Financial Analysis
Danielle Harris
Accounting 610
Financial Statement Analysis: Signet Jewelers Limited
Liquidity Measures (Expressed in millions)
A. Working Capital
Working Capital =Current Assets- Current Liabilities
$1,822,800= $2,855,800- $1,033,000
B. Current Ratio=Current Assets/Current Liabilities
2.76= $2,855,800/1,033,000
C. Acid-test (Quick) ratio
Acid-test ratio= Cash + Marketable Securities + Accounts Receivable/Current Liabilities
2.1=195.4+19.5/1,033.0
Activity Measures (Expressed in millions)
A. Turnover
Total Asset Turnover=Sales/Average Total Assets
