Current Ratio 2014 2015 2016 2017 2018

Total Current Asset 6,447,87 6,187,424 6,656,84 5,287,09 4,654,10

3 3 6 6
Total Current Liability 2,769,59 3,155,378 3,846,55 3,324,75 3,250,48
9 1 8 8
Current ratio 2.33 1.96 1.73 1.59 1.43

Current ratio
2.50
2.33

1.96
2.00
1.73 2014
1.59 2015
1.50 1.43 2016
2017
2018
1.00

0.50

0.00

Current ratio: the company’s current ratio is decreasing. The liquid position of the company is becoming
weak. The reason of this is their current asset is decreasing and liability is increasing. That’s why current
ratio is decreasing.

Quick ratio :

Quick Ratio/ Acid Test ratio 2014 2015 2016 2017 2018
Total Current Asset 6,447,873 6,187,424 6,656,843 5,287,096 4,654,106
Total Current Liability 2,769,599 3,155,378 3,846,551 3,324,758 3,250,488
Inventory 1,025,789 983,226 1,495,556 1,171,532 1,834,689
Acid Test ratio 1.96 1.65 1.34 1.24 0.87
 Acid Test Ratio
2.50

1.96 2014
2.00
1.65 2015
1.50 1.34 2016
1.24 2017
1.00 0.87 2018

0.50

0.00

Quick Ratio: The Company’s quick ratio is also decreasing and the company is holding excess amount of
inventory in recent years compared to 2014.

Inventory Turnover:

Inventory Turnover Ratio 2014 2015 2016 2017 2018

Inventory 1,025,78 983,226 1,495,55 1,171,53 1,834,68
9 6 2 9
COGS 8,491,98 7,948,110 7,858,89 7,844,52 9,279,77
3 2 6 5
Inventory Turnover ratio 8.28 8.08 5.25 6.70 5.06

inventory Turnover
9.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00
1.00
0.00

2014 2015 2016 2017 2018

Inventory turnover: From 2014 to 2018 inventory turnover is decreasing. Inventory is sold out or turned
over less over the period of time. We can see that the company’s inventory is increasing compared to
earlier year. Every year company’s inventory is increasing.

Fixed Asset turnover:

Fixed Asset Turnover Ratio 2014 2015 2016 2017 2018

Sales
10,504,5 10,485,05 10,600,4 9,801,50 11,151,2
00 4 66 6 86
Net Fixed Asset
3,724,98 3,584,283 3,531,66 3,443,40 3,987,31
6 4 3 3
Fixed Asset Turnover Ratio 2.82 2.93 3.00 2.85 2.80

Fixed Asset Turnover Ratio

3.05
3.00
2.95
2.90
2.85
2.80
2.75
2.70
2.65

2014 2015 2016 2017 2018

Fixed asset turnover : The company made their best use of fixed asset was in 2016 , fixed asset turnover
ratio was the highest on 2016 , it was 3 and in 2015 was second highest , we can see that in different
perspective is that the fixed asset using efficiency was increasing till 2016 ,later on it started decreasing .
Total Asset turnover :

Total Asset Turnover Ratio 2014 2015 2016 2017 2018

Sales
10,504, 10,485,0 10,600, 9,801,5 11,151,
500 54 466 06 286
Total asset
10,172, 9,771,70 10,188, 8,730,4 8,641,4
859 7 507 99 19
Total Asset Turnover Ratio 1.03 1.07 1.04 1.12 1.29

Total Asset Turnover

1.40
1.20
1.00
0.80
0.60
0.40
0.20
0.00

2014 2015 2016 2017 2018

Total asset turnover : the company generated a sufficient volume of business given its investment in
total assets in 2018 , compared to other year 2018 has generated larger volume of business and 2014 was
insufficient because they total asset was higher and the sales wasn’t up to the mark compared to their
investment in total asset .
Debt to Total asset:

Debt to Total Asset 2014 2015 2016 2017 2018

Total Liabilities
3,648,85 3,992,860 4,596,89 4,030,83 3,969,55
7 7 6 2
Total Assets
10,172,8 9,771,707 10,188,5 8,730,49 8,641,41
59 07 9 9
Debt To total Asset 35.87% 40.86% 45.12% 46.17% 45.94%

Debt to total asset

50.00%
45.00%
40.00%
35.00%
30.00%
25.00%
20.00%
15.00%
10.00%
5.00%
0.00%

2014 2015 2016 2017 2018

Debt to total asset : In 2017 the firm’s assets was mostly financed by creditors compared to other years
but in 2014 assets was financed by creditors was less and their debt ratio was the lowest. In terms of Debt
ratio firm was in good position in 2014 and worst in 2017. The firm would get loan easily in 2014.
Net Profit Margin:

Net Profit Margin 2014 2015 2016 2017 2018

Net Profit
1,179,55 1,401,98 1,507,87 1,155,49 809,758
4 2 1 5
Sales
10,504,5 10,485,0 10,600,4 9,801,50 11,151,2
00 54 66 6 86
Net Profit Margin 11.23% 13.37% 14.22% 11.79% 7.26%

Net profit margin

16.00%
14.00%
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%

2014 2015 2016 2017 2018

Net Profit margin: Even though the inventory turnover was highest in 2014 but The profit per dollar of
sales is highest in 2016 it was 14.22 % because their COGS was less compared to 2014 , and they profit
was lowest in 2018 ,it was only 7.26 % . in 2016 their sales was high and their cost was low but in 2018
their sales was low and their cost was high .
Return in total asset :

Return on Total Asset 2014 2015 2016 2017 2018

Net Income
1,179,55 1,401,98 1,507,87 1,155,49 809,758
4 2 1 5
Total Asset
10,172,8 9,771,70 10,188,5 8,730,49 8,641,41
59 7 07 9 9
Return on Total Asset 11.60% 14.35% 14.80% 13.24% 9.37%

Return on total Asset

16.00%
14.00%
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%

2014 2015 2016 2017 2018

Return on Total Assets : From 2014-2018 among them 2016 generated the highest profit the total asset
use is numerically higher but relatively for generating this much profit the total asset was used less than
other years . Again 2018 was unable give decent return, it generated only 9.37% ROE.
Return on Equity :

Return on Equity 2014 2015 2016 2017 2018

Net Income Available to Common
Stoclholders 1,179,55 1,401,982 1,507,87 1,155,49 809,758
4 1 5
Common Equity 6,524,00 5,778,847 5,591,61 4,699,66 4,671,86
2 0 3 7
Return on Equity 18.08% 24.26% 26.97% 24.59% 17.33%

Return on Equity
30.00%

25.00%

20.00%

15.00%

10.00%

5.00%

0.00%

2014 2015 2016 2017 2018

Return on Equity: The rate of return on stockholders’ investment is higher in 2016 as the net income
available to common stockholders was highest, and in 2018 was the worst was in 2018 because net profit
, it happened their COGS was higher .