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Glaxo Smithkline Bangladesh (Part 6)
- By Super Admin
- Published 21 August 2008
- Report, Assignment, Case Study and Term Paper
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Glaxo Smithkline Bangladesh - Ratio Analysis
Company profile at a glance:
Share Capital in BDT* (mn): 120.0
Market Cap in BDT *(mn) : 1812.9906
Total Share : 12046449
Business Segment : Pharmaceuticals & Chemicals
Ratio Analysis:
Liquidity Ratios:
Year 2002 2003 2004
Current Ratio 3.348 2.259 4.556
Quick Ratio 0.185 0.998 1.920
Current Ratio: Current ratio measures the ability to meet current debt with current asset. Current ratio has decrease in 2003 but in 2004 it increase.
Quick Ratio: Quick ratio measures the ability to meet current debt with most liquid current asset. Quick ratio has increased from 2002 to 2004.
Asset management ratio:
Year 2002 2003 2004
Inventory Turnover 1.621 0.508 0.503
Total Asset turnover 1.095 1.168 1.153
Inventory Turnover: Inventory turnover measure how many times the inventory has been turned over (sold) during the year; provides insight into liquid of inventory and tendency to overstock. It decreased from 2002 to 2004.
Debt Management:
Debt to total asset: It shows the extent to which the firm is using borrowed money. Here the ratio is decreasing from 2003 to 2004.
Year 2002 2003 2004
Debt to Total Asset 0.3026 0.4083 0.2416
Time interest earned ratio:
TIE= EBIT / Interest
It has no interest bearing debt.
Share Capital in BDT* (mn): 120.0
Market Cap in BDT *(mn) : 1812.9906
Total Share : 12046449
Business Segment : Pharmaceuticals & Chemicals
Ratio Analysis:
Liquidity Ratios:
Year 2002 2003 2004
Current Ratio 3.348 2.259 4.556
Quick Ratio 0.185 0.998 1.920
Current Ratio: Current ratio measures the ability to meet current debt with current asset. Current ratio has decrease in 2003 but in 2004 it increase.
Quick Ratio: Quick ratio measures the ability to meet current debt with most liquid current asset. Quick ratio has increased from 2002 to 2004.
Asset management ratio:
Year 2002 2003 2004
Inventory Turnover 1.621 0.508 0.503
Total Asset turnover 1.095 1.168 1.153
Inventory Turnover: Inventory turnover measure how many times the inventory has been turned over (sold) during the year; provides insight into liquid of inventory and tendency to overstock. It decreased from 2002 to 2004.
Debt Management:
Debt to total asset: It shows the extent to which the firm is using borrowed money. Here the ratio is decreasing from 2003 to 2004.
Year 2002 2003 2004
Debt to Total Asset 0.3026 0.4083 0.2416
Time interest earned ratio:
TIE= EBIT / Interest
It has no interest bearing debt.
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Article Series
This article is part 6 of a 8 part series. Other articles in this series are shown below:
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Glaxo Smithkline Bangladesh (Part 6)
