(Per cent)

All Companies

(447)

SELECTED FINANCIAL RATIOS

1998-99

1999-00

2000-01

1

2

3

4

A.

Capital structure ratios

1.

Net fixed assets to total net assets

39.1

37.6

36.1

2.

Net worth to total net assets

42.4

45.0

47.2

3.

Debt to equity

39.4

34.4

30.7

4.

Debt to equity (equity adjusted for revaluation reserve)

41.3

35.7

31.8

5.

Short term bank borrowings to inventories

45.5

40.7

38.4

6.

Total outside liabilities to net worth

135.9

122.2

112.0

B.

Liquidity ratios

7.

Current assets to current liabilities *

1.3

1.4

1.4

8.

Quick assets to current liabilities

60.1

62.7

62.7

9.

Current assets to total net assets

54.6

54.5

53.5

10.

Sundry creditors to current assets

30.5

32.3

31.9

11.

Sundry creditors to net working capital

117.8

113.4

108.9

C.

Assets utilisation and turnover ratios

12.

Sales to total net assets

94.0

96.9

94.4

13.

Sales to gross fixed assets

160.4

165.5

160.4

14.

Inventories to sales

19.8

18.8

19.1

15.

Sundry debtors to sales

17.5

17.4

17.7

16.

Exports to sales

10.7

10.5

11.6

17.

Gross value added to gross fixed assets

39.0

41.3

40.9

18.

Raw materials consumed to value of production

48.7

48.3

47.0

D.

Sources and uses of funds ratios @

19.

Gross fixed assets formation to total uses of funds

40.0

40.1

20.

Gross capital formation to total uses of funds

49.1

50.6

21.

External sources of funds to total sources of funds

35.4

20.6

22.

Increase in bank borrowings to total external sources

-0.8

-8.9

23.

Gross savings to gross capital formation

154.7

163.0

E.

Profitability and profit allocation ratios

24.

Gross profits to total net assets

10.3

11.3

10.9

25.

Gross profits to sales

11.0

11.7

11.6

26.

Profits after tax to net worth

12.5

13.3

13.7

27.

Tax provision to profits before tax

31.7

32.8

32.0

28.

Profits retained to profits after tax

56.9

54.4

55.9

29.

Dividends to net worth

5.4

6.0

6.1

30.

Ordinary dividends to ordinary paid-up capital

26.4

31.2

33.4

@

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.

Note :

Figure in bracket represents the number of companies.