Operating Ratios201720162015
Gross Income / Sales (%)35.2%35.6%39.3%
Operating Income / Sales (%)16.6%14.9%14.7%
Net Income / Sales (%)6.4%9.4%6.4%
Operating Cash Flow (EBITDA) / Sales (%)24.9%21.7%21.4%
Liquidity Ratios201720162015
Current Assets / Current Liabilities (ratio)1.701.151.78
Current Assets / Total Liabilities (ratio)0.310.290.44
Leverage Ratios201720162015
Total Liabilities / Total Assets (%)55%49%45%
Total Bank Debt / Shareholders’ Equity (ratio)0.720.530.47
Total Liabilities / Shareholders’ Equity (ratio)1.200.950.81

* Operating Cash Flow or EBITDA is equivalent to Operating Profit plus non-cash items.

Indicadores operativos201520142013
Utilidad Bruta / Ventas39.3%35.9%37.0%
Utilidad de Operación / Ventas14.7%13.7%16.6%
Utilidad Neta Consolidada / Ventas6.4%5.9%9.8%
Recursos de Operación (UAFIRDA) / Ventas21.4%19.1%19.8%
Razones de liquidez201520142013
Activo Circulante / Pasivo Circulante (veces)1.813.423.91
Activo Circulante / Pasivo Total (veces)0.440.721.07
Razones de Apalancamiento201520142013
Pasivo Total / Activo Total (%)45%45%40%
Deuda Bancaria Total / Capital Contable (veces)0.470.420.31
Pasivo total / Capital Contable (veces)0.810.800.68

* Recursos de operación o UAFIRDA es equivalente a la Utilidad de Operación más cargos que no implican salida de efectivo.