文档介绍：EBITDA Margin (net operating margin) = EBITDA/ Sales
Profit Margin = Net e/ Sales
Gross Profit Margin =Gross Profit/ Sales
Return on Assets BOP = Net e / Total Asset
Return on Invested Capital (ROIC) = EBITDA/ Invested Capital
ROIC after depreciation = EBIT/Invested Capital
ROIC after depreciation and Taxes = EBIT *(1- Tax rate)/ Invested Capital
Rate of Return on Equity = Net e / Equity
= NI/Sales * Sales/Assets * Assets/Equity
Asset Turnover = Sales/ Asset
Inventory Turnover = COGS / Inventory
A/R Turnover = Sales/ AR
A/P Turnover = COGS/ AP
Inventory Conversion Period = 365/Inventory Turnover
A/R Conversion Period = 365/AR Turnover
A/P Conversion Period = 365/AP Turnover
Cash Conversion Circle = Inventory Period + AR Period – AP Period
Current Ratio = Current Asset/ Current Liability
Acid Test/Quick Ratio = Current Asset – Inventory/Current Liability
Cash Ratio = Cash/Current Liability
Times Interest Earned = EBIT/Interest
Debt to Equity = Debt/Equity
Invested Capital Turnover = Sales/ Invested Capital
Operational Free Cash Flow = FFO – In. in TC – In. in NFA
DOL =Sales-VC/Sales-VC-FC or CM/$*sales / CM/$*sales – FC
DOL * EBITDA Margin = CM/$
Annuity
Future Value of an Annuity =Cr[(1+r)n-1]
Present value of annuity =cr(1-1(1+r)n) or cr-g(1-(1+g1+r)n)
=cr-g(1-(1+g1+r)n)
Perpetuity
Present Value of Perpetuity =cr or cr-g
Real Rate =(1+Nomi