Ratios_20081122

Ratios_20081122 - Einstein Noah Restaurant Group Inc Year Ending Year Ending Year Ending Figure 5-3 Summary of Important Financial Ratios 2005 2006

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Unformatted text preview: Einstein Noah Restaurant Group Inc. Year Ending Year Ending Year Ending Figure 5-3 Summary of Important Financial Ratios 2005 2006 2007 Profitability Ratios Return on equity Net Income / Average Stockholders' Equity 11.75% 5.31%-15.18% Pre-Interest ROA {Net Income + [Interest Expense (1-Tax Rate)]}/Average Total Assets 6.69% 9.61% 17.42% Return on Assets Net Income/Average Total Assets-9.69%-5.20% 8.94% Return on Sales (profit margin) {Net Income +[Interest Expense (1-Tax Rate)]}/Net Sales 2.49% 3.25% 6.09% Leverage Ratios Common equity leverage Net Income / {Net Income + [Interest Expense (1-Tax Rate)]}-1.448-0.541 0.513 Capital structure leverage Average Total Assets / Average Stockholders' Equity-1.212-1.022-1.699 Debt/equity ratio Average Total Liabilities / Average Stockholders' Equity-2.212-2.022-2.699 Long-term debt ratio Long-Term Liabilities / Total Assets 1.156 1.251 0.598 Solvency Ratios Current ratio Current Assets / Current Liabilities 0.620 0.757 1.144 Quick ratio (Cash + Marketable Securities + Net Accounts Receivable) / Current Liabilities 0.311 0.434 0.727 Interest coverage (Net Income + Tax Expense + Interest Expense) / Interest Expense 1.395 2.096 3.319 Accounts payable turnover Cost of Goods Sold / Average Accounts Payable 44.765 67.717 76.487 # days AP remains outstanding 365 days/Accounts Payable Turnover 8.154 5.390 4.772 Asset Turnover Ratios Receivables turnover 6161.90% 6554.53% 5674.68% Inventory turnover Cost of Goods Sold / Average Inventory 6299.63% 6214.17% 6275.65% Fixed assets turnover Sales / Average Fixed Assets 1034.63% 1159.77% 987.47% Total asset turnover Sales / Average Total Assets 268.91% 295.34% 286.03% Other Ratios Earnings per share Net Income / Average Number of Common Shares Outstanding $(1.42) $(0.66) $0.88 Price/earnings ratio Market Price per Share / Earnings Per Share 0.000 0.000 0.000 Dividend yield ratio Dividends per Share / Market Price per Share------ Stock price return #DIV/0! #DIV/0! #DIV/0! 1: Because credit sales are not disclosed by the company, we are using total sales as a proxy for credit sales. http://www.reuters.com/finance/stocks/ratios?symbol=BAGL.W Net Credit Sales 1 / Average Accounts Receivable (Market Price 1- Market Price + Dividends) / Market Price Panera Bread Co....
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This note was uploaded on 03/13/2011 for the course FIN 5013 taught by Professor Gosnell during the Spring '08 term at Oklahoma State.

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Ratios_20081122 - Einstein Noah Restaurant Group Inc Year Ending Year Ending Year Ending Figure 5-3 Summary of Important Financial Ratios 2005 2006

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