Financial Ratios

Profit margin
2013 2014 Change, p.p.
Adjusted EBITDA margin, % 26.57 24.33 –2.2
Net profit margin, % 14.73 8.99 –5.7
Return on assets (ROA), % 12.91 6.92 –6.0
Return on equity (ROE), % 19.99 11.90 –8.1
Return on average capital employed (ROACE), % 17.44 13.07 –4.4
Liquidity
2013 2014 Change, p.p.
Current liquidity ratio 2.08 1.88 –9.8
Acid test ratio 1.13 0.94 –16.8
Absolute liquidity ratio 0.71 0.53 –25.5
Leverage
2013 2014 Change, p.p.
Net debt / total assets, % 11.89 20.67 8.8
Net debt / capital, % 18.63 38.37 19.7
Leverage, % 18.25 31.11 12.9
Net debt / market capitalisation, % 0.27 0.64 139.4
Net debt / EBITDA, % 0.59 1.44 144.9
Total debt / EBITDA, % 0.99 1.87 88.5
Source: Company data Zoom Download XLS