Asus 2014 Annual Report Download - page 111

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107
(II) Financial analysis for separate report – adopting IFRSs
Year (Note 1)
Item (Note 3)
Financial analysis in the past five years
As of
April 15, 2015
2010 2011 2012 2013 2014
Financial
structure
(％)
Ratio of liabilities to
assets
N/A
39.23 38.80 40.75
(Note 2)
Ratio of long-term
capital to Property,
plant and equipment
3,148.28 3,044.80 5,303.67
Solvency
(%)
Current ratio (%) 172.09 165.85 149.17
Quick ratio (%) 131.49 130.03 113.06
Times interest earned 5,332,951.00 5,112,353.40 1744.31
Operating
ability
Account receivable
turnover (times) 5.98 5.13 4.70
Days sales in
accounts receivable 61.03 71.15 77.65
Inventory turnover
(times) 13.69 11.66 10.79
Account payable
turnover (times) 6.77 6.04 5.58
Average days in sales 26.66 31.30 33.82
Property, plant and
equipment turnover
(times)
97.82 84.99 100.04
Total assets turnover
(times) 1.93 1.68 1.55
Profitability
Ratio of return on
total assets (%) 11.58 10.02 7.84
Ratio of return on
equity (%) 18.65 16.42 13.03
Ratio of profit
before tax to
Paid-in capital (%)
(Note 7)
354.23 344.15 314.72
Profit ratio (%) 5.99 5.98 5.07
Earnings per share ($)
(non-retroactive)) 29.84 28.66 26.21
Cash flow
(％)
Cash flow ratio (%) 20.92 20.87 9.38
Cash flow adequacy
ratio (%) 115.09 114.10 79.65
Cash reinvestment
ratio (%) 3.70 1.41 (2.65)
Leverage
Degree of operating
leverage 1.34 1.70 1.90
Degree of financial
leverage 1.00 1.00 1.00