BP · VIDEOLECTURE

RATIO ANALYSIS PART 2 & WORKING CAPITAL MANAGEMENT

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for VIDEO LECTURES OF ASHISH SIR (FOR ALL SCALES) — Bank Promotions.

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Q

What does the Current Ratio measure in ratio analysis?

A

The Current Ratio measures a firm's ability to meet its short-term obligations using current assets. It is calculated as Current Assets divided by Current Liabilities, with a standard benchmark of 2:1 for healthy liquidity.

Q

What is the Capital Gearing Ratio and what does a high ratio indicate?

A

Fixed interest capital to equity; high ratio means high financial risk.

Q

What is the Quick Ratio (Acid Test Ratio) and why is it preferred over the Current Ratio?

A

The Quick Ratio is calculated as (Current Assets minus Inventory) divided by Current Liabilities. It is preferred because it excludes inventory, which may not be quickly convertible to cash, giving a more conservative liquidity picture.

Q

What is the Absolute Liquid Ratio (Super Quick Ratio) and what does it measure?

A

Cash plus bank balances to current liabilities; measures immediate liquidity.

Q

What is the significance of a Current Ratio below 1:1 for a banker?

A

A Current Ratio below 1:1 indicates that the firm cannot cover its current liabilities with current assets, signaling a liquidity crisis. A banker would treat this as a red flag when assessing creditworthiness.

Q

What is the ideal value of the Quick Ratio considered acceptable by banks?

A

1:1 is considered the ideal Quick Ratio by banks.

Q

How is the Debt-Equity Ratio calculated and what does it indicate?

A

The Debt-Equity Ratio is calculated as Total Long-Term Debt divided by Shareholders' Equity (Net Worth). It indicates the degree of financial leverage and how much the business is funded by creditors versus owners.

Q

What is the Debt to Total Assets Ratio and what does it signify?

A

Total debt divided by total assets; shows proportion of assets financed by debt.

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