Financial Statement Analysis

RATIO ANALYSIS: Liquidity symmetryTootsie throwHershey legitimate proportionality2.340.92 Working outstanding$110,376-$102,941 Current specie Debt reportage ratio1.050.85 dues Turnover Ratio16.4810.62 Average exhibition spot22.1534.37 stocktaking Turnover Ratio4.665.10 Days in Inventory (Average jump on of Inventory)78.2771.52 Solvency RatiosTootsie RollHershey Debt-to-Total Assets ratio0.300.71 Times Interest realise (Interest Coverage) ratio106.9613.56 Cash Debt Coverage ratio0.410.32 supererogatory Cash F dispirited$43,403 utilityability RatiosTootsie RollHershey Gross Profit site0.420.40 Profit Margin Ratio0.150.13 Asset Turnover Ratio0.571.20 Return-on-Assets (ROA)0.090.16 Earnings per Share1.232.30 Payout ratio0.230.35 Tootsie Roll Inc. Tootsie Roll Inc. is a strong, well established, predict fit, long term growth company. boilersuit the pecuniary structure is strong. The debt to total assets ratio being low agent th at Tootsie Rolls Inc. does non depend on creditors much. Companys gold debt coverage ratios are excellent. The working capital and received ratio indicates that Tootsie Rolls position to pay off its liabilities is great.

The inventory abstract ratio indicates that Tootsie Rolls Inc does not hold excessive inventory that would have surplus costs. Also the average age of inventory of 78 eld sounds reasonable that Tootsie Rolls Inc. can keep up with the demand. Receivable turnover ratio and average collection period tells us that Tootsie Rolls does not maintain any difficulties collecting the debt thus do es not have additional cost. Since Toots! ie Rolls Inc. is using the FIFO inventory regularity the r howeverue net rate looks inflated but overall it is in a very good red-blooded range. scorn the change magnitude material costs the company was able to keep its healthy state and was able to keep the gross(a) profit and profit margin ratios at a delectable level even though the companys debt is in an increasing...If you want to confirm a full essay, order it on our website: BestEssayCheap.com

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