Statement 8 : Selected Financial Ratios of the Selected 853 Private Limited Companies - Industry-Wise, 1994-95 to 1996-97 (Part 1 of 3) - ಆರ್ಬಿಐ - Reserve Bank of India
Statement 8 : Selected Financial Ratios of the Selected 853 Private Limited Companies - Industry-Wise, 1994-95 to 1996-97 (Part 1 of 3)
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(Per cent) |
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Tea (20) |
Metal mining (5) |
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SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
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A. |
Capital structure ratios |
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1. |
Net fixed assets to total net assets |
31.0 |
29.2 |
28.8 |
31.6 |
31.2 |
32.6 |
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2. |
Net worth to total net assets |
17.8 |
16.4 |
17.5 |
2.5 |
18.9 |
20.0 |
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3. |
Debt to equity |
159.5 |
155.2 |
148.8 |
255.7 |
18.1 |
120.2 |
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4. |
Debt to equity |
192.1 |
169.8 |
193.8 |
# |
184.7 |
# |
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(equity adjusted for revaluation reserve) |
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5. |
Short term bank borrowings to inventories |
238.4 |
228.1 |
168.2 |
53.0 |
9.0 |
1.9 |
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6. |
Total outside liabilities to net worth |
462.5 |
510.5 |
471.4 |
# |
429.3 |
399.4 |
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B. |
Liquidity ratios |
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7. |
Current assets to current liabilities * |
1.1 |
1.1 |
1.1 |
0.7 |
0.8 |
1.1 |
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8. |
Quick assets to current liabilities |
30.1 |
31.9 |
31.1 |
6.7 |
11.2 |
13.7 |
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9. |
Current assets to total net assets |
58.5 |
61.1 |
61.7 |
62.2 |
62.1 |
57.8 |
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10. |
Sundry creditors to current assets |
20.4 |
19.7 |
20.3 |
26.5 |
17.2 |
24.8 |
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11. |
Sundry creditors to net working capital |
239.5 |
299.0 |
197.6 |
# |
# |
266.6 |
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C. |
Assets utilization and turnover ratios |
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12. |
Sales to total net assets |
73.5 |
82.8 |
81.1 |
59.4 |
77.5 |
49.4 |
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13. |
Sales to gross fixed assets |
137.9 |
160.6 |
157.7 |
87.4 |
107.3 |
64.8 |
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14. |
Inventories to sales |
12.1 |
10.6 |
11.2 |
37.3 |
35.6 |
57.2 |
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15. |
Sundry debtors to sales |
5.3 |
2.8 |
3.3 |
8.1 |
7.0 |
8.5 |
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16. |
Exports to sales |
0.1 |
0.2 |
** |
** |
18.4 |
15.0 |
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17. |
Gross value added to gross fixed assets |
64.2 |
69.2 |
65.5 |
21.7 |
31.1 |
16.4 |
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18. |
Raw materials consumed to value of production |
14.0 |
16.3 |
17.3 |
3.9 |
4.9 |
8.9 |
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D. |
Sources and uses of funds ratios @ |
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19. |
Gross fixed assets formation to total uses of funds |
33.2 |
0.8 |
# |
# |
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20. |
Gross capital formation to total uses of funds |
38.5 |
18.0 |
# |
# |
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21. |
External sources of funds to total sources of funds |
89.3 |
93.7 |
## |
## |
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22. |
Increase in bank borrowings to total external sources |
** |
** |
## |
## |
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23. |
Gross savings to gross capital formation |
64.5 |
112.7 |
337.9 |
557.4 |
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E. |
Profitability and profit allocation ratios |
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24. |
Gross profits to total net assets |
4.9 |
8.6 |
6.9 |
1.8 |
7.9 |
1.9 |
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25. |
Gross profits to sales |
6.7 |
10.3 |
8.5 |
3.0 |
10.2 |
3.9 |
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26. |
Profits after tax to net worth |
** |
2.7 |
** |
9.3 |
46.9 |
** |
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27. |
Tax provision to profits before tax |
# |
80.9 |
232.9 |
1.2 |
1.5 |
# |
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28. |
Profits retained to profits after tax |
## |
77.0 |
## |
100.0 |
100.0 |
## |
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29. |
Dividends to net worth |
0.5 |
0.6 |
1.1 |
** |
** |
** |
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30. |
Ordinary dividends to ordinary paid-up capital |
2.0 |
2.5 |
4.4 |
** |
** |
** |
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Grains and |
Edible vegetable and |
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pulses (8) |
hydrogenated oils (8) |
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SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
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1 |
8 |
9 |
10 |
11 |
12 |
13 |
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A. |
Capital structure ratios |
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1. |
Net fixed assets to total net assets |
50.5 |
48.5 |
46.7 |
39.4 |
39.3 |
43.1 |
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2. |
Net worth to total net assets |
22.5 |
17.0 |
13.9 |
26.3 |
26.8 |
29.9 |
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3. |
Debt to equity |
89.3 |
110.3 |
127.8 |
64.8 |
67.1 |
56.2 |
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4. |
Debt to equity |
119.2 |
164.3 |
213.9 |
72.2 |
73.3 |
60.7 |
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(equity adjusted for revaluation reserve) |
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5. |
Short term bank borrowings to inventories |
88.9 |
117.0 |
162.5 |
69.4 |
108.5 |
68.1 |
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6. |
Total outside liabilities to net worth |
343.9 |
489.4 |
620.3 |
280.2 |
273.2 |
234.7 |
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B. |
Liquidity ratios |
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7. |
Current assets to current liabilities * |
0.8 |
0.8 |
0.8 |
1.1 |
1.1 |
1.1 |
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8. |
Quick assets to current liabilities |
37.1 |
31.4 |
35.9 |
53.7 |
59.1 |
42.5 |
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9. |
Current assets to total net assets |
46.8 |
48.6 |
52.4 |
60.3 |
60.5 |
56.7 |
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10. |
Sundry creditors to current assets |
36.2 |
36.1 |
32.1 |
47.6 |
33.5 |
38.1 |
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11. |
Sundry creditors to net working capital |
# |
# |
# |
777.6 |
385.0 |
647.7 |
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C. |
Assets utilization and turnover ratios |
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12. |
Sales to total net assets |
303.8 |
306.7 |
367.2 |
442.0 |
288.2 |
323.3 |
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13. |
Sales to gross fixed assets |
431.9 |
389.2 |
429.4 |
621.6 |
412.8 |
410.0 |
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14. |
Inventories to sales |
6.6 |
5.6 |
4.5 |
5.6 |
7.7 |
8.5 |
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15. |
Sundry debtors to sales |
6.2 |
6.3 |
5.7 |
6.0 |
10.4 |
5.9 |
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16. |
Exports to sales |
** |
** |
** |
2.9 |
12.9 |
** |
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17. |
Gross value added to gross fixed assets |
19.6 |
19.1 |
23.7 |
27.8 |
29.7 |
26.9 |
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18. |
Raw materials consumed to value of production |
87.9 |
86.0 |
85.1 |
84.7 |
81.3 |
81.6 |
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D. |
Sources and uses of funds ratios @ |
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19. |
Gross fixed assets formation to total uses of funds |
85.9 |
93.0 |
48.6 |
334.4 |
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20. |
Gross capital formation to total uses of funds |
50.1 |
64.2 |
50.7 |
558.0 |
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21. |
External sources of funds to total sources of funds |
58.9 |
38.0 |
56.1 |
** |
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22. |
Increase in bank borrowings to total external sources |
28.4 |
348.5 |
114.9 |
## |
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23. |
Gross savings to gross capital formation |
52.9 |
69.4 |
80.5 |
57.9 |
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E. |
Profitability and profit allocation ratios |
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24. |
Gross profits to total net assets |
5.9 |
** |
4.7 |
8.7 |
9.8 |
8.9 |
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25. |
Gross profits to sales |
1.9 |
** |
1.3 |
2.0 |
3.4 |
2.7 |
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26. |
Profits after tax to net worth |
** |
** |
** |
8.6 |
13.7 |
8.2 |
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27. |
Tax provision to profits before tax |
# |
# |
# |
6.1 |
10.8 |
21.1 |
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28. |
Profits retained to profits after tax |
## |
## |
## |
100.0 |
100.0 |
100.0 |
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29. |
Dividends to net worth |
** |
2.0 |
2.3 |
** |
** |
** |
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30. |
Ordinary dividends to ordinary paid-up capital |
** |
1.5 |
1.3 |
** |
** |
** |
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Cotton textiles |
Silk and rayon textiles |
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(53) |
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(9) |
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SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
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1 |
14 |
15 |
16 |
17 |
18 |
19 |
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A. |
Capital structure ratios |
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1. |
Net fixed assets to total net assets |
39.7 |
38.7 |
35.0 |
39.0 |
36.1 |
34.0 |
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2. |
Net worth to total net assets |
25.7 |
24.2 |
23.3 |
20.8 |
22.7 |
20.1 |
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3. |
Debt to equity |
62.0 |
61.6 |
57.1 |
44.8 |
25.7 |
28.8 |
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4. |
Debt to equity |
68.1 |
74.4 |
67.5 |
44.8 |
25.7 |
28.8 |
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(equity adjusted for revaluation reserve) |
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5. |
Short term bank borrowings to inventories |
46.6 |
59.8 |
65.3 |
39.7 |
54.4 |
45.3 |
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6. |
Total outside liabilities to net worth |
289.0 |
312.9 |
330.0 |
381.8 |
340.2 |
398.1 |
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B. |
Liquidity ratios |
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7. |
Current assets to current liabilities * |
1.0 |
1.0 |
1.0 |
0.8 |
0.8 |
0.8 |
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8. |
Quick assets to current liabilities |
37.6 |
40.0 |
54.4 |
36.7 |
39.4 |
34.2 |
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9. |
Current assets to total net assets |
59.5 |
60.3 |
64.0 |
56.0 |
59.5 |
62.8 |
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10. |
Sundry creditors to current assets |
42.6 |
44.5 |
55.0 |
39.9 |
31.2 |
26.1 |
||
11. |
Sundry creditors to net working capital |
# |
# |
# |
# |
# |
# |
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C. |
Assets utilization and turnover ratios |
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12. |
Sales to total net assets |
141.4 |
168.1 |
174.4 |
154.1 |
133.7 |
148.8 |
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13. |
Sales to gross fixed assets |
189.5 |
223.3 |
246.0 |
188.1 |
164.7 |
187.4 |
||
14. |
Inventories to sales |
20.2 |
15.7 |
11.3 |
13.6 |
15.6 |
18.2 |
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15. |
Sundry debtors to sales |
13.1 |
12.8 |
17.8 |
13.7 |
18.1 |
14.8 |
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16. |
Exports to sales |
0.9 |
1.3 |
1.8 |
10.3 |
9.5 |
4.9 |
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17. |
Gross value added to gross fixed assets |
30.1 |
29.2 |
33.3 |
31.1 |
26.7 |
25.0 |
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18. |
Raw materials consumed to value of production |
64.4 |
69.5 |
67.3 |
45.7 |
58.8 |
67.1 |
||
D. |
Sources and uses of funds ratios @ |
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19. |
Gross fixed assets formation to total uses of funds |
52.7 |
24.3 |
33.4 |
44.5 |
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20. |
Gross capital formation to total uses of funds |
48.6 |
** |
41.8 |
94.2 |
||||
21. |
External sources of funds to total sources of funds |
65.9 |
72.8 |
34.5 |
66.6 |
||||
22. |
Increase in bank borrowings to total external sources |
57.2 |
** |
99.5 |
30.2 |
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23. |
Gross savings to gross capital formation |
87.6 |
# |
149.4 |
31.0 |
||||
E. |
Profitability and profit allocation ratios |
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24. |
Gross profits to total net assets |
6.6 |
5.4 |
6.3 |
7.8 |
7.9 |
6.4 |
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25. |
Gross profits to sales |
4.7 |
3.2 |
3.6 |
5.1 |
5.9 |
4.3 |
||
26. |
Profits after tax to net worth |
7.1 |
** |
3.4 |
20.8 |
6.3 |
** |
||
27. |
Tax provision to profits before tax |
23.9 |
# |
47.4 |
26.5 |
60.1 |
137.9 |
||
28. |
Profits retained to profits after tax |
90.6 |
## |
74.5 |
88.3 |
66.4 |
## |
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29. |
Dividends to net worth |
0.7 |
0.1 |
0.9 |
2.4 |
2.1 |
2.1 |
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30. |
Ordinary dividends to ordinary paid-up capital |
1.7 |
0.2 |
1.9 |
3.1 |
2.9 |
2.7 |
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Engineering @@ |
Motor vehicles @@ |
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(210) |
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(19) |
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SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
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1 |
20 |
21 |
22 |
23 |
24 |
25 |
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A. |
Capital structure ratios |
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1. |
Net fixed assets to total net assets |
25.0 |
24.0 |
25.3 |
26.3 |
29.2 |
31.2 |
||
2. |
Net worth to total net assets |
26.7 |
28.8 |
30.7 |
8.6 |
23.4 |
25.8 |
||
3. |
Debt to equity |
32.0 |
24.8 |
20.4 |
227.4 |
50.5 |
46.8 |
||
4. |
Debt to equity |
34.7 |
26.7 |
22.0 |
227.4 |
63.6 |
56.4 |
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(equity adjusted for revaluation reserve) |
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5. |
Short term bank borrowings to inventories |
62.3 |
61.5 |
59.3 |
67.6 |
70.3 |
52.0 |
||
6. |
Total outside liabilities to net worth |
274.0 |
247.0 |
225.9 |
# |
328.0 |
287.6 |
||
B. |
Liquidity ratios |
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7. |
Current assets to current liabilities * |
1.1 |
1.1 |
1.2 |
1.0 |
1.1 |
1.1 |
||
8. |
Quick assets to current liabilities |
53.3 |
57.8 |
55.7 |
50.4 |
65.1 |
63.8 |
||
9. |
Current assets to total net assets |
72.4 |
73.2 |
71.8 |
73.2 |
69.8 |
65.5 |
||
10. |
Sundry creditors to current assets |
29.9 |
30.0 |
28.5 |
44.9 |
41.5 |
41.6 |
||
11. |
Sundry creditors to net working capital |
274.5 |
236.0 |
203.4 |
# |
584.2 |
797.9 |
||
C. |
Assets utilization and turnover ratios |
||||||||
12. |
Sales to total net assets |
122.0 |
119.2 |
113.8 |
136.5 |
119.3 |
125.6 |
||
13. |
Sales to gross fixed assets |
269.3 |
280.8 |
256.2 |
236.3 |
229.2 |
224.2 |
||
14. |
Inventories to sales |
21.9 |
21.3 |
23.1 |
18.9 |
13.9 |
13.6 |
||
15. |
Sundry debtors to sales |
21.1 |
25.2 |
23.8 |
22.3 |
31.7 |
27.5 |
||
16. |
Exports to sales |
5.7 |
7.0 |
7.4 |
4.4 |
1.4 |
0.2 |
||
17. |
Gross value added to gross fixed assets |
62.9 |
65.1 |
60.6 |
57.6 |
55.2 |
61.2 |
||
18. |
Raw materials consumed to value of production |
57.1 |
56.7 |
54.9 |
54.2 |
50.3 |
49.5 |
||
D. |
Sources and uses of funds ratios @ |
||||||||
19. |
Gross fixed assets formation to total uses of funds |
27.8 |
47.8 |
30.9 |
86.8 |
||||
20. |
Gross capital formation to total uses of funds |
46.4 |
76.9 |
21.8 |
105.1 |
||||
21. |
External sources of funds to total sources of funds |
69.2 |
48.2 |
55.1 |
18.2 |
||||
22. |
Increase in bank borrowings to total external sources |
21.8 |
24.3 |
** |
** |
||||
23. |
Gross savings to gross capital formation |
68.0 |
65.1 |
145.6 |
77.7 |
||||
E. |
Profitability and profit allocation ratios |
||||||||
24. |
Gross profits to total net assets |
11.7 |
11.3 |
10.6 |
8.3 |
9.1 |
8.7 |
||
25. |
Gross profits to sales |
9.5 |
9.5 |
9.3 |
6.1 |
7.6 |
6.9 |
||
26. |
Profits after tax to net worth |
19.4 |
17.6 |
12.5 |
** |
25.3 |
12.5 |
||
27. |
Tax provision to profits before tax |
37.1 |
35.3 |
39.2 |
174.7 |
34.1 |
44.2 |
||
28. |
Profits retained to profits after tax |
81.1 |
83.3 |
74.5 |
## |
92.9 |
82.1 |
||
29. |
Dividends to net worth |
3.7 |
2.9 |
3.2 |
6.9 |
1.8 |
2.2 |
||
|
30. |
Ordinary dividends to ordinary paid-up capital |
9.6 |
8.5 |
9.3 |
6.5 |
5.5 |
6.7 |
Note : |
Figures in brackets represent the number of companies. |
@ |
Adjusted for revaluation, etc. |
* |
Item B.7 is the actual ratio of current assets to current liabilities. |
** |
Numerator is negative or nil or negligible. |
# |
Denominator is negative or nil or negligible. |
## |
Both numerator and denominator are negative or nil or negligible. |
@@ |
Industry-groups viz., 'Motor vehicles', 'Electrical machinery, apparatus, appliances, etc.', 'Machinery other than transport and electricals', 'Foundries and engineering workshops' and 'Ferrous/ non-ferrous metal products' are subgroups of 'Engineering'. |
$$ |
Industry-groups viz., 'Basic industrial chemicals' and 'Medicines and pharmaceutical preparations' are sub-groups of 'Chemicals'. |