JAIIB · AFM

RATIO ANALYSIS 3

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Accounting and Financial Management for Bankers — JAIIB.

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Q

What does the Debt-Equity Ratio measure in a firm's financial structure?

A

It measures the proportion of debt financing relative to equity, indicating the degree of financial leverage and creditors' risk exposure.

Q

What is the formula for calculating the Absolute Liquid Ratio?

A

Cash plus marketable securities divided by current liabilities

Q

How is the Current Ratio calculated and what does a ratio of 2:1 signify?

A

Current Ratio = Current Assets / Current Liabilities; a 2:1 ratio is traditionally considered ideal, indicating the firm can comfortably cover short-term obligations.

Q

What does a Current Ratio below 1:1 indicate about a firm's liquidity position?

A

Firm cannot meet short-term obligations from current assets

Q

What is the Quick Ratio and why is it preferred over the Current Ratio for liquidity assessment?

A

Quick Ratio = (Current Assets – Inventory – Prepaid Expenses) / Current Liabilities; it excludes less-liquid assets, giving a stricter measure of immediate liquidity.

Q

How is the Fixed Charges Coverage Ratio different from the Interest Coverage Ratio?

A

Fixed charges coverage includes lease payments and preference dividends additionally

Q

What does the Proprietary Ratio indicate about a company's financial health?

A

Proprietary Ratio = Shareholders' Funds / Total Assets; it shows the proportion of assets financed by owners, with a higher ratio indicating greater financial stability.

Q

What is the formula for Net Worth Ratio in financial analysis?

A

Shareholders' net worth divided by total assets multiplied by hundred

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