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Unformatted text preview: 1.6 1.7 1.6 Average Liquidity Ratios 9. Current Ratio Current Assets / Current Liabilities 1.2 1.2 1.2 Right on 10. Quick Ratio Current Assets - Inventory / Current Liab. 0.2 0.2 0.2 Right on Debt Utilization Ratios 11. Debt to Total Assets Total Debt / Total Assets 63.22% 64.00% 52.00% Above - HD's Debt to Assets is higher than industry average There are a few differences in the ratios that I calculated versus the ones from MSN Money. A possible reason for this, is they rounded some of their numbers differently. Also, the numbers they used to calulate could be from a previous quarter or year balance sheet, and income statement. Management does not discuss the differences in their ratios such as the recievables turnover being so much different...
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- Spring '12
- Corporate Finance