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Capital turnover rate
Net sales divided by average operating capital.
Cash and cash equivalents
Cash and bank balances plus short-term investments with a
maturity of less than three months.
Direct yield
Dividend per share as a percentage of the share price.
Dividend pay-out ratio
Dividend per share as a percentage of earnings per share.
Earnings per share
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the balance sheet date.
Equity/assets ratio
Equity including non-controlling interests as a percentage of balance
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sheet total.
Equity per share
Equity divided by average number of shares at the balance sheet
date.
Gross contribution
Operating income minus cost of goods.
Interest coverage ratio
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expenses.
Net borrowings
The total of interest-bearing liabilities minus interest-bearing
assets.
Net debt/equity ratio
Net borrowings divided by equity including non-controlling
interests.
Operating capital
Total assets minus cash and cash equivalents, interest-bearing
receivables and non-interest-bearing operating liabilities, but
excluding deferred tax.
Organic volume growth
Total volume growth, excluding effects of acquisitions/disposals.
P/E ratio
Share price divided by earnings per share.
Proportion of risk-bearing capital
Equity, non-controlling share of equity and deferred tax liability
divided by balance sheet total.
Return on operating capital
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Return on shareholders’ equity
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equity.
Share price/Equity
Share price divided by equity per share.
Working capital
Non-interest-bearing current assets minus non-interest-bearing
liabilities excluding deferred tax.