SUMMARY OUTPUT

Regression Statistics
Multiple R 0.689155
R Square
0.474935
Adjusted R Square
0.409302
Standard Error
2.544612
Observations
10

Operating Profit Margin & Gross working cap

ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 46.85476 46.85476 7.236201 0.027496
8 51.8004 6.47505
9 98.65516

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 24.03168 2.195058 10.94808
4.3E-06 18.96987 29.0935 18.96987 29.0935
X Variable 1 -0.00404 0.001503 -2.69002 0.027496 -0.00751 -0.00058 -0.00751 -0.00058

Profit Margin & Gross working capital

Upper 95.0%

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.035029
R Square
0.001227
Adjusted R Square
-0.12362
Standard Error
3.320349
Observations
10

Net Profit Margin & Gross working capital

ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 0.108356 0.108356 0.009828 0.923467
8 88.19773 11.02472
9 88.30609

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 8.596812 2.864232 3.001437 0.017034 1.99188 15.20174 1.99188 15.20174
X Variable 1 0.000194 0.001961 0.099139 0.923467 -0.00433 0.004717 -0.00433 0.004717

Margin & Gross working capital

Upper 95.0%

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.38541
R Square
0.148541
Adjusted R Square
0.042109
Standard Error 6.9797
Observations
10

Return On Capital Employed & Gross workin

ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 67.99023 67.99023 1.395639 0.271381
8 389.7297 48.71621
9 457.7199

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 25.37875 6.020898 4.21511 0.002935 11.49453 39.26296 11.49453 39.26296
X Variable 1 -0.00487 0.004123 -1.18137 0.271381 -0.01438 0.004637 -0.01438 0.004637

Capital Employed & Gross working capital

Upper 95.0%

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.285378
R Square
0.081441
Adjusted R Square
-0.03338
Standard Error
6.522431
Observations
10

Return On Net Worth & Gross wo

ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 30.17477 30.17477 0.709292 0.424139
8 340.3369 42.54211
9 370.5117

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 19.91368 5.626444 3.539302 0.007628 6.939079 32.88829 6.939079 32.88829
X Variable 1 -0.00324 0.003853 -0.84219 0.424139 -0.01213 0.00564 -0.01213 0.00564

Return On Net Worth & Gross working capital

Upper 95.0%

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.441556
R Square
0.194972
Adjusted R Square
0.094343
Standard Error
8.395901
Observations
10

Return on Long Term Funds & Gr

ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 136.5794 136.5794 1.937539 0.201412
8 563.9292 70.49115
9 700.5086

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 32.07949 7.242555 4.429306 0.002199 15.37813 48.78086 15.37813 48.78086
X Variable 1 -0.0069 0.004959 -1.39196 0.201412 -0.01834 0.004533 -0.01834 0.004533

Return on Long Term Funds & Gross working capital

Upper 95.0%

SUMMARY OUTPUT

Operating Profit Margin & Net working capit

Regression Statistics
Multiple R 0.114631
R Square
0.01314
Adjusted R Square
-0.11022
Standard Error
3.488531
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 1.296353 1.296353 0.106522 0.752514
8 97.35881 12.16985
9 98.65516

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 17.91951 2.19274 8.172198 3.74E-05 12.86304 22.97598 12.86304 22.97598
X Variable 1 0.002311 0.00708 0.326377 0.752514 -0.01402 0.018637 -0.01402 0.018637

Profit Margin & Net working capital

Upper 95.0%

SUMMARY OUTPUT
Gross Profit Margin & Net working capital
Regression Statistics
Multiple R 0.145784
R Square
0.021253
Adjusted R Square
-0.10109
Standard Error
5.198467
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 4.694498 4.694498 0.173715 0.687789
8 216.1925 27.02406
9 220.887

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 14.88603 3.267532 4.555739 0.00186 7.351082 22.42097 7.351082 22.42097
X Variable 1 0.004397 0.01055 0.416792 0.687789 -0.01993 0.028726 -0.01993 0.028726

Net working capital

Upper 95.0%

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.602874
R Square
0.363457
Adjusted R Square
0.28389
Standard Error
2.650721
Observations
10

Net Profit Margin & Net working capital

ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 32.0955 32.0955 4.567895 0.065053
8 56.21059 7.026323
9 88.30609

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 5.783524 1.666129 3.471234 0.008427 1.941423 9.625624 1.941423 9.625624
X Variable 1 0.011498 0.00538 2.137263 0.065053 -0.00091 0.023903 -0.00091 0.023903

et working capital

Upper 95.0%

SUMMARY OUTPUT
Return On Capital Employed & Net working capital
Regression Statistics
Multiple R 0.475803
R Square
0.226388
Adjusted R Square
0.129687
Standard Error
6.652982
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 103.6225 103.6225 2.341108 0.164529
8 354.0974 44.26217
9 457.7199

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 13.23132 4.181778 3.164043 0.013314 3.588128 22.87452 3.588128 22.87452
X Variable 1 0.020659 0.013502 1.530068 0.164529 -0.01048 0.051795 -0.01048 0.051795

ployed & Net working capital

Upper 95.0%

SUMMARY OUTPUT
Return On Net Worth & Net working capital
Regression Statistics
Multiple R 0.475737
R Square
0.226325
Adjusted R Square
0.129616
Standard Error
5.985978
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 83.85616 83.85616 2.340263 0.164597
8 286.6555 35.83194
9 370.5117

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 10.53061 3.762528 2.798812 0.02324 1.854202 19.20701 1.854202 19.20701
X Variable 1 0.018585 0.012149 1.529792 0.164597 -0.00943 0.046599 -0.00943 0.046599

Net Worth & Net working capital

Upper 95.0%

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.429067
R Square
0.184098
Adjusted R Square
0.08211
Standard Error
8.452413
Observations
10

Return on Long Term Funds & Net working c

ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 128.9623 128.9623 1.805101 0.215959
8 571.5463 71.44328
9 700.5086

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 16.53115 5.312822 3.111558 0.014411 4.279762 28.78254 4.279762 28.78254
X Variable 1 0.023047 0.017154 1.34354 0.215959 -0.01651 0.062605 -0.01651 0.062605

Long Term Funds & Net working capital

Upper 95.0%

Profitability Ratio
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002

Operatin Gross
g Profit Profit
Margin
Margin
13.4
13.83
15.96
19.04
21.18
22.74
21.78
20.51
19.91
17.03

9.14
9.35
11.86
15.82
21.26
21.92
21.71
19.18
16.89
13.5

Net
Profit
Margin
9.27
4.66
7.65
10.74
11.81
13.57
12.06
7.89
6.02
4.94

Return On
Capital
Employed
8.42
10.87
16.68
26.86
25.67
29.13
23.58
17.62
14.94
13.84

Return
On Net
Worth
11.65
5.95
11.29
20.2
20.79
25.03
23.49
14.66
11.6
10.39

Return on
Long Term
Funds
9.49
12.2
19.58
31.35
31.07
34.37
31.31
21.94
19.09
16.6

Total GWC Net Working Capital

2422.3
349.23
1841.53
62.65
2017.68
384.83
1148.64
423.98
1317.53
537.5
1350.88
305.71
1107.25
245.44
767.77
18.42
807.17
145.46
806.47
203.39

SUMMARY OUTPUT
Current Ratio & GROSS Working Capital
Regression Statistics
Multiple R 0.619638
R Square
0.383951
Adjusted R Square
0.306945
Standard Error
0.067524
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 0.022734 0.022734 4.985985 0.05604
8 0.036476 0.00456
9 0.05921

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept
0.78599 0.058248 13.49374 8.73E-07 0.651668 0.920311 0.651668 0.920311
X Variable 1 8.91E-05 3.99E-05 2.232932 0.05604 -2.9E-06 0.000181 -2.9E-06 0.000181

tio & GROSS Working Capital

Upper 95.0%

SUMMARY OUTPUT
Quick Ratio & GROSS Working Capital
Regression Statistics
Multiple R 0.078211
R Square
0.006117
Adjusted R Square
-0.11812
Standard Error
0.119549
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 0.000704 0.000704 0.049237 0.829956
8 0.114336 0.014292
9 0.11504

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept
1.05729 0.103127 10.25233 7.05E-06 0.819479 1.295101 0.819479 1.295101
X Variable 1 -1.6E-05 7.06E-05 -0.22189 0.829956 -0.00018 0.000147 -0.00018 0.000147

o & GROSS Working Capital

Upper 95.0%

SUMMARY OUTPUT
Debt Equity Ratio& GROSS Working Capital
Regression Statistics
Multiple R 0.556065
R Square
0.309209
Adjusted R Square
0.22286
Standard Error
0.300959
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 0.324347 0.324347 3.580921 0.095084
8 0.724613 0.090577
9 1.04896

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept
0.94508 0.259617 3.640291 0.006586 0.346403 1.543757 0.346403 1.543757
X Variable 1 -0.00034 0.000178 -1.89233 0.095084 -0.00075 7.35E-05 -0.00075 7.35E-05

y Ratio& GROSS Working Capital

Upper 95.0%

SUMMARY OUTPUT
Current Ratio & Net Working Capital
Regression Statistics
Multiple R 0.349633
R Square
0.122243
Adjusted R Square
0.012524
Standard Error
0.080601
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 0.007238 0.007238 1.114143 0.322014
8 0.051972 0.006496
9 0.05921

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 0.860785 0.050662 16.99067 1.46E-07 0.743958 0.977612 0.743958 0.977612
X Variable 1 0.000173 0.000164 1.05553 0.322014
-0.0002 0.00055
-0.0002 0.00055

tio & Net Working Capital

Upper 95.0%

SUMMARY OUTPUT
Quick Ratio & Net Working Capital
Regression Statistics
Multiple R 0.689518
R Square
0.475435
Adjusted R Square
0.409865
Standard Error
0.086852
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 0.054694 0.054694 7.250744 0.027381
8 0.060346 0.007543
9 0.11504

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 0.908959 0.054591 16.65026 1.71E-07 0.783072 1.034847 0.783072 1.034847
X Variable 1 0.000475 0.000176 2.692721 0.027381 6.82E-05 0.000881 6.82E-05 0.000881

o & Net Working Capital

Upper 95.0%

SUMMARY OUTPUT
Debt Equity Ratio & Net Working Capital
Regression Statistics
Multiple R 0.550397
R Square
0.302937
Adjusted R Square
0.215804
Standard Error
0.302322
Observations
10
ANOVA
df
Regression
Residual
Total

SS
MS
F
Significance F
1 0.317769 0.317769 3.476728 0.099227
8 0.731191 0.091399
9 1.04896

Coefficients
Standard Error t Stat
P-value Lower 95% Upper 95%Lower 95.0%
Upper 95.0%
Intercept 0.794216 0.190027 4.179496 0.003082 0.356014 1.232419 0.356014 1.232419
X Variable 1 -0.00114 0.000614
-1.8646 0.099227 -0.00256 0.000271 -0.00256 0.000271

y Ratio & Net Working Capital

Upper 95.0%

Liquidity Ratio

Liquidity Ratio

2011
2010
2009
2008
2007
2006
2005
2004
2003
2002

Current
Ratio
0.97
0.98
0.97
0.91
0.98
0.93
0.74
0.88
0.8
0.91

Quick
Ratio
1.01
0.95
0.96
1.13
1.31
1.05
1.03
1.03
0.93
0.96

Debt
Equity
Ratio
0.5
0.27
0.18
0.17
0.22
0.23
0.52
0.71
0.98
1.1

Long
Term
Debt
Total GWC
Equity
Ratio
2422.3
0.33
0.13 1841.53
-- 2017.68
-- 1148.64
0.01 1317.53
0.04 1350.88
0.15 1107.25
767.77
0.37
807.17
0.58
806.47
0.79

Net working capital

349.23
62.65
384.83
423.98
537.5
305.71
245.44
18.42
145.46
203.39