FM-assignment-COMPLETED.docx

# Current ratio bonia 474 135 258 327 242 times 2 bonia

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Current ratio (Bonia) = 474 , 135 258 , 327 = 2.42 times 2

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Debt to equity ratio (Padini-2015) = 405,634 197,138 =0.486=48.6% Debt to equity ratio (Padini-2014) = 387,664 181,226 =0.467=46.7% Padini Holdings Berhad has 48.6% of debt financing relative to its equity in year 2015 while 46.7% of debt financing relative to its equity in year 2014. Debt to equity ratio (Bonia-2015) = 404,305 260,251 =0.644=64.4% Debt to equity ratio (Bonia-2014) = 360,620 252,468 =0.700 =70.0% Bonia Corporation Berhad has 64.4% of debt financing relative to its equity in year 2015 while 70.0% of debt financing relative to its equity in year 2014. -Time interest earned ratio Padini Holdings Berhad Bonia Corporation Berhad 2015 (RM’000) 2014 (RM’000) 2015 (RM’000) 2014 (RM’000) Earnings before interest 114,692 127,935 83,144 93,625 Interest payable 2,857 2,216 10,438 8,085 Time interest earned ratio = charges Interest tax and interst before Earning Time interest earned ratio (Padini-2015) = 857 , 2 114,692 =40.14 times Time interest earned ratio (Padini-2014) = 2,216 127,935 =57.73 times 5
Padini Holdings Berhad can cover its interest charges 40.15 times on a pretax basis in year 2015 while for year 2014,Padini Holdings Berhad can cover its interest charges 57.73 times on a pretax basis. Time interest earned ratio (Bonia-2015) = 10,438 83,144 =7.97 times Time interest earned ratio (Bonia-2014) = 8,085 93,625 =11.58 times Bonia Corporation Berhad can cover its interest charges 7.97 times on a pretax basis in year 2015 while for year 2014,Bonia Corporation Berhad can cover its interest charges 11.58 times on a pretax basis.

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