Financial Statement Analysis

RATIO ANALYSIS: Liquidity symmetryTootsie turn overHershey legitimate proportionality2.340.92 Working crown$110,376-$102,941 Current specie Debt reportage ratio1.050.85 receiv qualifieds Turnover Ratio16.4810.62 Average hookup spot22.1534.37 stocktaking Turnover Ratio4.665.10 Days in Inventory (Average fester 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 bighearted Cash F impression$43,403 serviceability 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, predictable, long term growth company. general the pecuniary structure is strong. The debt to total assets ratio being low agent tha t Tootsie Rolls Inc. does non depend on creditors much. Companys gold debt coverage ratios are excellent. The working capital and up-to-date ratio indicates that Tootsie Rolls position to pay off its liabilities is great.

The inventory lift ratio indicates that Tootsie Rolls Inc does not hold excessive inventory that would establish 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 does not have additional cost. Since Too! tsie Rolls Inc. is using the FIFO inventory regularity the r howeverue net rate looks inflated but general 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 complete(a) profit and profit margin ratios at a suitable 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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