What is the industry average current ratio for automotive?
2021 was 1.50. Group 1 Automotive has a current ratio of 1.50.
What is a good inventory turnover ratio for automobile industry?
For example, the average inventory turnover ratio for the Automotive sector (Car dealers) is in the range of 2-3, but in the same sector for automotive component makers, it can be as high as 40. For FMCG, it is around 8-12.
What is Ford’s current ratio?
Current ratio can be defined as a liquidity ratio that measures a company’s ability to pay short-term obligations. Ford Motor current ratio for the three months ending September 30, 2021 was 1.20. The Ford Motor Company is an American multinational automotive and mobility company.
What is Tesla’s current ratio?
Tesla has a current ratio of 1.39.
How do I find industry ratios on Morningstar?
Press the enter key or click on the appropriate search button. Click on the “Analysis” option of the blue banner and scroll down to see financial ratios for both the company and the industry. Click on the links for Growth, Profitability, and Price Ratios in the area right below the blue banner for further information.
WHO publishes financial ratios of industry groups?
Published by Dun & Bradstreet, provides ratios for about 800 industries arranged by SIC code.
What standard ratios are applicable to all companies?
Accounting – 5 Most Important Financial Ratios
- The current ratio. The current ratio estimates your company’s ability to pay its short-term obligations.
- Debt-to-Equity ratio.
- The acid test ratio.
- Net profit margin.
- Return on Equity.
What is a good ROA for automotive industry?
An ROA of 5% or better is typically considered good, while 20% or better is considered great. In general, the higher the ROA, the more efficient the company is at generating profits.
What is a good working capital turnover ratio?
This ratio is a measure of a company’s short-term financial health and its efficiency. Anything that is below 1 is indicative of a negative W/C (working capital). While anything that is over 2 indicates that the company is not investing the excess assets. Most ideally this ratio should be between 1.2 and 2.0.
What are industry ratios and what are SIC codes?
Industry Ratios: SIC Codes. Ratios are quantitative indicators of financial strength and operating success. The sources listed in this guide provide ratios for entire industries or groups of companies.
What does sic stand for in automotive repair?
SIC for “automotive” 7539 – Automotive Repair Shops, Not Elsewhere Classified Establishments primarily engaged in specialized automotive repair, not elsewhere classified, such as fuel service (carburetor repair), brake relining, front-end and wheel alignment, and radiator repair. …
Where can I find an industry ratio analysis?
INDUSTRY RATIOS ANALYSIS. Your source for the most current industry analysis using industry ratios. To search for an industry analysis or a company financial statement analysis within an SIC Code, click within the Code column until your industry/company is displayed or directly input the four digit SIC code for your industry/company.
Where can I find industry ratios for RMA?
RMA’s Annual eStatement Studies provides many industry ratios derived from its Annual Tax Return Statements data. To find your ratios, either choose an industry from the list (by title or NAICS code) or type in a term in the “Search for an industry” searchbox.