Asus 2008 Annual Report Download - page 79

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75
ˊˈʳ
II. Financial analysis in the past five years
Financial analysis in the past five years
Year
Item (Note 2) 2004 2005
(adjusted)
2006
(adjusted)
2007
(adjusted) 2008
As of April
23, 2009
(Note 5)
Ratio of liabilities to assets 24.99 46.63 56.1
4
46.97 24.68 -
Financial
structure
ΰиα Ratio of long-term capital to fixed
assets 1030.09 1369.54 1601.39 2040.88 4516.60 -
Current ratio (%) 299.77 139.62 125.46 150.80 182.94 -
Quick ratio (%) 242.51 83.73 77.60 105.90 126.43 -
Solvency
(%)
Times interest earned ratio 3456.00 10707.73 584.33 62.11 66.82 -
Account receivable turnover
(times) 7.67 6.23 5.11 5.56 3.38 -
Days sales in accounts receivable 47.58 58.58 71.42 65.64 107.98 -
Inventory turnover (times) 6.40 5.51 5.92 8.47 5.20 -
Account payable turnover (times) 6.74 3.79 3.76 5.50 4.16 -
Average days in sales 57.03 66.24 61.65 43.09 70.19 -
Fixed assts turnover (times) 8.63 20.61 43.09 68.74 67.32 -
Operating
ability
Total assets turnover (times) 0.70 0.88 1.29 1.96 1.12 -
Ratio of return on total assets (%) 15.08 9.68 7.54 9.24 6.39 -
Ratio of return on shareholders’
equity (%)
19.16 15.88 15.77 18.78 10.08 -
Operating income 19.76 36.97 27.52 43.00 11.93 -
Ratio to issued
capital stock (%)
Income before tax 62.69 57.91 69.50 88.65 48.41 -
Profit ratio (%) 19.34 8.50 4.91 4.62 6.60 -
Profitability
Earnings per share ($) 5.91 4.64 5.57 7.43 3.88 -
Cash flow ratio (%) (23.49) 11.32 1.97 9.44 33.92 -
Cash flow adequacy ratio (%) 57.22 30.00 18.66 26.37 36.87 -
Cash flow
(и)
Cash reinvestment ratio (%) (7.69) 4.65 (0.02) 3.54 4.92 -
Degree of operating leverage 1.82 1.52 1.88 1.62 1.79 -
Balance
Degree of financial leverage 1.00 1.00 1.00 1.03 1.07 -