SPRING SUMMER 21/22 Virtual Engagement & Financial Performance
Ratios Summary
FY18
FY19
FY20
FY21
FY22
Net Debt/Equity
1.16
1.09
1.00
0.64
0.56
Solvency
ratios
Net Debt/EBITDA
2.51
2.64
2.26
1.64
1.56
EBIT/Interest
4.98
4.46
4.66
4.89
7.65
Current ratio
1.42
1.25
1.19
1.33
1.37
Fixed asset turnover
1.80
1.81
1.77
1.93
2.33
Total asset turnover
0.84
0.84
0.81
0.85
0.99
Operational
ratios
Inventory days
79
75
83
88
78
Debtor days
56
60
59
59
39
Payable days
Cash conversion cycle
ROE
Return ratios
ROCE (Pre-tax)
39
39
49
54
36
96
95
93
93
80
15.4%
15.2%
16.1%
16.3%
15.8%
11.3%
10.9%
12.3%
13.8%
13.4%
Improving Key Ratios, Continuous Reduction in Net Debt
Note:
ROCE = EBIT / Average Capital Employed & ROE = Net Profit / Average Net worth
Total asset turnover = Sales/ (Fixed assets + Gross current assets)
"
Return Ratios figures adjusted for Exceptional item
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