Honda Atlas Cars g6111
This document was ed by and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this report form. Report r6l17
Overview 4q3b3c
& View Honda Atlas Cars as PDF for free.
More details 26j3b
- Words: 1,556
- Pages: 32
TABLE OF CONTENT
SNO.
PARTICULAR
PAGE #
1.
Introduction of the Company
2
2.
Management Hierarchy
3-4
3.
Financial Statements
5-22
4.
Ratio Analysis
23-25
5.
Description of Results
26-29
6.
Conclusion
30
Honda Atlas Cars Ltd.
HONDA ATLAS CARS INTRODUCTION Honda Atlas Cars, the famous and the leading automobile industry of Pakistan facilitating its people with many kinds of transports like enger, hybrid technology cars and other sports vehicles to earn the Company an outstanding reputation from customers. It is a t venture between Honda Motor Company Japan Limited and Atlas Group of Companies, Pakistan. The company was incorporated on November 04, 1992.
MODELS COMPANY MANUFACTURES
2 | Page
Honda Atlas Cars Ltd.
COMPANY MANAGEMENT HIERARCHY
3 | Page
Honda Atlas Cars Ltd.
COMPANY MANAGEMENT HIERARCHY (CONTINUED)
4 | Page
Honda Atlas Cars Ltd.
FINANCIAL STATEMENT OF HONDA ATLAS CARS
BALANCE SHEET (CONTINUED) 5 | Page
Honda Atlas Cars Ltd.
6 | Page
Honda Atlas Cars Ltd.
7 | Page
Honda Atlas Cars Ltd.
8 | Page
Honda Atlas Cars Ltd.
9 | Page
Honda Atlas Cars Ltd.
10 | P a g e
Honda Atlas Cars Ltd.
11 | P a g e
Honda Atlas Cars Ltd.
12 | P a g e
Honda Atlas Cars Ltd.
13 | P a g e
Honda Atlas Cars Ltd.
BALANCE SHEET
14 | P a g e
Honda Atlas Cars Ltd.
BALANCE SHEET (CONTINUED)
15 | P a g e
Honda Atlas Cars Ltd.
16 | P a g e
Honda Atlas Cars Ltd.
17 | P a g e
Honda Atlas Cars Ltd.
18 | P a g e
Honda Atlas Cars Ltd.
19 | P a g e
Honda Atlas Cars Ltd.
BALANCE SHEET (CONTINUED)
20 | P a g e
Honda Atlas Cars Ltd.
21 | P a g e
Honda Atlas Cars Ltd.
RATIO ANALYSIS RUPEES IN THOUSAND
1. LIQUIDITY RATIOS a.)
CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES
QUICK RATIO = CURRENT b.) ASSETS – INVENTORIES / CURRENT LIABILITIES
2015
2014
10,548,28 1/ 8,742,142
8,826,546 / 9,870,035
= 1.2
= 0.8
10,558,94 7/ 13,738,85 5 = 0.76
TIMES
TIMES
TIMES
10,548,28 1– 132,724 / 8,742,142
8,826,546 – 116,205 / 9,870,035
10,558,94 7– 115,646 / 13,738,85 5
= 1.2
2.
ASSET MANAGEMENT RATIOS
a.)
FIXED ASSETS TURNOVER = SALES / FIXED ASSETS
37,764,15 9/ 3,377,788 = 11.2
b.)
TOTAL ASSETS TURNOVER = SALES / TOTAL ASSETS
a.)
X
37,764,15 9/ 13,926,06 9 = 3.0
3.
X
X
= 0.9
X
39,153,25 4/ 3,490,843 = 3.4
X
39,153,25 4/ 8,826,546 = 2.2
X
2013
= 0.8
2012
X
4,629,201 / 8,251,508
20
5,66 0 8,47
= 0.56
=
TIMES
TI
= 0.3
X
=1
= 1.4
X
= 1.4
X
=2
= 88 %
= 80
30,274,60 4/ 4,587,216 = 10.2
X
=0
30,274,60 4/ 10,558,94 7 = 2.0
X
DEBT MANAGEMENT RATIOS TOTAL DEBT TO TOTAL ASSETS = TOTAL DEBT / TOTAL ASSETS
8,806,317 / 13,926,06 9
9,926,169 / 13,926,06 9
13,781,48 9/ 13,926,06 9
= 63.2 %
= 80.6 %
= 91%
22 | P a g e
Honda Atlas Cars Ltd.
b.)
TIMES INTEREST EARNED RATIO = EBIT / INTEREST EXPENSE
3,785,703 / 18,666 = 203
X
2,135,321 / 38,075 = 56.1
X
715,784 / 190,967 = 4.0
= - 2.3
X
X
=-
RUPEES IN THOUSAND
4. MARKET VALUE RATIOS a.)
PRICE / EARNINGS (P/E) = PRICE PER SHARE / EARNINGS PER SHARE
2015
2014
2013
2012
267.15 / 22.1
267.15 / 7.5
267.15 / 1.7
267.15 / (3.7)
= 12.1
X
= 35.62 X
= 157.2
X
= - 72.2
20
X
267 (2
=1
5. PROFITABILITY RATIOS
a.)
PROFIT MARGIN = NET INCOME / SALES
3,162,377 / 37,764,15 9
1,073,670 / 39,153,25 4
244,287 / 30,274,60 4
= 8.4 %
= 2.7 %
= 0.8 %
= - 3.2 %
RATIO ANALYSIS (CONTINUED)
23 | P a g e
=-
Honda Atlas Cars Ltd. RUPEES IN THOUSAND
2010 a. )
CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES
b. )
QUICK RATIO = CURRENT ASSETS – INVENTORIES / CURRENT LIABILITIES
2.
ASSET MANAGEMENT RATIOS
a. )
2009
3,526,804 / 5,652,289
2008
2007
3,929,738 2,435,529 / / 5,614,243 3,087,066
20
3,681,213 / 3,906,115
= 0.62
= 0.7
= 0.8
= 0.94
TIMES
TIMES
TIMES
TIMES
6,26 8 5,79 =
TIM
= 1.64
X
= 0.7
X
= 0.8
X
= 0.9
X
=1
FIXED ASSETS TURNOVER = SALES / FIXED ASSETS
= 10.0
X
= 2.3
X
= 3.4
X
= 4.0
X
=9
b. )
TOTAL ASSETS TURNOVER = SALES / TOTAL ASSETS
= 2.0
= 3.2
X
= 2.0
X
= 3.0
X
=3
3.
DEBT MANAGEMENT RATIOS
a.)
TOTAL DEBT TO TOTAL ASSETS = TOTAL DEBT / TOTAL ASSETS
= 77.5 %
= 71.6 %
b.)
TIMES INTEREST EARNED RATIO
= - 1.2
= - 2.0
X
X
X
= 52.6 % = 1.3
X
= 70.6 %
= 70
= - 0.6
=2
X
4. MARKET VALUE RATIOS a.)
PRICE / EARNINGS (P/E) = PRICE PER SHARE / EARNINGS PER SHARE
= - 44.5
X
= - 95.4 X
= 534.3
X
= - 72.2
X
=1
= - 1.5 %
= 2.
5. PROFITABILITY RATIOS a.)
PROFIT MARGIN = NET INCOME / SALES
= - 5.4 %
= - 2.84 %
= 0.5 %
24 | P a g e
Honda Atlas Cars Ltd.
RATIO ANALYSIS (CONTINUED)
DISCUSSION OF RESULTS 1. LIQUIDITY RATIOS CURRENT RATIO
Results 1.4 1.2 1 0.8 0.6 0.4 0.2 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
In this ratio analysis we can see that current ratio of Honda Atlas Cars in 2015 is much greater than in other years which means that they have used their current assets in 2015 very efficiently and yet in a position to pay off their debts.
25 | P a g e
Honda Atlas Cars Ltd.
QUICK RATIO
Results 2 1.5 1 0.5 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Through this analysis we can say that if we deduct inventory from their current assets than in 2010, they were in much better position to pay off their debts as compare to other years.
26 | P a g e
Honda Atlas Cars Ltd.
2. ASSET MANAGEMENT RATIOS
Results 12 10 8 6 4 2 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
FIXED ASSETS TURNOVER
From this graph, we can analyze that their Fixed Asset Turnover is much higher in 2015 which means that they have used their Fixed Assets very intelligently in order to increase their sales in 2015 as compare to other years.
27 | P a g e
Honda Atlas Cars Ltd.
Results 3 2.5 2 1.5 1 0.5 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
TOTAL ASSETS TURNOVER
We can extract from this graph that Honda’s Total Assets Turnover ratio in 2015 and in 2006 is higher than in other years which means they have used their Total Assets much more in order to increase their sales in 2015 and in 2006.
3. DEBT MANAGEMENT RATIOS TOTAL DEBT TO TOTAL ASSETS
28 | P a g e
Honda Atlas Cars Ltd.
Results 100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
We can say from this graph that Honda’s Debt to Assets Ratio is much lower in 2008 as compare to other years because their Total Assets was greater than their liabilities in 2008 which means this company was less risky in 2008 as compare to other years.
TIMES INTEREST EARNED RATIO (TIE)
Results 250 200 150 100 50 0 2015 -50
2014
2013
2012
2011
2010
2009
2008
2007
2006
29 | P a g e
Honda Atlas Cars Ltd.
We can extract from this graph that their T.I.E. ratio is much higher in 2015 as compare to other years which means they can pay off their interest and other expense through their Net Operating Income.
4. MARKET VALUE RATIOS PRICE / EARNINGS RATIO (P/E)
Results 600 500 400 300 200 100 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 -100 -200
Through this graph we can analyze that Honda’s P/E ratio was much higher in 2008 as compare to other years.
5. PROFITABILITY RATIOS 30 | P a g e
Honda Atlas Cars Ltd.
PROFIT MARGIN
Results 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 -2.00% -4.00% -6.00% -8.00%
From this graph, we can extract that their Profit Margin ratio is much higher in 2015 than in other years which means that investors can get high return and creditors can be paid on time from this company as well as shareholders will be given more profit.
CONCLUSION Through ratio analysis, we can conclude that currently Honda Atlas Cars is in much better position for investors, creditors as well as for shareholders because their Profit Margin, Current Ratio and Total Assets turnover all are 31 | P a g e
Honda Atlas Cars Ltd.
much better. The company has earned greater profit in 2015 and their debt ratio is normal. These all are the indications of a better position of this company.
32 | P a g e
SNO.
PARTICULAR
PAGE #
1.
Introduction of the Company
2
2.
Management Hierarchy
3-4
3.
Financial Statements
5-22
4.
Ratio Analysis
23-25
5.
Description of Results
26-29
6.
Conclusion
30
Honda Atlas Cars Ltd.
HONDA ATLAS CARS INTRODUCTION Honda Atlas Cars, the famous and the leading automobile industry of Pakistan facilitating its people with many kinds of transports like enger, hybrid technology cars and other sports vehicles to earn the Company an outstanding reputation from customers. It is a t venture between Honda Motor Company Japan Limited and Atlas Group of Companies, Pakistan. The company was incorporated on November 04, 1992.
MODELS COMPANY MANUFACTURES
2 | Page
Honda Atlas Cars Ltd.
COMPANY MANAGEMENT HIERARCHY
3 | Page
Honda Atlas Cars Ltd.
COMPANY MANAGEMENT HIERARCHY (CONTINUED)
4 | Page
Honda Atlas Cars Ltd.
FINANCIAL STATEMENT OF HONDA ATLAS CARS
BALANCE SHEET (CONTINUED) 5 | Page
Honda Atlas Cars Ltd.
6 | Page
Honda Atlas Cars Ltd.
7 | Page
Honda Atlas Cars Ltd.
8 | Page
Honda Atlas Cars Ltd.
9 | Page
Honda Atlas Cars Ltd.
10 | P a g e
Honda Atlas Cars Ltd.
11 | P a g e
Honda Atlas Cars Ltd.
12 | P a g e
Honda Atlas Cars Ltd.
13 | P a g e
Honda Atlas Cars Ltd.
BALANCE SHEET
14 | P a g e
Honda Atlas Cars Ltd.
BALANCE SHEET (CONTINUED)
15 | P a g e
Honda Atlas Cars Ltd.
16 | P a g e
Honda Atlas Cars Ltd.
17 | P a g e
Honda Atlas Cars Ltd.
18 | P a g e
Honda Atlas Cars Ltd.
19 | P a g e
Honda Atlas Cars Ltd.
BALANCE SHEET (CONTINUED)
20 | P a g e
Honda Atlas Cars Ltd.
21 | P a g e
Honda Atlas Cars Ltd.
RATIO ANALYSIS RUPEES IN THOUSAND
1. LIQUIDITY RATIOS a.)
CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES
QUICK RATIO = CURRENT b.) ASSETS – INVENTORIES / CURRENT LIABILITIES
2015
2014
10,548,28 1/ 8,742,142
8,826,546 / 9,870,035
= 1.2
= 0.8
10,558,94 7/ 13,738,85 5 = 0.76
TIMES
TIMES
TIMES
10,548,28 1– 132,724 / 8,742,142
8,826,546 – 116,205 / 9,870,035
10,558,94 7– 115,646 / 13,738,85 5
= 1.2
2.
ASSET MANAGEMENT RATIOS
a.)
FIXED ASSETS TURNOVER = SALES / FIXED ASSETS
37,764,15 9/ 3,377,788 = 11.2
b.)
TOTAL ASSETS TURNOVER = SALES / TOTAL ASSETS
a.)
X
37,764,15 9/ 13,926,06 9 = 3.0
3.
X
X
= 0.9
X
39,153,25 4/ 3,490,843 = 3.4
X
39,153,25 4/ 8,826,546 = 2.2
X
2013
= 0.8
2012
X
4,629,201 / 8,251,508
20
5,66 0 8,47
= 0.56
=
TIMES
TI
= 0.3
X
=1
= 1.4
X
= 1.4
X
=2
= 88 %
= 80
30,274,60 4/ 4,587,216 = 10.2
X
=0
30,274,60 4/ 10,558,94 7 = 2.0
X
DEBT MANAGEMENT RATIOS TOTAL DEBT TO TOTAL ASSETS = TOTAL DEBT / TOTAL ASSETS
8,806,317 / 13,926,06 9
9,926,169 / 13,926,06 9
13,781,48 9/ 13,926,06 9
= 63.2 %
= 80.6 %
= 91%
22 | P a g e
Honda Atlas Cars Ltd.
b.)
TIMES INTEREST EARNED RATIO = EBIT / INTEREST EXPENSE
3,785,703 / 18,666 = 203
X
2,135,321 / 38,075 = 56.1
X
715,784 / 190,967 = 4.0
= - 2.3
X
X
=-
RUPEES IN THOUSAND
4. MARKET VALUE RATIOS a.)
PRICE / EARNINGS (P/E) = PRICE PER SHARE / EARNINGS PER SHARE
2015
2014
2013
2012
267.15 / 22.1
267.15 / 7.5
267.15 / 1.7
267.15 / (3.7)
= 12.1
X
= 35.62 X
= 157.2
X
= - 72.2
20
X
267 (2
=1
5. PROFITABILITY RATIOS
a.)
PROFIT MARGIN = NET INCOME / SALES
3,162,377 / 37,764,15 9
1,073,670 / 39,153,25 4
244,287 / 30,274,60 4
= 8.4 %
= 2.7 %
= 0.8 %
= - 3.2 %
RATIO ANALYSIS (CONTINUED)
23 | P a g e
=-
Honda Atlas Cars Ltd. RUPEES IN THOUSAND
2010 a. )
CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES
b. )
QUICK RATIO = CURRENT ASSETS – INVENTORIES / CURRENT LIABILITIES
2.
ASSET MANAGEMENT RATIOS
a. )
2009
3,526,804 / 5,652,289
2008
2007
3,929,738 2,435,529 / / 5,614,243 3,087,066
20
3,681,213 / 3,906,115
= 0.62
= 0.7
= 0.8
= 0.94
TIMES
TIMES
TIMES
TIMES
6,26 8 5,79 =
TIM
= 1.64
X
= 0.7
X
= 0.8
X
= 0.9
X
=1
FIXED ASSETS TURNOVER = SALES / FIXED ASSETS
= 10.0
X
= 2.3
X
= 3.4
X
= 4.0
X
=9
b. )
TOTAL ASSETS TURNOVER = SALES / TOTAL ASSETS
= 2.0
= 3.2
X
= 2.0
X
= 3.0
X
=3
3.
DEBT MANAGEMENT RATIOS
a.)
TOTAL DEBT TO TOTAL ASSETS = TOTAL DEBT / TOTAL ASSETS
= 77.5 %
= 71.6 %
b.)
TIMES INTEREST EARNED RATIO
= - 1.2
= - 2.0
X
X
X
= 52.6 % = 1.3
X
= 70.6 %
= 70
= - 0.6
=2
X
4. MARKET VALUE RATIOS a.)
PRICE / EARNINGS (P/E) = PRICE PER SHARE / EARNINGS PER SHARE
= - 44.5
X
= - 95.4 X
= 534.3
X
= - 72.2
X
=1
= - 1.5 %
= 2.
5. PROFITABILITY RATIOS a.)
PROFIT MARGIN = NET INCOME / SALES
= - 5.4 %
= - 2.84 %
= 0.5 %
24 | P a g e
Honda Atlas Cars Ltd.
RATIO ANALYSIS (CONTINUED)
DISCUSSION OF RESULTS 1. LIQUIDITY RATIOS CURRENT RATIO
Results 1.4 1.2 1 0.8 0.6 0.4 0.2 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
In this ratio analysis we can see that current ratio of Honda Atlas Cars in 2015 is much greater than in other years which means that they have used their current assets in 2015 very efficiently and yet in a position to pay off their debts.
25 | P a g e
Honda Atlas Cars Ltd.
QUICK RATIO
Results 2 1.5 1 0.5 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Through this analysis we can say that if we deduct inventory from their current assets than in 2010, they were in much better position to pay off their debts as compare to other years.
26 | P a g e
Honda Atlas Cars Ltd.
2. ASSET MANAGEMENT RATIOS
Results 12 10 8 6 4 2 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
FIXED ASSETS TURNOVER
From this graph, we can analyze that their Fixed Asset Turnover is much higher in 2015 which means that they have used their Fixed Assets very intelligently in order to increase their sales in 2015 as compare to other years.
27 | P a g e
Honda Atlas Cars Ltd.
Results 3 2.5 2 1.5 1 0.5 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
TOTAL ASSETS TURNOVER
We can extract from this graph that Honda’s Total Assets Turnover ratio in 2015 and in 2006 is higher than in other years which means they have used their Total Assets much more in order to increase their sales in 2015 and in 2006.
3. DEBT MANAGEMENT RATIOS TOTAL DEBT TO TOTAL ASSETS
28 | P a g e
Honda Atlas Cars Ltd.
Results 100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
We can say from this graph that Honda’s Debt to Assets Ratio is much lower in 2008 as compare to other years because their Total Assets was greater than their liabilities in 2008 which means this company was less risky in 2008 as compare to other years.
TIMES INTEREST EARNED RATIO (TIE)
Results 250 200 150 100 50 0 2015 -50
2014
2013
2012
2011
2010
2009
2008
2007
2006
29 | P a g e
Honda Atlas Cars Ltd.
We can extract from this graph that their T.I.E. ratio is much higher in 2015 as compare to other years which means they can pay off their interest and other expense through their Net Operating Income.
4. MARKET VALUE RATIOS PRICE / EARNINGS RATIO (P/E)
Results 600 500 400 300 200 100 0 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 -100 -200
Through this graph we can analyze that Honda’s P/E ratio was much higher in 2008 as compare to other years.
5. PROFITABILITY RATIOS 30 | P a g e
Honda Atlas Cars Ltd.
PROFIT MARGIN
Results 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 -2.00% -4.00% -6.00% -8.00%
From this graph, we can extract that their Profit Margin ratio is much higher in 2015 than in other years which means that investors can get high return and creditors can be paid on time from this company as well as shareholders will be given more profit.
CONCLUSION Through ratio analysis, we can conclude that currently Honda Atlas Cars is in much better position for investors, creditors as well as for shareholders because their Profit Margin, Current Ratio and Total Assets turnover all are 31 | P a g e
Honda Atlas Cars Ltd.
much better. The company has earned greater profit in 2015 and their debt ratio is normal. These all are the indications of a better position of this company.
32 | P a g e
Related Documents 171j1w
Honda Atlas Cars g6111
December 2019 46
Financial Analysis Honda Atlas Cars Pakistan 1 1b6t37
December 2019 32
Honda Atlas 231y2z
December 2019 60
Honda Siel Cars India Ltd 5l6s1j
August 2021 0
Atlas Honda Organization Structure 205b4v
December 2019 75
Atlas Honda Internship Report 4e21
October 2019 230More Documents from "hammad" 16i6k
Neelum Valley 4e2m5c
November 2022 0
Pakistan Army Ranks 6x5610
March 2023 0
Pak China Border Length 56196y
November 2019 66
Roosevelt Hotel Owned By Pia h383x
November 2022 0
Honda Atlas Cars g6111
December 2019 46