Financial Performance Ratios

Profitability & Use of Assets
Asset Utilisation	Return on Capital Employed (ROCE)
Days Stock	Return on Investment
Gross Profit Margin	Return on Shareholders’ Funds
Profit Margin	Sales as % Fixed Assets
Operating Profit Margin	Stockturn (times)
Return on Assets	Stocks as % Current Assets

Credit & Debt
Current Ratio	Interest Received as % Profit
Adjusted Trade Creditor Period (days)	Quick Ratio (acid test)
Debtor Period (days)	Trade Credit as % of Current Liabilities
Equity Gearing	Trade Credit as % Shareholders’ Funds
Gearing (borrowing ratio)	Trade Creditor Period (days)
Income Gearing	Working Capital as % Sales

Labour & Space Productivity
Average sq. ft. per store (000)	Pre-Tax Profit per Employee
Capital Expenditure per store	Operating Profit per sq. ft.
Gross Profit per sq. ft.	Sales per sq. ft.
Pre-tax Profit per sq. ft.	Sales per Employee

Stock Market Ratios and Dividends
Dividend Paid to Retained Profit	Price/Earnings Ratio
Gross Yield	Market Capitalisation as % Net Assets