|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Current Ratio |
Current Assets/ Current Liabilities |
Short-term debt-paying ability |
3.17 |
1.725 |
1.070 |
1.3 |
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Current cash debt coverage ratio |
Cash provided by operations/Average current liabilities |
Short-term debt-paying Ability (cash basis) |
.4785 |
.08117 |
6.151 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Receivables turnover ratio |
Net credit sales/Average net receivables |
Liquidity of receivables |
1.3598 |
1.4244 |
6.1651 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Average collection period |
365 days/ Receivables turnover ratio |
Liquidity of receivables and collection success |
268.42 days |
257.04 days |
59.205 days |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Inventory turn over ratio |
Cost of goods sold/Average inventory |
Liquidity of inventory |
13.642 |
13.779 |
62.24 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Days in inventory |
365 days/ Inventory turnover ratio |
Liquidity of inventory and inventory management |
26.75 days |
26.489 days |
5.85 days |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Debt to total assets ratio |
Total liabilities/ Total assets |
Percentage of total assets provided by creditors |
.942 |
.95 |
.612 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Times interest earned ratio |
Net income + Interest expense + Tax expense / Interest Expense |
Ability to meet interest payments as they come due |
1.1850 |
1.1978 |
27.713 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Cash debt coverage ratio |
Cash provided by operations / Average total liabilites |
Long-term debt-paying ability (cash basis) |
.0871 |
.08117 |
0.234 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Free cash flow |
Cash provided by operations – Capital expenditures – Cash dividends |
Cash availbalbe for paying dividends or expanding operations |
17,091 |
13,419 |
9,920,121 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Return on common stockholders’ equity ratio |
Net income – Preferred stock dividends / Average common stockholders’ equity |
Profitability of common stockholders’ investment |
.251 |
.13 |
0.139979 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Return on assets ratio |
Net income / Average total assets |
Overall profitability of assets |
1.177% |
.7% |
5.094% |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Profit margin ratio |
Net income / Net sales |
Net income generated by each dollar of sales |
2.36% |
1.318% |
6.840% |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Asset turnover ratio |
Net sales / Average total assets |
How efficiently assets are used to generate sales |
.50275 |
.54339 |
7.618 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Gross profit rate |
Gross profit /Net sales |
Margin between selling price and cost of goods sold |
.0766 |
.055 |
0.1857 |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Earnings per share |
Net income – Preferred stock dividends / Average common shares outstanding |
Net income earned on each share of common stock |
$1.19 |
$1.10 |
421.76 Yen |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Price-earnings ratio |
Stock price per share / Earnings per share |
Relationships between market price per share and earnings per share |
$11.83 |
$9.545 |
14.20 Yen |
|
|
Ratio |
Formula |
Indicates |
Ford 2004 |
Ford 2005 |
Toyota 2006 |
Industry 2005 |
|
Payout ratio |
Cash dividends declared on common stock / Net income |
Percentage of earnings distributed in the form of cash dividends |
21.02% |
36.4% |
17.82% |
|