Mariam's+Section



I have not been able to go further because i have not gotten the Balance Sheet. __North American Industry Classification System Code (NAICS Code)__ ISLAND Beer is categorized under the former SIC Code as “2082” and under the present NAICS Code as “312120”, which describes establishments primarily engaged in brewing beer, ale, malt liquors, and non-alcoholic beer (NAICS 2010). “NAICS was developed under the auspices of the Office of Management and Budget (OMB), and adopted in 1997 to replace the Standard Industrial Classification (SIC) system. It was developed jointly by the U.S. Economic Classification Policy Committee (ECPC), Statistics Canada, and Mexico's Instituto Nacional de Estadistica y Geografia , to allow for a high level of comparability in business statistics among the North American countries.” (U.S. Census Bureau, 2010). "312120 Breweries." NAICS & SIC Updates, Manuals, Reference Files & Database Enhancements. NAICS Association. Web. 10 Aug. 2010. . "NAICS - North American Industry Classification System Main Page." // Census Bureau Home Page //. U.S. Census Bureau. Web. 10 Aug. 2010. 
 * __Bibliography__**

**__Island Brewing Financial Ratios (in Millions)__** 1) **Current Ratio: CA/CL** 2010= 1087.6/200.3 2014=1483.84/134.2  =5.43 = 11.06

2) **Quick Ratio:** CA-T/CL 2010= 1087.6-236.2/200.3 2014= 1483.84-314.73/134.2 = 851.40/200.3 = 1169.11/134.2 =4.5 2014= 8.71 3) **Total Asset Turnover:** sales/TA 2010=3032.4/95771.1 2014= 7506.91/12465.78 =0.32 times 2014= 0.60 times

4) **Inventory Turnover:** COGS/I 2010= 1726.9/314.73 2014=3306.95/236.2  2010=5.49 times 2014= 14 times  5) **Receivables Turnover:** sales/Accounts Receivables 2010=3031.4/717.2= 4.23 times 2014= 7506.91/829.7= 9.05 times 6) **Total Debt Ratio: TA-TE/A** 2010= {9577.1-7964.1}/9577.1=0.17 2014= {12465.78-11360.98}/12465.78=0.09 7) **Debt/equity Ratio: TD/TE** 2010= 1613/7964.1=0.20 2014= 1104.8/9662.86= 0.11 8) **Equity multiplier:** TA/TE  2010= 9577.1/7964.1=1.20 2014= 12465.78/11360.98= 1.10  9) **Times Interest Earned:** EBIT/Interest Year 2010 =392.2/0.5 Year 2014= 2565.44/0.3 Year 2010 =784.40 times Year 2014= 8551.47 10) **Cash Coverage:** {EBIT +Depreciation}/Interest ={392.2+2}/0.5 Year 2014={2565.44+2.0}/0.3  =394.2/0.5 = 8551.47/0.3  Year 2010=788.40 times Year 2014= 28504.90

11) **Profit Margin:** = Net Income/Sales  = 266.36/3032.4 Year 2014= 1744.29/7506.91  = 0.09 = 0.23  Year 2010= 8.78% Year 2014= 23.24

12) **Return on Equity:** NT/TE 2010= 266.36/7964.1= 0.03= 3.34% 2014= 1744.29/11360.98= 0.15=15.35%