Statement 8 : Selected Financial Ratios of the Selected 853 Private Limited Companies - Industry-Wise, 1994-95 to 1996-97 (Part 2 of 3) - ربی - Reserve Bank of India
Statement 8 : Selected Financial Ratios of the Selected 853 Private Limited Companies - Industry-Wise, 1994-95 to 1996-97 (Part 2 of 3)
|
|
|
|
|
|
|
|
||
Electrical machinery, |
Machinery other than |
||||||||
apparatus, appliances, |
transport and |
||||||||
etc. @@ (53) |
electricals @@ (62) |
||||||||
SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
|||
|
1 |
26 |
27 |
28 |
29 |
30 |
31 |
||
A. |
Capital structure ratios |
||||||||
1. |
Net fixed assets to total net assets |
22.6 |
20.2 |
20.8 |
26.2 |
26.0 |
28.0 |
||
2. |
Net worth to total net assets |
29.3 |
32.5 |
34.2 |
33.7 |
34.1 |
37.2 |
||
3. |
Debt to equity |
30.3 |
24.6 |
18.4 |
19.5 |
18.1 |
14.5 |
||
4. |
Debt to equity |
32.9 |
26.6 |
19.6 |
20.5 |
18.7 |
15.6 |
||
(equity adjusted for revaluation reserve) |
|||||||||
5. |
Short term bank borrowings to inventories |
103.6 |
87.4 |
78.6 |
46.9 |
47.4 |
48.8 |
||
6. |
Total outside liabilities to net worth |
241.7 |
207.4 |
192.0 |
197.0 |
192.9 |
168.6 |
||
B. |
Liquidity ratios |
||||||||
7. |
Current assets to current liabilities * |
1.2 |
1.3 |
1.3 |
1.2 |
1.2 |
1.2 |
||
8. |
Quick assets to current liabilities |
62.6 |
71.9 |
64.6 |
55.3 |
53.2 |
51.1 |
||
9. |
Current assets to total net assets |
74.0 |
76.8 |
76.2 |
71.0 |
71.3 |
69.4 |
||
10. |
Sundry creditors to current assets |
25.6 |
28.1 |
26.3 |
30.2 |
29.5 |
27.5 |
||
11. |
Sundry creditors to net working capital |
154.0 |
123.4 |
118.6 |
188.8 |
179.1 |
155.8 |
||
C. |
Assets utilization and turnover ratios |
||||||||
12. |
Sales to total net assets |
117.8 |
108.0 |
105.1 |
107.4 |
105.0 |
101.1 |
||
13. |
ales to gross fixed assets |
267.7 |
273.6 |
255.6 |
257.0 |
257.2 |
231.4 |
||
14. |
Inventories to sales |
19.4 |
21.3 |
25.2 |
25.6 |
27.9 |
28.4 |
||
15. |
Sundry debtors to sales |
22.3 |
30.8 |
27.0 |
22.6 |
24.0 |
23.0 |
||
16. |
Exports to sales |
8.7 |
9.4 |
10.0 |
4.5 |
4.3 |
4.8 |
||
17. |
Gross value added to gross fixed assets |
58.3 |
62.7 |
63.9 |
71.2 |
69.3 |
64.4 |
||
18. |
Raw materials consumed to value of production |
63.2 |
62.7 |
60.4 |
50.2 |
51.5 |
49.8 |
||
D. |
Sources and uses of funds ratios @ |
||||||||
19. |
Gross fixed assets formation to total uses of funds |
21.7 |
44.1 |
32.7 |
51.1 |
||||
20. |
Gross capital formation to total uses of funds |
42.8 |
90.9 |
65.8 |
73.2 |
||||
21. |
External sources of funds to total sources of funds |
81.4 |
57.7 |
66.2 |
33.4 |
||||
22. |
Increase in bank borrowings to total external sources |
11.1 |
38.2 |
33.9 |
26.7 |
||||
23. |
Gross savings to gross capital formation |
46.3 |
48.8 |
60.2 |
93.0 |
||||
E. |
Profitability and profit allocation ratios |
||||||||
24. |
Gross profits to total net assets |
9.3 |
8.9 |
9.7 |
14.1 |
12.8 |
11.8 |
||
25. |
Gross profits to sales |
7.9 |
8.3 |
9.2 |
13.1 |
12.2 |
11.7 |
||
26. |
Profits after tax to net worth |
14.3 |
6.5 |
8.1 |
21.2 |
20.3 |
13.2 |
||
27. |
Tax provision to profits before tax |
31.6 |
55.9 |
41.0 |
36.6 |
32.4 |
39.2 |
||
28. |
Profits retained to profits after tax |
76.9 |
71.2 |
73.3 |
80.2 |
81.6 |
71.1 |
||
29. |
Dividends to net worth |
3.3 |
1.9 |
2.1 |
4.2 |
3.7 |
3.8 |
||
|
30. |
Ordinary dividends to ordinary paid-up capital |
7.6 |
4.7 |
5.6 |
14.3 |
13.2 |
13.1 |
|
|
|
|
|
|
|
|
||
Foundries and |
Ferrous/ non-ferrous |
||||||||
engineering workshops |
metal products @@ (49) |
||||||||
@@ (19) |
|
||||||||
SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
|||
|
1 |
32 |
33 |
34 |
35 |
36 |
37 |
||
A. |
Capital structure ratios |
||||||||
1. |
Net fixed assets to total net assets |
26.4 |
26.3 |
24.4 |
27.5 |
23.7 |
25.9 |
||
2. |
Net worth to total net assets |
26.2 |
24.8 |
24.9 |
32.8 |
30.6 |
31.2 |
||
3. |
Debt to equity |
42.1 |
36.1 |
32.2 |
26.7 |
23.3 |
16.9 |
||
4. |
Debt to equity |
48.0 |
40.0 |
34.8 |
29.3 |
24.9 |
17.8 |
||
(equity adjusted for revaluation reserve) |
|||||||||
5. |
Short term bank borrowings to inventories |
61.7 |
52.5 |
52.6 |
75.0 |
87.4 |
84.3 |
||
6. |
Total outside liabilities to net worth |
281.7 |
304.0 |
302.3 |
205.3 |
226.9 |
220.8 |
||
B. |
Liquidity ratios |
||||||||
7. |
Current assets to current liabilities * |
1.2 |
1.1 |
1.1 |
1.2 |
1.2 |
1.1 |
||
8. |
Quick assets to current liabilities |
54.2 |
51.6 |
52.0 |
60.1 |
68.5 |
61.6 |
||
9. |
Current assets to total net assets |
72.1 |
72.5 |
74.5 |
69.6 |
71.9 |
69.2 |
||
10. |
Sundry creditors to current assets |
26.0 |
25.6 |
27.1 |
25.0 |
29.0 |
31.2 |
||
11. |
Sundry creditors to net working capital |
196.0 |
289.3 |
265.7 |
155.1 |
214.5 |
371.9 |
||
C. |
Assets utilization and turnover ratios |
||||||||
12. |
Sales to total net assets |
127.0 |
138.4 |
132.8 |
146.6 |
143.0 |
125.2 |
||
13. |
Sales to gross fixed assets |
259.6 |
296.0 |
300.6 |
295.6 |
326.0 |
271.1 |
||
14. |
Inventories to sales |
22.7 |
21.1 |
22.3 |
17.8 |
15.0 |
17.3 |
||
15. |
Sundry debtors to sales |
22.5 |
21.7 |
23.4 |
19.4 |
23.6 |
23.4 |
||
16. |
Exports to sales |
7.0 |
7.4 |
6.5 |
6.5 |
12.7 |
14.1 |
||
17. |
Gross value added to gross fixed assets |
61.2 |
69.5 |
53.1 |
58.7 |
64.5 |
56.6 |
||
18. |
Raw materials consumed to value of production |
52.2 |
48.4 |
50.9 |
62.9 |
61.0 |
57.6 |
||
D. |
Sources and uses of funds ratios @ |
||||||||
19. |
Gross fixed assets formation to total uses of funds |
34.3 |
27.1 |
20.6 |
51.6 |
||||
20. |
Gross capital formation to total uses of funds |
62.0 |
54.9 |
24.9 |
70.5 |
||||
21. |
External sources of funds to total sources of funds |
77.6 |
66.6 |
70.0 |
57.2 |
||||
22. |
Increase in bank borrowings to total external sources |
19.5 |
13.7 |
24.1 |
19.9 |
||||
23. |
Gross savings to gross capital formation |
41.7 |
51.0 |
127.8 |
58.3 |
||||
E. |
Profitability and profit allocation ratios |
||||||||
24. |
Gross profits to total net assets |
8.0 |
8.8 |
10.7 |
14.1 |
13.7 |
11.9 |
||
25. |
Gross profits to sales |
6.3 |
6.4 |
8.1 |
9.6 |
9.6 |
9.5 |
||
26. |
Profits after tax to net worth |
10.2 |
12.9 |
17.2 |
16.7 |
18.5 |
14.2 |
||
27. |
Tax provision to profits before tax |
35.1 |
36.2 |
36.5 |
36.3 |
32.8 |
32.9 |
||
28. |
Profits retained to profits after tax |
80.0 |
86.5 |
86.7 |
84.0 |
84.3 |
76.9 |
||
29. |
Dividends to net worth |
2.0 |
1.7 |
2.3 |
2.7 |
2.9 |
3.3 |
||
|
30. |
Ordinary dividends to ordinary paid-up capital |
5.7 |
5.1 |
7.8 |
8.1 |
8.5 |
9.4 |
|
|
|
|
|
|
|
|
||
Chemicals $$ |
Basic industrial |
||||||||
|
(93) |
|
chemicals $$ (28) |
||||||
SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
|||
|
1 |
38 |
39 |
40 |
41 |
42 |
43 |
||
A. |
Capital structure ratios |
||||||||
1. |
Net fixed assets to total net assets |
32.7 |
30.5 |
27.4 |
41.7 |
39.9 |
40.6 |
||
2. |
Net worth to total net assets |
27.8 |
28.4 |
24.9 |
28.7 |
29.6 |
33.2 |
||
3. |
Debt to equity |
40.3 |
42.7 |
41.2 |
66.5 |
54.9 |
40.5 |
||
4. |
Debt to equity |
45.4 |
46.2 |
43.9 |
70.8 |
57.5 |
41.8 |
||
(equity adjusted for revaluation reserve) |
|||||||||
5. |
Short term bank borrowings to inventories |
79.0 |
81.8 |
39.6 |
88.4 |
80.8 |
70.8 |
||
6. |
Total outside liabilities to net worth |
259.6 |
251.7 |
302.4 |
248.4 |
237.3 |
200.9 |
||
B. |
Liquidity ratios |
||||||||
7. |
Current assets to current liabilities * |
1.0 |
1.1 |
1.1 |
1.0 |
1.1 |
1.1 |
||
8. |
Quick assets to current liabilities |
48.4 |
50.0 |
39.9 |
53.0 |
50.6 |
55.7 |
||
9. |
Current assets to total net assets |
61.5 |
66.7 |
70.2 |
53.8 |
59.0 |
58.5 |
||
10. |
Sundry creditors to current assets |
35.4 |
28.6 |
39.2 |
36.9 |
33.5 |
32.3 |
||
11. |
Sundry creditors to net working capital |
# |
259.8 |
516.7 |
# |
402.3 |
365.3 |
||
C. |
Assets utilization and turnover ratios |
||||||||
12. |
Sales to total net assets |
138.0 |
134.9 |
115.7 |
126.7 |
132.2 |
143.4 |
||
13. |
Sales to gross fixed assets |
250.6 |
261.6 |
253.2 |
203.1 |
212.7 |
218.5 |
||
14. |
Inventories to sales |
15.3 |
15.6 |
30.6 |
14.2 |
15.0 |
14.2 |
||
15. |
Sundry debtors to sales |
18.5 |
18.3 |
18.6 |
18.6 |
17.7 |
17.8 |
||
16. |
Exports to sales |
9.8 |
8.7 |
7.9 |
7.5 |
6.3 |
6.4 |
||
17. |
Gross value added to gross fixed assets |
46.1 |
49.0 |
46.8 |
36.4 |
39.7 |
39.7 |
||
18. |
Raw materials consumed to value of production |
57.6 |
57.8 |
55.8 |
58.9 |
60.7 |
56.3 |
||
D. |
Sources and uses of funds ratios @ |
||||||||
19. |
Gross fixed assets formation to total uses of funds |
34.4 |
26.4 |
46.4 |
66.6 |
||||
20. |
Gross capital formation to total uses of funds |
52.7 |
95.5 |
70.2 |
82.6 |
||||
21. |
External sources of funds to total sources of funds |
68.1 |
80.6 |
59.2 |
36.9 |
||||
22. |
Increase in bank borrowings to total external sources |
22.0 |
6.2 |
22.9 |
** |
||||
23. |
Gross savings to gross capital formation |
68.5 |
21.1 |
66.8 |
81.1 |
||||
E. |
Profitability and profit allocation ratios |
||||||||
24. |
Gross profits to total net assets |
11.7 |
11.6 |
9.3 |
9.7 |
9.9 |
10.0 |
||
25. |
Gross profits to sales |
8.5 |
8.6 |
8.0 |
7.7 |
7.5 |
6.9 |
||
26. |
Profits after tax to net worth |
16.2 |
20.0 |
13.5 |
15.8 |
14.2 |
11.0 |
||
27. |
Tax provision to profits before tax |
33.1 |
29.3 |
39.4 |
24.7 |
30.8 |
32.2 |
||
28. |
Profits retained to profits after tax |
87.9 |
89.6 |
81.8 |
82.6 |
86.7 |
83.5 |
||
29. |
Dividends to net worth |
2.0 |
2.1 |
2.5 |
2.7 |
1.9 |
1.8 |
||
|
30. |
Ordinary dividends to ordinary paid-up capital |
3.6 |
4.5 |
5.6 |
4.3 |
3.0 |
3.1 |
|
|
|
|
|
|
|
|
||
Medicines and |
Rubber and rubber |
||||||||
pharmaceutical |
products (11) |
||||||||
preparations $$ (30) |
|
||||||||
SELECTED FINANCIAL RATIO |
1994-95 |
1995-96 |
1996-97 |
1994-95 |
1995-96 |
1996-97 |
|||
|
1 |
44 |
45 |
46 |
47 |
48 |
49 |
||
A. |
Capital structure ratios |
||||||||
1. |
Net fixed assets to total net assets |
26.8 |
23.7 |
19.0 |
31.7 |
28.4 |
31.1 |
||
2. |
Net worth to total net assets |
11.4 |
14.1 |
11.5 |
22.2 |
24.8 |
22.1 |
||
3. |
Debt to equity |
87.7 |
100.2 |
107.4 |
27.7 |
18.3 |
16.3 |
||
4. |
Debt to equity |
96.6 |
102.4 |
109.0 |
28.1 |
19.1 |
17.0 |
||
(equity adjusted for revaluation reserve) |
|||||||||
5. |
Short term bank borrowings to inventories |
73.5 |
86.6 |
23.1 |
109.5 |
69.6 |
55.5 |
||
6. |
Total outside liabilities to net worth |
780.9 |
607.9 |
769.8 |
350.5 |
303.2 |
351.9 |
||
B. |
Liquidity ratios |
||||||||
7. |
Current assets to current liabilities * |
0.8 |
1.0 |
1.0 |
1.0 |
1.0 |
0.9 |
||
8. |
Quick assets to current liabilities |
35.8 |
38.2 |
25.0 |
48.3 |
45.6 |
36.8 |
||
9. |
Current assets to total net assets |
65.6 |
74.4 |
79.0 |
67.8 |
71.3 |
68.7 |
||
10. |
Sundry creditors to current assets |
36.2 |
23.8 |
43.7 |
32.5 |
38.2 |
33.0 |
||
11. |
Sundry creditors to net working capital |
# |
# |
# |
# |
# |
# |
||
C. |
Assets utilization and turnover ratios |
||||||||
12. |
Sales to total net assets |
152.5 |
135.0 |
96.4 |
153.1 |
147.2 |
128.2 |
||
13. |
Sales to gross fixed assets |
326.3 |
343.5 |
319.6 |
204.0 |
213.1 |
181.5 |
||
14. |
Inventories to sales |
16.8 |
17.3 |
53.0 |
12.0 |
17.6 |
22.9 |
||
15. |
Sundry debtors to sales |
16.2 |
16.8 |
16.4 |
15.3 |
15.0 |
14.6 |
||
16. |
Exports to sales |
4.5 |
5.6 |
5.1 |
** |
** |
** |
||
17. |
Gross value added to gross fixed assets |
62.4 |
68.1 |
68.5 |
50.8 |
50.6 |
42.0 |
||
18. |
Raw materials consumed to value of production |
56.1 |
53.1 |
49.7 |
56.7 |
59.1 |
58.1 |
||
D. |
Sources and uses of funds ratios @ |
||||||||
19. |
Gross fixed assets formation to total uses of funds |
23.2 |
15.6 |
31.6 |
61.9 |
||||
20. |
Gross capital formation to total uses of funds |
41.5 |
105.4 |
79.4 |
102.6 |
||||
21. |
External sources of funds to total sources of funds |
83.4 |
88.6 |
52.2 |
90.1 |
||||
22. |
Increase in bank borrowings to total external sources |
21.2 |
** |
11.6 |
** |
||||
23. |
Gross savings to gross capital formation |
53.1 |
10.5 |
64.9 |
22.7 |
||||
E. |
Profitability and profit allocation ratios |
||||||||
24. |
Gross profits to total net assets |
12.4 |
13.1 |
10.0 |
14.2 |
10.4 |
7.0 |
||
25. |
Gross profits to sales |
8.1 |
9.7 |
10.4 |
9.3 |
7.1 |
5.4 |
||
26. |
Profits after tax to net worth |
21.3 |
38.8 |
28.6 |
18.1 |
25.4 |
0.5 |
||
27. |
Tax provision to profits before tax |
55.6 |
31.3 |
43.8 |
50.2 |
33.9 |
93.2 |
||
28. |
Profits retained to profits after tax |
81.8 |
88.2 |
82.0 |
75.8 |
82.9 |
** |
||
29. |
Dividends to net worth |
3.9 |
4.6 |
5.1 |
4.4 |
4.3 |
4.8 |
||
|
30. |
Ordinary dividends to ordinary paid-up capital |
5.2 |
9.9 |
13.9 |
10.1 |
6.4 |
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'. |