Operating Ratios201920182017
Gross Income / Sales (%)40.5%40.2%35.2%
Operating Income / Sales (%)20.1%20.6%16.6%
Net Income / Sales (%)12.4%8.0%6.4%
Operating Cash Flow (EBITDA) / Sales (%)29.1%29.4%29.4%
Liquidity Ratios201920182017
Current Assets / Current Liabilities (ratio)2.422.041.45
Current Assets / Total Liabilities (ratio)0.430.400.33
Leverage Ratios201920182017
Total Liabilities / Total Assets (%)63%59%56%
Total Bank Debt / Shareholders’ Equity (ratio)1.200.940.74
Total Liabilities / Shareholders’ Equity (ratio)1.731.441.25

* 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.