Report analysing the performance, liquidity and profitability of Ashburton Plc
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| Submitted: Sun Dec 15 2002
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Report analysing the performance, liquidity and profitability of Ashburton Plc Written By Jane Mac Seminar Tutor: Jane Hughes Word Count: 1422 Executive Summary This report analyses the performance of Ashburton Plc, using profitability, liquidity and other ratios. Between 2000 and 2001, Ashburton Plc achieved: * a 21.7% decrease in Return on Capital Employed * a decrease in Annual Turnover ratio from 3.8 to 2.7 * no/small change in the current and acid test ratio * the period of time for debtors to make the payments increased, but was still within the thirty day credit period given * the period of time taken to pay back creditors increased from 17 days to 20 days * a decrease in both gross and net profit ratios * an increase in gearing ratio Contents Page 1.0 Introduction Pg 4 1.1 Objectives 1.2 Methodology 1.3 Terms of Reference 2.0 Ashburton Plc Pgs 4 - 8 2.1 Performance 2.1.1 Turnover 2.1.2 Annual Turnover Ratio 2.2 Profitability ratios 2.2.1 Gross Profit percentage 2.2.2 Net Profit percentage 2.3 Use of Assets ratios 2.3.1 Sales to fixed assets ratio 2.3.2 Debtors...

