Page 110 - Tata Steel One Report 2024-Eng-Ebook HY

Financial Ratios
Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements Attachments
FY25 FY24 FY23
Liquidity ratio
1. Current ratio (times) 5.32 5.13 4.96
2. Quick ratio (times) 3.01 2.93 2.52
3. Accounts receivable turnover ratio (times) 8.62 9.14 11.73
4. Average collection period (days) 42 40 31
5. Inventory turnover ratio (times) 7.29 6.98 7.03
6. Days sales in inventory (days) 50 52 52
7. Accounts payable turnover ratio (times) 27.26 27.90 32.50
8. Average payment period (days) 13 13 11
9. Cash cycle (days) 79 79 72
Efficiency ratio
10. Fixed asset turnover ratio (times) 10.11 10.01 12.62
11. Total asset turnover ratio (times) 1.63 1.63 1.99
Debt Management ratio
12. Debt to asset ratio (%) 17.35 17.49 17.56
13. Debt to quity ratio (times) 0.21 0.21 0.21
14. EBITDA coverage ratio (times) 14.44 5.74 32.64
Profitability ratio
15. Net profit margin (%) 1.32 0.38 2.23
16. Return on assets (%) 2.15 0.63 4.43
17. Return on equity (%) 2.60 0.76 5.41
18. Gross profit margin (%) 2.74 1.78 4.60
19. Operating profit margin (%) 1.76 0.49 2.32
1. Current ratio : Current assets / Current liabilities
2. Quick ratio : [Cash and cash equivalents + Temporary investment + Trade receivable] / Current liabilities
3. Accounts receivable turnover ratio : Turnover / Average trade receivable (Turnover : Revenue from sales and related services)
4. Average collection period : 365 days / Accounts receivable turnover ratio
5. Inventory turnover ratio : Cost of sales and related services / Average inventory
6. Days sales in inventory : 365 days / Inventory turnover ratio
7. Accounts payable turnover ratio : Cost of sales and related services / Trade Payable (average)
8. Average payment period : 365 days / Accounts payable turnover ratio
9. Cash cycle : Days sales in inventory + Average collection period - Average payment period
10. Fixed asset turnover ratio : Total revenues / Average net fixed assets (Total revenues : Revenue from sales and related services +
Other income) (Net fixed assets : Property, plant and equipment + Intangible)
11. Total asset turnover ratio : Total revenues / Total assets (average)
12. Debt to assets ratio : Total liabilities / Total assets
13. Debt to equity ratio : Total liabilities / Total attributions to owners of the parent company
14. EBITDA coverage Ratio : EBITDA / Finance costs (EBITDA : Profit before net interest, Income tax expense, Depreciation, Amortization
and Exceptional items)
15. Net profit margin : Profit (Loss) after tax / Total revenues
16. Return on assets : Profit (Loss) after tax / Total assets (average)
17. Return on equity : Profit (Loss) after tax / Average attributions to owners of the parent company
18. Gross profit margin : [Revenue from sales and related services - Cost of sales and related services] / Net sales and related services
19. Operating profit margin : Operating income / Total revenues (Operating income : Profit before finance costs, Income tax expense [EBIT])
108 Tata Steel (Thailand) Public Company Limited