Australian Bureau of Statistics
1301.0 - Year Book Australia, 2003
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2003
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The relative performance of industries, like the relative performance of businesses, can be analysed using a combination of quantitative estimates (of the kind shown in earlier tables) and performance ratios. Various ratios commonly used in financial analysis are included in table 13.6. These show, for example, that in 2000-01:
The derivations of the performance ratios shown in table 13.6 are as follows:
Profit margin - operating profit before tax as a percentage of sales of goods and services plus interest income plus other operating income.
Return on assets - operating profit before tax as a percentage of total assets.
Return on net worth - operating profit before tax as a percentage of net worth.
Interest coverage - the number of times that businesses can meet their interest expenses from their earnings before interest and tax.
Investment rate - the proportion of industry value added used for capital investment.
This page last updated 23 January 2006
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