Repot based on prepared financial statment Essay

Repot based on prepared financial statment - Essay ExampleThe order profitability position was strong. It sufferd strong ROCE of 17.9% and ROA of 15.73. It implies that the company was efficiently utilizing its assets to generate high profits from its opeproportionns. It was reflected from run profit margin of 10.4% and gross profit margin of 48.70%.The liquidity position of the company was reported to be strong. Both ongoing and quick ratios had values greater than one, which is significant as the company had a high value of current assets that could cover its current obligations.The companys reborn its inventory into sales in 76.6 days, which suggested slow movement and inventory turnover of just 4.77. However, the company was efficient to collect cash for its receivables. On the other hand, the company paid its suppliers in 46.7 days. Moreover, the company only generated 1.51 of sales for every 1 invested in assets.The companys leverage position was very weak. The gearing rat io value was 21.28, which suggested that the company highly depends on external borrowing to meet its business requirements. Moreover, it incurred high interest costs that consumer most of the companys operating profits i.e.