Question
XYZ Ltd. is a medium-sized manufacturing company. Its
summarized Balance Sheet and additional financial information for the year ended 31st March 2024 are given below. Use this data to answer the following independent questions. Balance Sheet of XYZ Ltd. (as on 31st March 2024) Additional Information (from P&L A/c) • EBIT = ₹12,00,000 • Provision for tax = 40% Calculate the Interest Coverage Ratio (ICR) of XYZ Ltd.Solution
ICR = EBIT ÷ Interest = 12,00,000 ÷ 72,000 = 16.67 ≈ 16 timesÂ
More Financial Statement Analysis Questions
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
18.22 × 11.99 + 154.15 = ?
(20.23% of 780.31) + ? + (29.87% of 89.87) = 283
2875.45 + ? – 2762.19 = 2145.72 – 1956.63
13.99% of 399.99 ÷ 28.17 = ? ÷ 25.15
Approximate the value of (19.98 × 5.02) ÷ 0.99
(8.013 – 25.04) = ? + 11.98% of 2399.98
(14.98% of 319.99) - 7.998 = √?
20.22 × 11.99 + 140.15 = ?
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
