + c" (The copy button will give you an error me
b) Go to column I, and right click - paste the formulas
c) Right click again on column I, and paste the formatting
d) Do this for each of the five workbooks
e) Repeat as necessary for subsequent years
5) Do not make any changes in the "CS IS", "CS BS", or "Ratios" workbooks - they should automatically calculate eve

©Eric Bridges, Portfolio Manag

Seidman Investment Portfolio O

Comments or feedback can be

ound on Yahoo!® Finance.
they will automatically change throughout the excel file.
e reverse of Yahoo!'s statements).

button will give you an error message for some reason, but this short-cut will work fine)

ould automatically calculate everything.

©Eric Bridges, Portfolio Manager

Seidman Investment Portfolio Organization, Winter 2012

Comments or feedback can be sent to bridgese@mail.gvsu.edu

Income Statement, amounts in US$
2012 Year 2 Y-o-Y Change Year 3
Revenues $30,000,000 -100.00%
COGS $23,000,000 -100.00%
Gross Profit $7,000,000 -100.00%

Operating Expenses:
R&D
SG&A
Non Recurring
Others
Total Op Expenses $4,625,000 -100.00%
Operating Income (Loss) $2,375,000 -100.00%
Total Other Income/Expenses
EBIT
Interest Expense $400,000 -100.00%
total $5,025,000
EBT $1,975,000 -100.00%
Income Tax Expense $900,000 -100.00%
Minority Interest
Net Income Continuing ops

Non-recurring Events:
Discontinued Ops
Extraordinary Items
Effect of Accounting Change
Other Items
Net Income $1,075,000 -100.00%
Preferred Stock/Adjustments
Net Income to Common Shares
Y-o-Y Change
Balance Sheet, amounts in US$
2012 Year 2 Y-o-Y Change Year 3
Assets
Current Assets
Cash and Cash Equivalents $150,000 -100.00%
Short Term Investments $200,000 -100.00%
Net Receivables $3,500,000 -100.00%
Inventory $4,100,000 -100.00%
Prepaid expenses $250,000 -100.00%
Total Current Assets $8,200,000 -100.00%

Long Term Investments

PP&E $8,200,000 -100.00%
Goodwill
Intangile Assets
Accumulated Amort $2,000,000 -100.00%
Other Assets
Deferred LT Asset Charges
Total non-current assets $6,200,000
Total Assets $14,400,000 -100.00%

Liabilities
Current Liabilities
Accounts Payable $2,500,000 -100.00%
Notes payable $1,600,000
Accruals $220,000
Current Income tax Payable $80,000
Short/Current LT Debt $4,200,000 -100.00%
Other CL
Total Current Liabilities $4,400,000 -100.00%

LT Debt
Other Liabilities
Deferred LT Liability Charges
Minority Interest
Negative Goodwill
Total Liabilities $8,600,000 -100.00%

Stockholders' Equity
Misc Stock Options/Warrants
Redeemable Preferred
Preferred Stock
Common Stock $2,500,000 -100.00%
Retained Earnings $3,300,000 -100.00%
Treasury Stock
Capital Surplus
Other Stockholder Equity
Total Stockholder Equity $5,800,000 -100.00%
Net Tangible Assets
Total equity and liabilities $14,400,000
Y-o-Y Change
Common Size Income Statement
2012 Year 2 Y-o-Y Change Year 3
Revenues 100.00%
COGS 76.67%
Gross Profit 23.33%

Operating Expenses:
R&D 0.00%
SG&A 0.00%
Non Recurring 0.00%
Others 0.00%
Total Op Expenses 15.42%
Operating Income (Loss) 7.92%
Total Other Income/Expenses 0.00%
EBIT 0.00%
Interest Expense 1.33%
EBT 6.58%
Income Tax Expense 3.00%
Minority Interest 0.00%
Net Income Continuing ops 0.00%

Non-recurring Events:
Discontinued Ops 0.00%
Extraordinary Items 0.00%
Effect of Accounting Change 0.00%
Other Items 0.00%
Net Income 3.58%
Preferred Stock/Adjustments 0.00%
Net Income to Common Shares 0.00%
Y-o-Y Change
Common Size Balance Sheet
2012 Year 2 Y-o-Y Change Year 3
Assets
Current Assets
Cash and Cash Equivalents 1.04%
Short Term Investments 1.39%
Net Receivables 24.31%
Inventory 28.47%
Prepaid expenses 1.74%
Total Current Assets 56.94%

Long Term Investments 0.00%

PP&E 56.94%
Goodwill 0.00%
Intangile Assets 0.00%
Accumulated Amort 13.89%
Other Assets 0.00%
Deferred LT Asset Charges 0.00%
Total Assets 100.00%

Liabilities
Current Liabilities
Accounts Payable 17.36%
Short/Current LT Debt 29.17%
Other CL 0.00%
Total Current Liabilities 30.56%

LT Debt 0.00%
Other Liabilities 0.00%
Deferred LT Liability Charges 0.00%
Minority Interest 0.00%
Negative Goodwill 0.00%
Total Liabilities 59.72%

Stockholders' Equity
Misc Stock Options/Warrants 0.00%
Redeemable Preferred 0.00%
Preferred Stock 0.00%
Common Stock 17.36%
Retained Earnings 22.92%
Treasury Stock 0.00%
Capital Surplus 0.00%
Other Stockholder Equity 0.00%
Total Stockholder Equity 40.28%
Net Tangible Assets 0.00%
Y-o-Y Change
Financial Ratios
2012 Year 2 Y-o-Y Change Year 3 Y-o-Y Change
Liquidity Ratios:
Current Ratio 1.86 Imperial ’s current Ratio as
Quick Ratio Quick Ratio of Imperials is n
Cash Conversion Cycle (CCC) 67.97
Debt to total assets ratio 0.31 Industry average is 55%.The
Debt to equity ratio 1.48 Industry average is 1.21 tim
Times interested earned
Average Collection Period

Asset Management Ratios:

Inventory Turnover Ratio 7.32 imperial's has seen a higher
Capital asset turnover ratio 4.90
Days Inventory Outstanding (DIO) 65.07
Days Sales Outstanding (DSO) 42.58
Total Asset Turnover (TAT) 2.08 industry average is 2.90.We

Debt Management Ratios:

Debt Ratio 60%
Debt to Equity 148% Debt to equity is higher in c
Days Payables Outstanding (DPO) 39.67
Interest Coverage (Times Interest Ea 0.00

Profitability Ratios:

Profit Margin on Sales 8% industry average is 9.10%. I

Return on revenue ratio 4% that is not good for the com
Gross Margin 23%
Basic Earning Power 0%
Return on Assets (ROA) 7% Return is coming from the a
Earning per share
Price earning ratio
Return on Equity (ROE) 19% Industry average is 21%. Im
Imperial ’s current Ratio as compared to its industry appears to be little less than industry average. the company can liquidate its current a
Quick Ratio of Imperials is not healthy (between 0.56x – 0.73x). This acid test shows us the company’s ability to pay off short term liabiliti

Industry average is 55%.Their debt to total assets ratio is lower then industrial ratio.
Industry average is 1.21 times.Debt to equity is higher in company how it supposed to be, here we have to take care about this.

imperial's has seen a higher inventory turnover ratio. This means that imperials is taking shorter time to process its inventory to finished g

industry average is 2.90.We note that the Asset Turnover for imperial's is showing a declining trend.

Debt to equity is higher in company.

industry average is 9.10%. Imperials is not doing good in terms of profit margin.
that is not good for the company. Industry average 2.10%. The company is profitable.

Return is coming from the assets its really good figure for their company

Industry average is 21%. Imperials in not profitable interms of shareholders view

mpany can liquidate its current assets and pay off its current liabilities and survive atleast for one operating cycle.
ility to pay off short term liabilities using Receivables and Cash & Cash Equivalent. Industry average is 1.03

o take care about this.

process its inventory to finished goods.Industry average is 7.0.