Question

Fixed Assets: 915 642 947 TL, Current Assets: 377 851 878 TL, Short-Term Liability: 238 802 542 TL, Long-Term Liability:210 752 421 TL, Total shares: 191 447 068,

According to above information, calculate financial leverage, net working capital, equity and equity value per share.

Answer 1

FINANCIAL LEVERAGE =0.53

NET WORKING CAPITAL= 139,049,336 TL

EQUITY =843,939,862 TL

EQUITY PER SHARE= 4.41 per share

ASSETS = LIABILITY + EQUITY

915,624,947 + 377,851,878 = 238.802,542 + 210,752,421 + EQUITY

EQUITY =843,939,862

FINANCIAL LEVERAGE = DEBT / EQUITY

= 238,802,542 +210,752,421 /843,939,862

=0.53

NET WORKING CAPITAL = CURRENT ASSETS - CURRENT LIABILITIES

= 377,851,878 - 238,802,542

= 139,049,336 TL

ASSETS = LIABILITY + EQUITY

915,624,947 + 377,851,878 = 238.802,542 + 210,752,421 + EQUITY

EQUITY =843,939,862 TL

EQUITY PER SHARE = EQUITY / NO. OF SHARES OUTSTANDING

= 843,939,862 / 191,447,068

= 4.41 per share