The concept of balance sheet refers to a financial statement that summarizes company´s assets,liabilities and shareholders equity a specific point in time.
Taking into account the balance sheet of Deoleo SA in 2013 we can see that current assets had a value of 477,000 and current liabilities a value of 285,000 ,so current assets were higher than current liabilities,this means that there were no short-term liquidity problems as the cash available over the next year was higher than the cash to be paid out. In 2013 the working capital(Current Assets - Current Liabilities) was 191,826,this positive result means that Deoleo SA fully financed its non-current assets and part of its current assets with long-term capital. In 2012,the current assets were 456,764 so we can see an increase as well in the current liabilities 200,236 ,and the working capital also was higher.
The ROA(return on assets) is an indicator or how profitable a company is relative to its total assets and explains the idea of how efficient managements is at using the assets of the firm to generate benefits,the ROA can be calculated net income/ assets ( 42,104 / 1,724,000 ) x 100 = 2.44% . The ROE (return on equity) is an indicator that measures a corporation's profitability by revealing how much profit a company generates with the money that shareholders have invested. The ROE can be calculated net income/ equity (42,104 / 625,000) x 100= 6.74%
In conclusion,looking at past years we can see that the debt of Deoleo SA is decreasing continuously but not too much and the total assets have remained almost constant.
Taking into account the balance sheet of Deoleo SA in 2013 we can see that current assets had a value of 477,000 and current liabilities a value of 285,000 ,so current assets were higher than current liabilities,this means that there were no short-term liquidity problems as the cash available over the next year was higher than the cash to be paid out. In 2013 the working capital(Current Assets - Current Liabilities) was 191,826,this positive result means that Deoleo SA fully financed its non-current assets and part of its current assets with long-term capital. In 2012,the current assets were 456,764 so we can see an increase as well in the current liabilities 200,236 ,and the working capital also was higher.
The ROA(return on assets) is an indicator or how profitable a company is relative to its total assets and explains the idea of how efficient managements is at using the assets of the firm to generate benefits,the ROA can be calculated net income/ assets ( 42,104 / 1,724,000 ) x 100 = 2.44% . The ROE (return on equity) is an indicator that measures a corporation's profitability by revealing how much profit a company generates with the money that shareholders have invested. The ROE can be calculated net income/ equity (42,104 / 625,000) x 100= 6.74%
In conclusion,looking at past years we can see that the debt of Deoleo SA is decreasing continuously but not too much and the total assets have remained almost constant.
2012
|
2013
| |
Assets
|
1,666,852
|
1,724,000
|
Liabilities
|
1,106,202
|
1,099,000
|
Equity
|
560,650
|
625,000
|
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