Submit a soft copy through the safeassign icon created in the Black Board - Assignment Example

Comments (0) Cite this document
The ratio calculates whether a business is able to meet its short-term obligations. The ratio is calculated by dividing current assets by current liabilities. The minimum acceptable ratio is 1:1. Any figure…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Submit a soft copy through the safeassign icon created in the Black Board
Read TextPreview

Extract of sample "Submit a soft copy through the safeassign icon created in the Black Board"

Telecom Industry Ratio Analysis al Affiliation) Telecomm Industry Financial Ratio Analysis Liquidity Ratios Current RatioCurrent ratio is among the most widely used test of financial strength. The ratio calculates whether a business is able to meet its short-term obligations. The ratio is calculated by dividing current assets by current liabilities. The minimum acceptable ratio is 1:1. Any figure below this ratio implies that the company is not expected to pay its short-term obligations on time. The current ratio of Ooredoo is (28,361,079/23,531,834) = 1.2 while that of Vodafone is (425,302/1,004,395) = 0.42.
Quick Ratio
The quick ratio is also referred to as the decisive test ratio as it concentrates only on liquid assets of the business. The quick ratio is calculated by dividing the sum of cash and receivables by current liabilities. Unlike the current ratio, the quick ratio ignores inventories and other current assets that may have doubtful liquidity. A satisfactory quick ratio, depending on the history of collecting debts is 1:1. The quick ratio of Ooredoo is (20,203,819/23,531,834) = 0.86 while that of Vodafone is (172,166/1,004,395) = 0.17.
Working Capital
Creditors concentrate on the working capital as it deals more with cash flows. Working capital is the difference between current assets and current liabilities. Most banks tie loan approvals on a company’s minimum working capital requirement. The working for Ooredoo is (28,361,079-23,531,834) = 4,829,245 while that of Vodafone is (425,302-1,004,395) = -579,093.
Leverage Ratio
The leverage ratio shows the extent to which a company relies on debt to keep operating. Creditors such as banks and suppliers are more concerned by this ratio. Leverage ratio is calculated by dividing total liabilities by the net worth of the company. The higher the ratio the more risky it becomes to extend credit to the company. The leverage for Ooredoo Company is (23,531,834/97,415,655) = 0.24 while that of Vodafone is (1,795,200/7,753,696) = 0.23.
Profitability Ratios
Gross Profit Ratio
The gross profit ratio is calculated by dividing gross profits by net sales. Different industries have a standard guideline of the gross profit ratio with which companies can compare their specific numbers. Companies need to keep track of the trend of the gross profit ratio and ensure it does not deviate away from the target. The gross profit ratio for Ooredoo Company is (3,895,146/33,851,340) = 0.12 while that of Vodafone is (343,586/1,431,670) = 0.24.
Efficiency Ratios
Return on Assets
The return on assets ratio indicates how a company efficiently utilizes its assets. This ratio is calculated by dividing net profits by total assets. Bankers and investors calculate this ratio by dividing net pre-tax profit by total assets. The return on assets for Ooredoo Company is (3,293,330/97,415,655) = 0.034 while that of Vodafone Qatar is (-213,213/7,753,696) = -0.028.
Return on Equity
The return on Equity ratio is widely used by investors and bankers to determine the prospects of investing or extending a loan to the company. This ratio is calculated by dividing net profit by the total equity. The return on equity for Ooredoo Company is (3,293,330/32,427,332) = 10.16% while that of Vodafone is (-213,213/5,958,496) = -3.59%.
From the above ratio analysis, it is evident that Ooredoo Company is financially better than Vodafone Qatar. The liquidity ratio analysis indicate that Vodafone has a current ratio of less than 1:1, meaning that the company is unable to meet its short-term obligations. More so, Ooredoo has a healthy working capital of 4,829,245 while Vodafone has a negative working capital. On the leverage front, both Ooredoo and Vodafone are at par with a leverage of 24% and 23% respectively. Vodafone has a better gross profit margin but high depreciation and amortization amounts lead to the company reporting net losses. On the efficiency front, Ooredoo is performing better than Vodafone as it has a higher return on assets and return on equity ratios. Therefore, Ooredoo is the better performing company in the Telecoms industry for the financial period ending Dec 2013.
Qatar Exchange,. (2015). Qatar Exchange. Retrieved 14 May 2015, from Read More
Cite this document
  • APA
  • MLA
(“Submit a soft copy through the safeassign icon created in the Black Assignment”, n.d.)
Submit a soft copy through the safeassign icon created in the Black Assignment. Retrieved from
(Submit a Soft Copy through the Safeassign Icon Created in the Black Assignment)
Submit a Soft Copy through the Safeassign Icon Created in the Black Assignment.
“Submit a Soft Copy through the Safeassign Icon Created in the Black Assignment”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Submit a soft copy through the safeassign icon created in the Black Board

Taj Mahal: Cultural Icon

...?[Your full full August 12, Cultural Icon Before going to identify and analyze the significanceof a cultural icon, let us get a better understanding of what cultural icon actually is. A cultural icon can be anything, which is of value for a wide cultural group and is recognized by a large number of people living in any specific country. In this paper, we will identify one of the famous cultural icons of Indian culture, which has a lot of significance for the people living in the whole Indian Subcontinent. Taj Mahal: A Cultural Icon The cultural icon to be analyzed in this paper is Taj Mahal, which is located in Agra. Taj...
3 Pages(750 words)Essay

Surperman the American Icon

...successfully contributed in making it a cultural icon of America, for its adaptability to the contemporary situations and delineations of issues along with its flexible transportation of appearance from time to time. As regards to the psychological criticism of the character of Superman is associated, it takes the critics into a comprehensive discussion about the legion of superheroes had on the popular culture of America in general. Marc Singer in his epoch making essay, “Black Skins” And White Masks: Comic Books and the Secret Race” that the typical and stereotype appearance of super heroes in the comics and their representation and reduction of appearance particularly through their...
7 Pages(1750 words)Research Paper

Intellectual Capital development through Soft Systems Thinking

...Intellectual Capital development through Soft Systems Thinking The unsystematic disposal of anything with intellectual content is seen as an asset to a financial endeavour since the ancient times. This concept is based upon the worth of funds and manual labour and in the modern times are seen in the from of gathered worker trainings to the disposal of obsolete hardware and software. Behind all this is the idea that eliminating the old and obsolete methods and equipment in a company increases employee productivity. Some may see that a business thrives only through its capital, even though many factors are attributed to the financial success of a business. In truth, all of the...
10 Pages(2500 words)Essay

Black Board

...- this may arise due to some unforeseen events necessitating the need to travel. It must also be remembered that learning gaps is surely to occur due to communication problems between the lecturer and international students who are not yet adept in using the English language. With the use of the PT and PDP, the students can clarify some points, in which communication problem occurred, with the tutor and other students. The Blackboard is also remarkable due to its Content Collection because it enables students to see announcements made involving their subjects. All announcements for all Blackboard sites the student belongs to are aggregately posted. This eliminates the need to browse through all the subjects to check...
6 Pages(1500 words)Essay

Icon Analysis

...MYTHS ANALYSIS Myths Analysis Introduction: The term ‘myth’ includes a wide range of denotations and connotations along with a wide spectrum of opinions spanning over centuries of cultures. Starting right from the Greek mythology, myths have traveled a long way through various societies and cultures along with multifarious outlooks, stories, views. Although the legitimacy of myths is still a much debated topic among experts, myths are traditionally accepted as true accounts of the remote past of the society. One of the most interesting features of myths is that the main characters in a myth are usually gods or supernatural heroes. Another important characteristic of myths is that they convey knowledge accumulated over generations... on the...
2 Pages(500 words)Assignment

Byzantine icon painting

...Byzantine Icons. Byzantine art is the term used to refer to the artistic products of the Eastern Roman Empire from about the fifth century to the fall of Constantinople in 1453. It differs from classical art in its emphasis on Christian ethic and morality. The most important and dominant form of Byzantine art is the Byzantine icon. The word icon is derived from the Greek eikones and refers to sacred images representing Christ, the Virgin Mary and the saints. Although the contemporary term has come to represent wooden panel painting, icons could be crafted in all media, including marble, ivory, ceramic, gemstone, precious metal, enamel, textile, fresco, and mosaic....
1 Pages(250 words)Essay

Icon effects

...Essay Proposal. August Icons in Four British Cities. Sub How they are used and the impact they have on each Aims To identify four major cities in the UK which make use of icons. 2. To explore what icons are present, what meanings they have, and how they are used. 3. To determine what impact the icons have on each city. Method: Library research on icons and British cities. Fieldwork to take pictures of iconic locations and objects. Fieldwork to visit the four chosen cities and gather examples of icons. Case study of four cities and their icons. Brief Essay Outline: Introduction: Icons...
2 Pages(500 words)Essay

Soft determinism

...Soft Determinism Soft determinism holds a similar view to that held by the universal causation theory in hard determinism; that all things result from a series of causal events. However, soft determinism differentiates between external and internal causes, which results in a belief, in limited freewill and moral responsibility (Trusted 23). For the soft determinist, freewill allows him act according to their nature as defined by society, the environment, family, and other psychological factors. Soft determinism contends that moral responsibility, human freedom, and determinism are compatible. Freedom, in this case, can be defined as the ability to act...
2 Pages(500 words)Essay

Culture icon

...John Lennon is a cultural icon because his music was not only beautiful and meaningful to many people, his life was only one of conviction. ‘The Beatles’ is perhaps the most popular band in history. They wrote and performed many songs that are continuously being played even until today. The boy band that made John Lennon popular, together with Paul McCartney, George Harrison and Ringo Starr became a worldwide sensation. As a young group, ‘The Beatles’ became a phenomenon with their upbeat songs and unique style. But they also grew as artists and good songwriters. This is especially true with John and Paul who wrote some of the most widely-known songs ever. John, on his own, can be best remembered in his song entitled...
1 Pages(250 words)Essay

Icon advertisers is successful to a great extent. For example yellow color represents happiness and about 75% of the pencils sold are painted yellow in order to attract children. Similarly shapes tend to impact mind in informative way (Ciotti par 1-5). The Icons used by Microsoft represents freedom and four colored blocks in the icon tell about aspects and range of products in which freedom is claimed. The information shared from an Icon design is easy to remember. The products aim at fulfilling consumer demands created by market dynamics. They are changed in order to have greater audience and fixate consumers with product characteristics. History of Icon...
6 Pages(1500 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Submit a soft copy through the safeassign icon created in the Black Board for FREE!

Contact Us