Profitability
202220212020
DuPont Analysis (7 components)
Return on Equity (ROE) 50.15%43.55%47.25%
Return on Assets (ROA)
21.85%18.38%20.91%
Total Assets Turnover 49.8%49.2%54.81%
Net Profit Margin
43.88%37.35%38.16%
EBIT Margin ( EBIT / Sales ) 43.88%37.35%38.16%
Tax Burden Ratio ( NI / EBT ) 100%100%100%
Interest Burden Ratio ( EBT / EBIT ) 100%100%100%
Financial Leverage 2.292.372.26
Other Profitability Ratios
Gross Profit Margin 0.600.520.53
Net Operating Margin 0.500.410.42
Return on Common Equity (ROCE) 50.15%43.55%47.25%
Return on Total Capital (ROTC) 50.15%43.55%47.25%
Equity Turnover 1.141.171.24
Penman's Advanced Decomposition
Return on Equity (ROE) 50.15%43.55%47.25%
Return on Net Operating Assets (RNOA) 26.96%21.91%25.22%
NOPAT Margin 49.53%40.95%42.32%
Net Operating Assets Turnover 54.44%53.51%59.59%
Net Financial Leverage 65.5%64.38%50.96%
Effective Interest Rate -1.6%-0.53%-1.32%
Earnings-interest Spread 28.56%22.44%26.54%