Professional Documents
Culture Documents
2001
8,293,097
6,451,548
106,921,756
22,355,163
144,021,564
221,737,590
104,486
365,863,640
2004
10,484,357
15,911,828
116,224,860
58,776,781
201,397,826
229,513,266
940,765
431,851,857
2005
10,870,942
1,692,232
20,092,443
44,576,828
77,232,445
230,539,794
668,285
308,440,524
2001
2.27
1.76
29.22
6.12
39.36
60.61
0.03
100.00
2002
20.62
0.57
26.10
8.69
55.98
43.92
0.10
100.00
Liabilities
Accounts & Bills Payables
Other Current Liabilities
Total Current Liabilities
Deffered Liabilities
Long Term Debts
Surplus on Revaluation
Total Liabilities
Share Capital
Accumulated Profit (Loss)
Total Shareholder`s Equity
Total Liabilities & Share Equity
2,755,301
89,398,088
92,153,389
1,874,600
190,461,989
52,233,851
336,723,829
80,000,000
(50,860,193)
29,139,807
365,863,636
153,788,300
55,222,133
209,010,433
1,711,997
183,039,281
51,758,367
445,520,078
80,000,000
(37,784,119)
42,215,881
487,735,959
73,427,723
76,683,284
150,111,007
31,806,028
15,000,000
26,264,622
223,181,657
80,000,000
128,670,200
208,670,200
431,851,857
1,754,359
62,821,243
64,575,602
32,139,635
24,333,281
121,048,518
80,000,000
107,692,006
187,692,006
308,740,524
0.75
24.44
25.19
0.51
52.06
14.28
92.04
31.53
11.31
42.85
0.35
37.53
10.61
91.34
0.66
29.74
30.40
7.95
40.05
7.00
85.40
17.00
17.76
34.76
7.37
3.47
6.08
51.68
7.96
100.00
8.66
100.00
14.60
100.00
48.32
100.00
2004
848,182,252
816,028,743
32,153,509
14,223,499
17,930,010
528,679
18,458,689
9,206,816
9,251,873
4,300,000
4,951,873
144,570,281
149,522,154
2005
396,373,489
407,751,591
(11,378,102)
11,715,487
(23,093,589)
57,423
(23,036,166)
7,046,755
(30,082,921)
2,082,185
(32,165,106)
9,255,571
(22,909,535)
2001
100.00
93.92
6.08
1.03
5.05
0.05
5.11
4.46
0.64
0.50
0.14
0.14
2002
100.00
92.90
7.10
1.82
5.28
0.20
5.48
3.17
2.31
0.50
1.81
1.81
2,599,349
117,556,759
120,156,108
31,408,931
158,289,281
27,671,252
337,525,572
80,000,000
(22,258,584)
57,741,416
395,266,988
Common Size %
2003
2004
1.97
2.43
0.05
3.68
30.18
26.91
13.87
13.61
46.07
46.63
53.78
53.15
0.15
0.22
100.00
100.00
Sales
Cost of Sales
Gross Profit / (Loss)
Selling & Admin Expenses
Operating Profit
Other Income
Profit Before Interest & Taxes
Interest
Profit Before Taxes
Income Tax
Profit After Taxes
Profit from Extra-Ordinary Activities
Net Profit / (Loss)
2001
829,582,104
779,132,005
50,450,099
8,518,748
41,931,351
426,507
42,357,858
37,023,237
5,334,621
4,158,381
1,176,240
1,176,240
TABLE 3-1
Common Size %
2003
2004
100.00
100.00
95.35
96.21
4.65
3.79
1.44
1.68
3.21
2.11
0.18
0.06
3.39
2.18
0.56
1.09
2.83
1.09
2.19
0.51
0.64
0.58
17.04
0.64
17.63
Common Size %
2005
3.52
0.55
6.52
14.45
25.04
74.74
0.22
100.00
0.57
20.35
20.92
10.41
7.88
39.21
60.79
100.00
Common Size %
2005
100.00
102.87
(2.87)
2.96
(5.83)
0.01
(5.81)
1.78
(7.59)
0.53
(8.11)
2.34
(5.78)
2001
8,293,097
6,451,548
106,921,756
22,355,163
144,021,564
221,737,590
104,486
365,863,640
2004
10,484,357
15,911,828
116,224,860
58,776,781
201,397,826
229,513,266
940,765
431,851,857
2005
10,870,942
1,692,232
20,092,443
44,576,828
77,232,445
230,539,794
668,285
308,440,524
2001
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
2002
1,212.91
43.19
119.04
189.61
189.58
96.60
485.41
133.31
Liabilities
Accounts & Bills Payables
Other Current Liabilities
Total Current Liabilities
Deffered Liabilities
Long Term Debts
Surplus on Revaluation
Total Liabilities
Share Capital
Accumulated Profit (Loss)
Total Shareholder`s Equity
Total Liabilities & Share Equity
2,755,301
89,398,088
92,153,389
1,874,600
190,461,989
52,233,851
336,723,829
80,000,000
(50,860,193)
29,139,807
365,863,636
153,788,300
55,222,133
209,010,433
1,711,997
183,039,281
51,758,367
445,520,078
80,000,000
(37,784,119)
42,215,881
487,735,959
73,427,723
76,683,284
150,111,007
31,806,028
15,000,000
26,264,622
223,181,657
80,000,000
128,670,200
208,670,200
431,851,857
1,754,359
62,821,243
64,575,602
32,139,635
24,333,281
121,048,518
80,000,000
107,692,006
187,692,006
308,740,524
100.00
100.00
100.00
100.00
100.00
100.00
100.00
5,581.54
61.77
226.81
91.33
96.10
99.09
132.31
94.34
131.50
130.39
1,675.50
83.11
52.98
100.24
2,664.96
85.78
162.89
1,696.68
7.88
50.28
66.28
100.00
100.00
144.87
133.31
198.15
108.04
716.10
118.04
2004
848,182,252
816,028,743
32,153,509
14,223,499
17,930,010
528,679
18,458,689
9,206,816
9,251,873
4,300,000
4,951,873
144,570,281
149,522,154
2005
396,373,489
407,751,591
(11,378,102)
11,715,487
(23,093,589)
57,423
(23,036,166)
7,046,755
(30,082,921)
2,082,185
(32,165,106)
9,255,571
(22,909,535)
2001
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
2002
87.17
86.22
101.81
154.38
91.13
334.75
93.58
61.96
313.08
87.18
1,111.68
1,111.68
2,599,349
117,556,759
120,156,108
31,408,931
158,289,281
27,671,252
337,525,572
80,000,000
(22,258,584)
57,741,416
395,266,988
Index %
2003
94.12
3.19
111.56
245.14
126.44
95.88
553.84
108.04
2004
126.42
246.64
108.70
262.92
139.84
103.51
900.37
118.04
Sales
Cost of Sales
Gross Profit / (Loss)
Selling & Admin Expenses
Operating Profit
Other Income
Profit Before Interest & Taxes
Interest
Profit Before Taxes
I. Tax
Profit After Taxes
Profit from Extra-Ordinary Activities
Net Profit / (Loss)
2001
829,582,104
779,132,005
50,450,099
8,518,748
41,931,351
426,507
42,357,858
37,023,237
5,334,621
4,158,381
1,176,240
1,176,240
TABLE 2-1
Index %
2003
107.54
109.17
82.23
151.31
68.20
380.72
71.34
13.48
472.96
470.28
482.42
482.42
2004
102.24
104.74
63.73
166.97
42.76
123.96
43.58
24.87
173.43
103.41
420.99
12,711.87
Index %
2005
131.08
26.23
18.79
199.40
53.63
103.97
639.59
84.30
63.67
70.27
70.07
1,714.48
46.59
35.95
644.11
84.39
Index %
2005
47.78
52.33
(22.55)
137.53
(55.07)
13.46
(54.38)
19.03
(563.92)
50.07
(2,734.57)
(1,947.69)
Current Ratio =
Current Ratio
Current Assets
Current Liabilities
2005
92,532,445
64,575,602
1.43
2004
201,397,826
135,111,007
1.49
2003
182,096,011
120,156,106
1.52
Debt to Equity
Ratio
Debts to Total
Assets Ratio
Coverage Ratio
2005
72,440,002
64,575,602
1.12
2004
85,172,966
135,111,007
0.63
2003
62,813,027
120,156,106
0.52
Total Debts*
Shareholder`s Equity
*Note-
Total Debts =
2005
64,575,602
187,692,006
0.34
2004
165,111,007
208,670,200
0.79
Total Debts
Total Assets
2005
64,575,602
323,740,524
0.20
2004
165,111,007
431,851,857
0.38
2003
278,445,387
395,266,986
0.70
2004
155,273,533
2003
30,273,789
Coverage Ratio
Receivable Turn
over Ratio (RT)
7,351,834
3.09
9,423,329
16.48
5,079,279
5.96
2005
396,373,489
15,281,607
25.94
2004
365
25.94
14.07
2005
353,488,748
1,754,359
201.49
365
7.76
47.04
365
7.87
46.38
2004
704,763,955
73,427,723
9.60
2003
794,989,522
2,599,349
305.84
Inventory Turnover
Ratio
2003
PTD (Days)
2003
892,093,101
113,385,812
7.87
RTD (Days)
2004
848,182,252
109,241,213
7.76
2004
365
201.49
2
2003
365
9.60
38
365
305.84
1
2004
816,028,743
2003
850,607,432
15,281,607
26.68
2005
2004
365
26.68
14
Profitability Ratio in
Relation to Sales
Profitability Ratio in
Relation to Investment
2003
365
7.47
49
365
7.50
49
Net Sales
Total Assets
113,385,812
7.50
Days in theYear
Inventory Turnover
Inventory Turnover
in Days
ITD (Days)
109,241,213
7.47
2005
396,373,489
323,740,524
1.22
2004
848,782,252
431,851,857
1.97
2003
892,093,101
395,266,986
2.26
2004
32,153,509
848,182,252
3.79%
2003
41,485,669
892,093,101
4.65%
2004
149,522,154
848,182,252
17.63%
2003
5,674,461
892,093,101
0.64%
2004
149,522,154
431,851,857
2003
5,674,461
395,266,896
Profit Ratio-Investment
Return on Equity
Return on Equity
-7.08%
34.62%
1.44%
2004
149,522,154
208,670,200
71.65%
2003
5,674,461
57,741,416
9.83%
2002
273,039,409
209,020,433
1.31
2001
144,021,561
130,453,793
1.10
2001
37,099,808
130,453,793
0.28
2001
282,615,378
29,139,807
9.70
2002
392,059,714
487,039,409
0.80
2001
282,615,378
365,863,363
0.77
2001
42,357,858
22,937,944
1.73
37,023,237
1.14
2002
2001
829,582,104
6,451,548
128.59
2001
365
259.53
1.41
365
128.59
2.84
2002
649,065,255
153,798,300
4.22
2001
740,322,024
2,755,301
268.69
2002
2001
365
4.22
86
365
268.69
1
2002
671,766,118
2001
779,132,005
120,707,164
5.57
2002
99,301,000
7.85
2001
365
5.70
64
365
7.85
46
2002
723,129,370
487,745,959
1.48
2001
829,582,104
365,863,636
2.27
X 100
2001
50,450,049
829,582,104
6.08%
X 100
2002
13,076,074
723,129,370
1.81%
2001
1,176,240
829,582,104
0.14%
X 100
2002
13,076,074
487,745,959
2001
1,176,240
365,863,636
2.68%
2002
13,076,074
42,215,881
30.97%
0.32%
2001
1,176,240
29,139,807
4.04%
Current Ratio =
Current Ratio
Current Assets
Current Liabilities
2001
144,021,561
130,453,793
1.10
2002
273,039,409
209,020,433
1.31
2003
182,096,011
120,156,106
1.52
2004
201,397,826
135,111,007
1.49
2005
92,532,445
64,575,602
1.43
2001
37,099,808
130,453,793
0.28
2002
145,762,020
209,020,433
0.70
2003
62,813,027
120,156,106
0.52
2004
85,172,966
135,111,007
0.63
2005
72,440,002
64,575,602
1.12
Total Debts*
Shareholder`s Equity
*Note- Total Debts = Long Term Debts + Current Liabilities
Interest Coverage
Ratio =
Coverage Ratio
Receivable Turn
over Ratio (RT) =
2001
282,615,378
29,139,807
9.70
2002
392,059,714
42,215,881
9.29
2003
278,445,387
57,741,416
4.82
2004
165,111,007
208,670,200
0.79
2005
64,575,602
##########
0.34
2003
278,445,387
395,266,986
0.70
2004
165,111,007
431,851,857
0.38
2005
64,575,602
##########
0.20
Total Debts
Total Assets
2001
282,615,378
365,863,363
0.77
2002
392,059,714
487,039,409
0.80
2002
39,639,367
22,937,944
1.73
2003
30,273,789
5,079,279
5.96
2004
155,273,533
9,423,329
16.48
2005
22,731,087
7,351,834
3.09
RT Ratio
2001
829,582,104
4,427,124
187.39
2002
723,129,370
4,618,903
156.56
2003
892,093,101
1,495,913
596.35
2004
848,182,252
8,058,699
105.25
2005
##########
16,452,030
24.09
Receivable Turn
over Ratio in =
Days(RTD)
RTD (Days)
2001
625,980,838
36,398,665
17.20
2002
2004
704,849,065
38,013,536
18.54
2005
##########
37,591,041
9.40
2003
365
8.29
44
2004
365
10.17
36
365
18.54
20
2003
850,607,432
117,046,488
7.27
2004
816,028,743
111,313,513
7.33
2005
365
9.40
39
2002
671,766,118
110,004,082
6.11
2005
##########
62,261,410
6.55
Days in theYear
Inventory Turnover
2001
2002
365
6.14
59
2003
365
6.11
60
2004
365
7.27
50
365
7.33
50
2003
892,093,101
395,266,986
2.26
2004
848,782,252
431,851,857
1.97
2005
365
6.55
56
Net Sales
2002
649,150,365
78,276,801
8.29
365
17.20
21
Inventory Turnover
in Days
2003
795,074,632
78,198,825
10.17
2005
365
24.09
15
Payable Turnover
Inventory Turnover
Ratio =
ITD (Days)
365
105.25
3
2001
2004
365
596.35
1
Accounts Payables
PTD (Days)
2003
365
156.56
2
2002
365
187.39
2
Total Assets
2001
829,582,104
365,863,636
2.27
2002
723,129,370
487,745,959
1.48
2005
##########
##########
1.22
X 100
Profitability Ratio in =
Relation to Investment
Profit Ratio-Investment
Return on Equity =
Return on Equity
X 100
Net Sales
2001
50,450,049
829,582,104
6.08%
2002
51,363,252
723,129,370
7.10%
2004
32,153,509
848,182,252
3.79%
2005
(11,378,102)
##########
-2.87%
2004
149,522,154
848,182,252
17.63%
2005
(22,909,575)
##########
-5.78%
2003
5,674,461
395,266,896
1.44%
2004
149,522,154
431,851,857
34.62%
2005
(22,909,575)
##########
-7.08%
2003
5,674,461
57,741,416
9.83%
2004
149,522,154
208,670,200
71.65%
2005
(22,909,575)
##########
-12.21%
X 100
2002
13,076,074
723,129,370
1.81%
2003
41,485,669
892,093,101
4.65%
2003
5,674,461
892,093,101
0.64%
X 100
2002
13,076,074
487,745,959
2.68%
2002
13,076,074
42,215,881
30.97%
1.14
0.46
2.29
0.53
-0.07
25.65
14 Days
20.17
18 Days
6.64
55 Days
2.17
2.93%
-1.62%
Return on Investment
-3.51%
Return on Equity
-15.17%
Trend Analysis
Selected Financial Ratios of Kashmir Edible Oils Limited for Fiscal Years 2001 - 2005
2001
2004
2005
Industry
Median
2005
Liquidity
Current Ratios
Acid Test Ratio
1.10
0.28
1.31
0.70
1.52
0.52
1.49
0.63
1.43
1.12
1.14
0.46
9.70
0.77
9.29
0.80
4.82
0.70
0.79
0.38
0.34
0.20
2.29
0.53
1.14
1.73
5.96
16.48
3.09
-0.07
2
21
59
2.27
2
44
60
1.48
1
36
50
2.26
3
20
50
1.97
15
39
56
1.22
6.08%
0.14%
0.32%
4.04%
7.10%
1.81%
2.68%
30.97%
4.65%
0.64%
1.44%
9.83%
3.79%
17.63%
34.62%
71.65%
-2.87%
-5.78%
-7.08%
-12.21%
Leverage
Debt to Equity Ratio
Debt to Total Assets
Coverage
Interest Coverage Ratio
Activity
Receivable Turnover Days
Payable Turnover Days
Inventory Turnover Days
Total Assets Turnover
14 Days
18 Days
55 Days
2.17
Profitability
Gross Profit Ratio
Net Profit Margin
Return on Investment
Return on Equity
TABLE 4-1
2.93%
-1.62%
-3.51%
-15.17%
Year
2002
2003
2004
2005
Allocation in Amount
Fixed Assets
Long Term Investmetns
Current Assets
221,737,590
104,486
144,021,564
214,199,365
507,185
273,039,409
212,592,290
578,685
182,096,011
229,513,266
940,765
201,397,826
230,539,794
668,285
77,232,445
Total Assets
365,863,640
487,745,959
395,266,986
431,851,857
308,440,524
Year
Allocation in Percentage(%)
Fixed Assets
Current Assets
Long Term Investmetns
Total Assets
2001
60.61%
39.36%
0.03%
2002
43.92%
55.98%
0.10%
2003
53.78%
46.07%
0.15%
2004
53.15%
46.63%
0.22%
2005
74.74%
25.04%
0.22%
100.00%
100.00%
100.00%
100.00%
100.00%
80.00%
70.00%
60.00%
50.00%
Fixed Assets
40.00%
Current Assets
30.00%
20.00%
10.00%
0.00%
2001
2002
2003
2004
2005
Years
80.00%
Percentage 60.00%
Percentage 60.00%
of Funds 40.00%
Allocation
20.00%
Allocation
of Funds
Fixed Assets
Current Assets
2005
2004
2003
Years
2002
2001
0.00%
erm Investmetns