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Case 3

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Case 3
1.)

(Values in millions)

Liquidity

Current Ratio

2004
2003
2002
2001

DCM

1.6318
1.5176
1.8258
2.0946

Plastichem

1.3011
1.5230
1.4623
1.3094

Quick Ratio

DCM

0.9900
0.9296
1.1136
1.5676

Plastichem

0.8599
1.1410
1.0385
0.8264

Cash Ratio

DCM

0.0149
0.0553
0.0227
0.3919

Plastichem

0.0515
0.0761
0.0838
0.0226

Leverage

Debt Ratio

DCM

36.07%
38.54%
33.44%
22.50%

Plastichem

83.45%
66.07%
66.41%
34.81%

Debt/Equity

DCM

0.7908
0.9548
0.7616
0.3857

Plastichem

-15.2966
4.0088
3.8931
0.8199

EM

DCM

2.1922
2.4774
2.2776
1.7143

Plastichem

-18.3310
6.0671
5.8621
2.3555

Coverage

Times Interest Coverage

DCM

4.6667
5.6087
5.3889
8.6000

Plastichem

0.7634
1.9113
1.9615
2.4423

Asset Mgmt

Inventory Turnover

DCM

6.4031
5.9145
5.9043
6.9744

Plastichem

8.1095
7.6556
6.3241
6.5703

Day's Sales in Inventory

DCM

57.0036
61.7124
61.8198
52.3346

Plastichem

45.0090
47.6775
57.7156
55.5529

Receivables Turnover

DCM

6.9050
6.6273
6.5923
6.1714

Plastichem

6.4425
4.9329
5.0379
6.1866

Day Sales in Receivables

DCM

52.8600
55.0750
55.3676
59.1435

Plastichem

56.6549
73.9932
72.4505
58.9985

Total Asset Turnover

DCM

1.3718
1.2166
1.3391
1.2000

Plastichem

1.1174
0.8561
0.7424
1.3008

Capital Intesity

DCM

0.7290
0.8219
0.7468
0.8333

Plastichem

0.8949
1.1680
1.3471
0.7688

Profitability

Net Profit Margin

DCM

5.91%
6.19%
5.72%
5.09%

Plastichem

-24.14%
0.68%
1.43%
5.65%

ROA

DCM

8.10%
7.53%
7.66%
6.11%

Plastichem

-26.98%
0.58%
1.06%
7.34%

ROE

DCM

17.76%
18.64%
17.44%
10.48%

Plastichem

494.48%
3.53%
6.21%
17.30%

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