英文财务指标及计算公式汇总.pdf

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1、RatiosProfitabilityratiosProfitabilityratiosmeasurethefirm'suseofitsassetsandcontrolofitsexpensestogenerateanacceptablerateofreturn.Grossmargin,GrossprofitmarginorGrossProfitRateOROperatingmargin,OperatingIncomeMargin,OperatingprofitmarginorReturnonsales(ROS)Note:Operatingincomeisthedifferencebetwee

2、noperatingrevenuesandoperatingexpenses,butit[10]isalsosometimesusedasasynonymforEBITandoperatingprofit.Thisistrueifthefirmhasnonon-operatingincome.(Earningsbeforeinterestandtaxes/Sales)Profitmargin,netmarginornetprofitmarginReturnonequity(ROE)Returnoninvestment(ROIratioorDuPontratio)Returnonassets(R

3、OA)ReturnonassetsDuPont(ROADuPont)ReturnonEquityDuPont(ROEDuPont)Returnonnetassets(RONA)....Returnoncapital(ROC)Riskadjustedreturnoncapital(RAROC)ORReturnoncapitalemployed(ROCE)Note:thisissomewhatsimilarto(ROI),whichcalculatesNetIncomeperOwner'sEquityCashflowreturnoninvestment(CFROI)EfficiencyratioN

4、etgearingLiquidityratiosLiquidityratiosmeasuretheavailabilityofcashtopaydebt.Currentratio[17]Acid-testratio(Quickratio)Operationcashflowratio....ActivityratiosActivityratiosmeasuretheeffectivenessofthefirmsuseofresources.AveragecollectionperiodDegreeofOperatingLeverage(DOL)DSORatioAveragepaymentperi

5、odAssetturnoverInventoryturnoverratioReceivablesTurnoverRatioInventoryconversionratioInventoryconversionperiodReceivablesconversionperiodPayablesconversionperiod....CashConversionCycleInventoryConversionPeriod+ReceivablesConversionPeriod-PayablesConversionPeriodDebtratios(leveragingratios)Debtratios

6、measurethefirm'sabilitytorepaylong-termdebt.Debtratiosmeasurefinancialleverage.DebtratioDebttoequityratioLong-termDebttoequity(LTDebttoEquity)Timesinterest-earnedratioORDebtservicecoverageratioMarketratiosMarketratiosmeasureinvestorresponsetoowningacompany'sstockandalsothecostofissuingstock.Earnings

7、pershare(EPS)PayoutratioORDividendcover(theinverseofPayoutRatio)....P/EratioDividendyieldCashflowratioorPrice/cashflowratioPricetobookvalueratio(P/BorPBV)Price/salesratioPEGratioOtherMarketRatiosEV/EB