Ratio Analysis
Brief History of PRAN-RFL
PRAN started its operation in 1980 as processors of fruit and vegetable in
Bangladesh and in 1981 when PRAN and RFL merge together it becomes one
of the biggest business groups in Bangladesh.
PRAN stands for “Programme for Rural Advancement Nationally” and RFL
stands for Regal Furniture. PRAN RFL is the pioneer in Bangladesh to be
involved in contract farming and procures raw material directly from the
farmers and processes through state of the art machinery at our several
factories into hygienically packed food and drinks products
Financial Information of PRAN-RFL
2009
2010
2011
2012
2013
Sales
110665984 120515533
1316345576
1479083463 1554446836
Operating
6
50292285
58060062
70096801
profit
Net profit
Total Asset
39969803
43593724
997590888 111568318
45490177
1172667837
52217607
54829900
1138318801 1133169643
Equity
0
359966920 380083391
401331039
426965832
8
55495899
70621379
457103264
Current Ratio
The current ratio is a liquidity and efficiency ratio that
measures a firm's ability to pay off its short-term liabilities
with its current assets. The current ratio is an important
measure of liquidity because short-term liabilities are due
within the next year.
Year
2009
2010
2011
2012
2013
Ratio
1.40
1.45
1.28
1.36
1.41
Quick Ratio
The quick ratio is an indicator of a company’s shortterm liquidity. The quick ratio measures a company’s
ability to meet its short-term obligations with its
most liquid assets. For this reason, the ratio excludes
inventories from current assets