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Kamis, 21 April 2011

Formula Sheet buat pelajaran Mankeu part 1

  1. CFFA = Operating Cash Flow – Net Capital Spending – Increase in Net Working Capital

  1. Operating Cash Flow = EBIT + Depreciation – Taxes

  1. Net Capital Spending = Net Fixed Assets End of Year – Net Fixed Assets Start of Year + Depreciation

  1. Increase in Net Working Capital = Net Working Capital End of Year  - Net Working Capital Start of Year

  1. CFFA = Cash Flow to the Bondholders + Cash Flow to the Shareholders

  1. Cash Flow to the Bondholders = Interest Paid – Net New Long Term Debt

  1. Cash Flow to the Shareholders = Dividends Paid – Net New Common Stock Issued

  1. Current Ratio = Current Assets / Current Liabilities

  1. Quick Ratio = (Current Assets – Inventory) / Current Liabilities

  1. Cash Ratio = Cash / Current Liabilities

  1. Total Debt Ratio = (Total Assets – Owner’s Equity) / Total Assets

  1. Debt/Equity Ratio = Total Debt / Owner’s Equity

  1. Equity Multiplier = Total Assets / Owner’s Equity

  1. Times Interest Earned = EBIT / Interest

  1. Cash Coverage Ratio = (EBIT + Depreciation) / Interest

  1. Inventory Turnover = Cost of Goods Sold / Inventory

  1. Days Sales in Inventory = 365 / Inventory Turnover Ratio

  1. Receivables Turnover Ratio = Sales / Accounts Receivable

  1. Average Collection Period = 365 / Receivables Turnover Ratio

  1. Net Working Capital Turnover Ratio = Sales / Net Working Capital

  1. Fixed Asset Turnover Ratio = Sales / Net Fixed Assets

  1. Total Asset Turnover Ratio = Sales / Total Assets

  1. Profit Margin = Net Income / Sales

  1. Return on Assets (ROA) = Net Income / Total Assets

  1. Return on Equity (ROE) = Net Income / Owner’s Equity

  1. P/E Ratio = Market Price Per Share / Earnings Per Share

  1. Market to Book Ratio = Market Price Per Share / Book Value Per Share

  1. ROE = ROA x Equity Multiplier

  1. ROE = Profit Margin x Total Asset Turnover x Equity Multiplier

  1. Gross Profit Margin = (Sales – Cost of Goods Sold)/Sales

  1.  Payout = Dividends/Net Income

  1.  Plowback = 1 – Payout

  1.  Internal Growth Rate = (ROA)(Plowback)/1-(ROA)(Plowback)

  1.  Sustainable Growth Rate = (ROE)(Plowback)/1-(ROE)(Plowback)

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