The Financial Ratios of ASOS pls and NEXT plc Companies (Essay Sample)
The financial ratios of both Asos plc and Next plc companies are to be calculated and compared.:
a) Liquidity Ratios
Liquidity ratios are those which are aimed at evaluating the ability of a business to meet its current obligations.
b)Profitability- Assessment of the operational efficiency determines how efficiently the company is making use of its assets.
c)Return on equity (ROE) is a measurement of how effectively a business uses equity – or the money contributed by its stockholders and cumulative retained profits – to produce income.
d)Times Interest Earned or Interest Coverage measures a company’s ability to meet its debt obligations
Institutional affiliation
Name of the student
Assignment due
Case 1
Liquidity Ratios
Liquidity ratios are those which are aimed at evaluating the ability of a business to meet its current obligations. These obligations could arise from the creditors or lenders of short-term borrowing (Stice, Stice, & Skousen, 2007). The ratios have been calculated for assessing the liquidity position of both Asos plc and Next plc companies.
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