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Financial Statement Analysis

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Financial Statement Analysis
Meghna Oil Limited MJL Bangladesh Limited
Items 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 Items 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011
Lequidity Rarios Lequidity Rarios
(1) Current Ratio 1.05 1.08 1.09 1.07 1.1 (1) Current Ratio 1.36 1.45 1.68 2.41 1.48
(2) Quick Ratio 0.54 0.75 0.58 0.77 0.86 (2) Quick Ratio 0.87 0.78 0.89 1.81 1.04
Operating Ratios Operating Ratios
(3) Accounts Receivable Turnover Ratio 10.6 7.87 11.58 6.59 9.21 (3) Accounts Receivable Turnover Ratio
(4) Inventory Turnover Ratio 9.21 16.11 10.72 12.32 17.79 (4) Inventory Turnover Ratio 4.53 1.98 2.63 2.78 2.53
(5) Asset Turnover Ratio 4.38 4.66 4.86 3.38 3.77 (5) Asset Turnover Ratio 1.39 0.99 1.16 0.77 0.53
Profitability Ratios Profitability Ratios
(6) Gross Margin Ratio 1.17 1.4 0.94 1.2 1.19 (6) Gross Margin Ratio 22.88 26 25.95 25.64 18.79
(7) Operating Income Ratio 0.74 1.01 0.87 1.01 1.48 (7) Operating Income Ratio
(8) Net Income Ratio (Before Tax) 0.7 0.96 0.83 0.96 1.4 (8) Net Income Ratio (Before Tax) 11.03 13.72 10.38 12.85 9.62
(9) Return on Assets Ratio 3.24 4.71 4.24 3.41 5.58 (9) Return on Assets Ratio 15.36 13.97 12.34 9.98 5.58
(10) Return on Equity Ratio 28.63 37.36 31.08 31.32 40.46 (10) Return on Equity Ratio 29.53 31.5 22.53 15.63 9.26
(11) Earning Per Share (EPS) Tk (11) Earning Per Share (EPS) Tk 7.39 11.48 2.45 2.7 3.38
Solvency Ratios Solvency Ratios
(12) Debt to Equity Ratio 13.99 10.65 9.38 11.91 9.21 (12) Debt to Equity

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