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Can I read ACI vs. Renata Financial Ratios 2007-2009 on EtoBox?
ACI vs. Renata Financial Ratios 2007-2009 by kingsadat is a document available to read on EtoBox.
What is ACI vs. Renata Financial Ratios 2007-2009 about?
This document presents 17 financial ratios for Advance Chemical Industries Limited for the years 2007-2009. The current ratio increased from 0.93 in 2007 to 1.07 in 2009, indicating more current assets relative to current liabilities over time. Inventory turnover ratio decreased from 3.64 in 2007 to 4.43 in 2009, meaning inventory was turning over more slowly. Debt ratio decreased from 40% in 2007 to 36% in 2009, showing declining use of debt over time. Return on assets increased from 6.13% in 2007 to 9.91%
- Author
- kingsadat
- Language
- EN