Statement 2: Selected Financial Ratios of The Selected 1,927 Public Limited Companies, 1998-99 to 2000-01 - RBI - Reserve Bank of India
Statement 2: Selected Financial Ratios of The Selected 1,927 Public Limited Companies, 1998-99 to 2000-01
(Per cent) |
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Item |
1998-99 |
1999-00 |
2000-01 |
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1 |
2 |
3 |
4 |
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Selected Financial Ratios |
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A. |
Capital structure ratios |
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1. |
Net fixed assets to total net assets |
49.4 |
48.2 |
46.7 |
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2. |
Net worth to total net assets |
38.1 |
38.6 |
38.6 |
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3. |
Debt to equity |
70.8 |
68.4 |
67.0 |
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4. |
Debt to equity |
77.0 |
73.8 |
71.9 |
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(equity adjusted for revaluation reserve) |
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5. |
Short term bank borrowings to inventories |
76.6 |
73.6 |
73.1 |
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6. |
Total outside liabilities to net worth |
162.6 |
158.7 |
158.8 |
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B. |
Liquidity ratios |
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7. |
Current assets to current liabilities * |
1.3 |
1.2 |
1.2 |
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8. |
Quick assets to current liabilities |
56.6 |
53.0 |
54.5 |
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9. |
Current assets to total net assets |
44.0 |
42.8 |
43.6 |
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10. |
Sundry creditors to current assets |
26.2 |
28.6 |
29.1 |
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11. |
Sundry creditors to net working capital |
125.4 |
151.0 |
151.6 |
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C. |
Assets utilization and turnover ratios |
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12. |
Sales to total net assets |
67.8 |
70.3 |
73.9 |
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13. |
Sales to gross fixed assets |
98.1 |
100.6 |
104.8 |
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14. |
Inventories to sales |
18.8 |
18.4 |
17.9 |
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15. |
Sundry debtors to sales |
18.2 |
17.9 |
17.4 |
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16. |
Exports to sales |
11.0 |
11.3 |
12.6 |
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17. |
Gross value added to gross fixed assets |
23.1 |
23.3 |
23.9 |
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18. |
Raw materials consumed to value of production |
50.0 |
50.4 |
50.2 |
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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 |
(59.0) |
53.4 |
48.9 |
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20. |
Gross capital formation to total uses of funds |
(60.6) |
63.7 |
60.6 |
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21. |
External sources of funds to total sources of funds |
(61.6) |
59.7 |
40.4 |
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22. |
Increase in bank borrowings to total external sources |
(18.1) |
14.0 |
17.0 |
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23. |
Gross savings to gross capital formation |
(69.9) |
76.7 |
113.4 |
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E. |
Profitability and profit allocation ratios |
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24. |
Gross profits to total net assets |
7.3 |
7.4 |
7.5 |
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25. |
Gross profits to sales |
10.7 |
10.5 |
10.1 |
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26. |
Profits after tax to net worth |
6.0 |
6.3 |
6.5 |
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27. |
Tax provision to profits before tax |
32.0 |
33.2 |
32.3 |
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28. |
Profits retained to profits after tax |
48.2 |
47.6 |
48.8 |
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29. |
Dividends to net worth |
3.1 |
3.3 |
3.3 |
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30. |
Ordinary dividends to ordinary paid-up capital |
15.7 |
17.2 |
17.7 |
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* Item B.7 is the actual ratio of current assets to current liabilities. @ Adjusted for revaluation, etc. Note : Figures in brackets relate to 1,914 companies for the previous study. |