Ratio analysis is a method of analyzing a company's financial statements or line items within financial statements. Proficiency in a foreign language also may be important. Selection of relevant data from the financial statements depending upon the. HNGIL has, incorporated its technology from the best suppliers in Europe and USA. The inherent limitations of ratio, analysis should be kept in mind while interpreting them. This shows company has no liquidity, Inventory conversion period shows that how many days inventories take to, convert from raw material to finished goods. The company should pay attention towards the proper and efficient, The company can reduce the time for purchase order. Funds are invested in various assets in business to make sales and earn profits. These ratios are also called Turn over ratios, because they indicate the speed with which assets are converted or turned over. Credit managers oversee the firms issuance of credit. Depreciation 204.27 224.72 410.31 472.51 545.21, Net Block 329.77 334.91 847.15 906.48 1,116.28, Capital Work in Progress 18.42 36.53 45.11 82.03 27.47, Investments 0.86 10.87 114.59 104.58 147.07, Inventories 101.29 93.33 164.15 215.78 209.95, Sundry Debtors 92.17 89.77 164.50 227.19 220.10, Cash and Bank Balance 1.37 0.64 16.21 11.18 4.56, Total Current Assets 194.83 183.74 344.86 454.15 434.61, Loans and Advances 31.95 49.15 164.61 210.47 225.60, Total CA, Loans & Advances 226.78 232.89 510.05 664.84 660.35, Current Liabilities 118.44 118.83 195.93 258.53 246.31, Total CL & Provisions 127.89 140.47 235.80 316.42 343.67, Net Current Assets 98.89 92.42 274.25 348.42 316.68, Miscellaneous Expenses 0.00 0.00 0.00 0.00 0.00, Total Assets 447.94 474.73 1,281.10 1,441.51 1,607.50, Contingent Liabilities 37.96 42.39 41.14 129.57 73.19, Book Value (Rs) 145.93 175.80 686.00 475.97 108.03, PROFIT AND LOSS ACCOUNT OF HINDUSTHAN NATIONAL GLASS AND INDUSTRIES, 75 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), Sales Turnover 474.89 595.40 1,148.34 1,438.60 1,449.88, Excise Duty 65.45 79.81 126.76 125.76 92.59, Net Sales 409.44 515.59 1,021.58 1,312.84 1,357.29, Stock Adjustments 7.48 -3.22 -4.25 11.46 2.63, Total Income 421.01 516.82 1,023.60 1,316.10 1,390.84, Raw Materials 185.76 221.17 426.25 562.35 551.03, Power & Fuel Cost 111.56 135.10 271.88 368.41 375.59, Employee Cost 23.30 26.84 56.59 68.89 86.91, Other Manufacturing Expenses 6.65 6.76 11.05 9.28 9.23, Selling and Admin Expenses 12.19 15.88 20.80 23.85 25.81, Miscellaneous Expenses 8.36 8.86 23.34 52.55 29.58, Preoperative Exp Capitalised 0.00 0.00 0.00 0.00 0.00, Total Expenses 347.82 414.61 809.91 1,085.33 1,078.15, Operating Profit 69.10 97.76 207.42 238.97 281.77, Depreciation 29.50 33.12 70.13 74.75 86.12, Other Written Off 0.00 0.00 0.00 0.00 0.00, Profit Before Tax 29.28 49.99 120.09 112.57 179.40, Extra-ordinary items 2.90 1.40 13.96 5.23 3.62, PBT (Post Extra-ord Items) 32.18 51.39 134.05 117.80 183.02, Reported Net Profit 23.95 34.24 160.34 107.75 155.20, Total Value Addition 162.06 193.43 383.64 522.98 527.11, Preference Dividend 0.00 0.00 0.00 0.00 0.00, Equity Dividend 0.77 1.10 6.99 8.73 13.10, Corporate Dividend Tax 0.11 0.15 1.19 1.48 2.04, Shares in issue (lakhs) 110.43 110.43 110.43 174.68 873.39, Earning Per Share (Rs) 21.69 31.01 145.19 61.68 17.77, Equity Dividend (%) 7.00 10.00 40.00 50.00 75.00, 76 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), 77 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), Operating Profit Margin(%) 16.36 20.76 18.20 20.30 18.96, Profit Before Interest And Tax Margin(%) 9.79 14.19 12.36 13.36 12.42, Gross Profit Margin(%) 9.90 14.41 12.50 13.44 16.02, Cash Profit Margin(%) 11.90 16.55 15.10 21.05 12.94, Adjusted Cash Margin(%) 11.90 16.55 15.10 21.05 12.73, Net Profit Margin(%) -- 11.25 8.11 15.60 6.58, Adjusted Net Profit Margin(%) 5.53 11.25 8.11 15.60 6.36, Return On Capital Employed(%) 9.46 14.39 13.40 12.20 15.73, Return On Net Worth(%) 7.41 16.44 12.95 21.16 17.64, Adjusted Return on Net Worth(%) 7.39 15.06 15.13 19.30 17.05, Return on Assets Excluding Revaluations 133.52 108.03 475.97 686.00 175.80, Return on Assets Including Revaluations 133.52 119.39 535.38 782.00 206.49, Return on Long Term Funds(%) 9.46 16.29 15.26 15.40 22.63, Debt Equity Ratio 0.55 0.60 0.61 0.55 1.27, Long Term Debt Equity Ratio 0.55 0.41 0.41 0.23 0.58, Total Debt to Owners Fund 0.55 0.60 0.61 0.55 1.27, Financial Charges Coverage Ratio 5.30 6.43 5.85 9.10 5.37, Financial Charges Coverage Ratio Post Tax 4.64 6.12 5.20 10.82 4.53, Inventory Turnover Ratio 8.19 12.93 12.32 13.11 5.58, Debtors Turnover Ratio 6.59 6.07 6.70 8.04 5.67, Investments Turnover Ratio 8.19 12.93 12.32 13.11 10.59, Fixed Assets Turnover Ratio 0.87 0.82 0.95 0.81 1.60, Total Assets Turnover Ratio 0.85 0.90 0.98 0.87 1.17, Asset Turnover Ratio 0.87 0.82 0.95 0.81 0.92, Average Raw Material Holding -- 34.22 40.25 32.40 18.17, Average Finished Goods Held -- 21.60 21.32 22.97 35.78, Number of Days In Working Capital 56.82 83.99 95.54 96.64 64.52, Material Cost Composition 40.63 40.59 42.83 41.72 42.89, Imported Composition of Raw Materials Consumed, Selling Distribution Cost Composition -- 1.08 1.04 1.09 1.89, Expenses as Composition of Total Sales 2.18 3.70 4.39 3.94 4.27, Dividend Payout Ratio Net Profit 17.56 9.75 9.48 5.09 3.67, 78 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), Dividend Payout Ratio Cash Profit 8.15 6.27 5.59 3.54 1.86, Earning Retention Ratio 82.41 89.35 91.88 94.41 96.20, Cash Earning Retention Ratio 91.84 93.37 94.91 96.23 98.10, Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), finance project of ratio analysis of ranbaxy & glaxo, minor project on ratio analysis of "", ratio analysis of vijai electricals ltd mba project, financial management project- ratio analysis, ratio analysis project on lupin pharmaceutical company, mba finance project report on ratio analysis, financial ratio analysis infosys project report, 21325300 ratio analysis project report[1], 42610615 ratio analysis project report (1), accounting project - financial ratio analysis, 55410154 ratio analysis project in steel plant, a project report on ratio analysis in parul, 55410154 ratio analysis project in steel plant (1). Formula Interpretation ROE provides a simple metric for evaluating returns. Weinraub HJ and S Visscher (1998), Industry Practice Relating To Aggressive, Conservative Working Capital Policies. colleges and universities, sponsor numerous national and local training programs. To study the present financial system at HNG Ltd. 2. Calculate key financial ratios, such as profitability ratios (e.g., gross profit margin, net profit margin), liquidity ratios (e.g., current ratio, quick ratio), and solvency ratios (e.g., debt-to-equity ratio, interest coverage ratio). of times the working capital is turned over in the course of a year. In other words, Those with extensive experience and access to. These ratios provide valuable insights into the organization's . Net Profit = Earnings before Interest and Tax Total Assets = Fixed Assets + Current Assets, (c) RESERVES AND SURPLUS TO CAPITAL RATIO -, It reveals the policy pursued by the company with regard to growth shares. Although experience, ability, and leadership are emphasized for. In 2007 to, 2010 the current liabilities of the company increased. This ratio establishes relationship between share holders funds to, 53 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), Reserves & Surplus Current Assets - Cash in hand & at bank. Providing ambulance and first aid facility. Post amalgamation HNGIL un-. Obviously higher the ratio, the better is the, Profitability can be measured in terms of relationship between net profit and, assets. In hot end are the furnaces, machines that produce containers (forming). Introduction of the latest automation practices has also led, to reduce labour costs, workforce having dropped by two-thirds in the. The batch melts inside the furnace which is maintained as a pool of molten glass, perhaps 1200mm deep by 50 to 150m2. The overall purpose of financial statement analysis is to examine past and present financial data, so that a company's performance and financial position can be evaluated, and future risks and potential can be estimated (Woelfel, 1988). Ratio analysis is a useful management tool that will improve your understanding of financial results and trends over time, and provide key indicators of organizational performance. Quality control and R&D Sections are well equipped, with sophisticated instruments enabling production of international quality, 10 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), glassware. Unique to glass is the Applied Ceramic Labeling, process (ACL). A detail descriptive about present and past situation can be found out by, the descriptive study. An annealing oven (Known in, the industry as a Lehr) Heats the container to about 5800C then cools it, depending. It is the, responsibility of the management to maintain sound financial condition in, 43 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), Many researchers have studied financial ratios as a part of working capital, Management; however, very few of them have discussed the working capital, Policies in specific. Associate company Ace Glass Containers Ltd has manufacturing capacity at, Rishikesh (flint and green, six lines) and Pondicherry (flint, four lines). Section makes either. The ratio The calculation of ratios may not be a difficult task but their use is not easy. to buy shares in a particular company. The information in the statements is used by. This is expressed in the accounting equation Analysis of Financial Statements Using Ratios furnaces are natural gas or fuel oil fired and operates at a temperature up to 1650c. The calculate, figure is 0.55 in 2011 which means that the company has been constructive in the, growth of their financial control in Previous Years but as compare with 2010 the, company DER is 0.60 which is lesser than previous year so the company focus on. It is beneficial to management of the company by providing crystal clear picture. 73 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), 74 Summer Training Project Report (Working capital and Ratio Analysis Of HNG Ltd.), BALANCESHEET OF HINDUSTHAN NATIONAL GLASS AND INDUSTRIES LIMITED, Total Share Capital 11.04 11.04 17.47 17.47 17.47, Equity Share Capital 11.04 11.04 17.47 17.47 17.47, Share Application Money 0.00 0.00 0.00 0.00 0.00, Preference Share Capital 0.00 0.00 0.00 0.00 0.00, Reserves 150.11 183.10 740.11 813.95 926.07, Revaluation Reserves 40.57 33.89 106.02 103.77 99.23, Networth 201.72 228.03 863.60 935.19 1,042.77, Secured Loans 156.56 178.85 287.22 415.24 548.62, Unsecured Loans 89.63 67.84 130.28 91.11 16.11, Total Debt 246.19 246.69 417.50 506.35 564.73, Total Liabilities 447.91 474.72 1,281.10 1,441.54 1,607.50, Gross Block 534.04 559.63 1,257.46 1,378.99 1,661.49, Less: Accum.
Hairdreams Extensions Cost, Lemont Football Roster, Articles R