Financial Ratio
1. Short-term solvency ratios
구 분
산 식
Digital-cube
Cowon
2006
2007
2006
2007
Current
Ratio
C/A÷C/L
1.9690
1.3070
1.4396
1.9525
Quick
Ratio
(C/A-Inv.)÷C/L
1.5498
0.9711
0.6958
1.0951
1) Current ratio
Current ratio is an indication of a company's ability to meet short-term debt obligations; the higher the ratio, the more liquid the company
1.About Hyundai Mobis
Founded in 1977 -> World’s top container producer
Financial Crisis in the late 1990s -> Redesigned itself to auto parts specialist
In 2000 -> Renamed as Mobis and became the biggest automobile parts company in Korea
In 2009 -> Joined with Hyundai Autonet
Mobis’s Vision
“Becoming a Global Top 5 in the automotive parts industry.”
There are four research areas
the part of the total debt in a country that is owed to creditors outside the country
money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank
Foreign debt management
1) Risk management
currency and interest rate movements
frequent commodity price fluctuations
The debt crises of the early 1980’s
oil price hikes
Financial Leverage Ratio
It measures the relationship between total assets and the stockholders’ equity that finances the assets.
Both company shows pretty high financial leverage
High financial leverage means they are highly
dependent on debt when financing assets.
Total Asset Turnover Ratio
Total Asset Turnover measures the sale generated
per