Current ratio
In year 2020 the company current ratio is 1.107 and in year 2021 is 1.402, its means that company's
ability to pay short-term obligations in 2021 year is more efficiently as compare to year 2020.
Quick Ratio
In year 2020, which implies that it could only meet 1.083 or 108.3% of its short-term obligations
using cash and current assets. In year 2021, the company will meet 1.364 or 136.4% was at the
highest position to convert its cash and current assets into cash and pay off its cash demands.
Receivable Turnover
The first years 2020 the company receivable turnover is 2.12 in days, but over the years in 2021,
the receivable turnover is 3.52 days are higher as compare to year 2020,
Inventory turnover ratio
In year 2020 the inventory turnover in days is 5.79 days and in yera 2021 the inventory turnover
in days is 5.89 days. so in year 2021 high turnover suggests efficient inventory control, sales
policies, trading in quality goods, reputation in the market, better competitive capacity
Times Interest Earned Ratio
Times Interest Earned Ratio determine how a firm has liabilities more or less than assets. In this
ratio, the company can recognize if they are putting themselves in a risky situation in case the
interest rates were to increase out of a sudden for the loans. Also, it shows how the firm can cover
its debts. As for the time's interest earned ratio, it measures how a company can pay
off its debt responsibilities based on their current profit. The company time's interest earned
ratio has been decreasing since 2020 as 1.6253. However, they reached the highest point in 2021
as 3.4643.
Debt-equity ratio
Debt to equity ratio vary from company to company .A ratio that is ideal for one company may
be worrisome for another company. A ratio of 1:1 is normally considered satisfactory for most of
the companies. In year 2020 the debt to equity ratio is 3.663 and in year 2021 the ration is 2.9306
it means that company has in year 2021 is more safer as compare to year 2020.
Total Asset Turnover
This Ratio evaluates how much inventory or services are sold per every dollar of the assets used
in the period analyzed. Company achieved the total asset inventory turnover in 2020 is 1.007,
which implies that less money is required for an investment to generate sales. Low ratios in
2021 is 1.006 the firm had a decline in sales and had much investment in fixed asset.
Net Profit Margin Ratio
In year 2020 the net profit margin ratio is 0.0206 and in year 2021 the net profit margin ratio is
0.1207 Net profit ratio expresses the relationship between net profit after taxes and sales. This
ratio is a measure of the overall profitability.
RETURN ON INVESTMENT(ROI)
In year 2020 Retuen on investment is 0.1304 and in year 2021 the ROI is 0.2901. ROI is
typically used for personal financial decisions, to compare a company's
profitability or to compare the efficiency of different investments. Return on investment or ROI
is a that calculates the profits of an investment
as a percentage of the original cost.
Debt Ratio
The ratio of total debt to total assets in year 2020 is 0.7854 and in year 2021 the ratio is 0.7455.
It means that the proportion of a company's assets that are financed by debt is more in year
2021 as compare to year 2020.
Return on Asset ratio
year 2020 the return on asset ratio is 2.083% and in year 2021 the ratio is 12.15% which mean that the
company in year 2021 is higher return on asset as compare to year 2020.
Gross Profit margin ratio
In year 2020 the company gross profit is 13.95% and in year 2021 the gross profit is 21.37%
which is high as compare to year 2020, because the company in increase their sales in year
2021.