The return on equity (ROE) has decreased considerably over the four-year period, which indicates that management has failed to bring more wealth to shareholders.

ROA, return on assets has decreased by in last four years the four year period, which is probably because the profit margin (PM) has decreased by 34.7% over four year period

Figures indicated below also suggest that percentage of sales over assets has not increased significantly over these years.

Return On Assets (ROA) 24.22 26.51 21.12 13.58

Return On Invest. (ROI) 42.4 39.25 37.51 27.17

Return On Equity (ROE) 56.73 56.48 42.05 25.56

Net Income Margin (PM) 18.83 21.88 18.78 12.28

Fixed Assets Turnover Ratio (AT) 4.7 5.17 5.08 4.99

Net Profit Margin 18.83 21.88 18.78 12.28

The company is showing a healthy performance in cash flows as it has been increasing over the past four years through operating activities, as shown below:

· The asset turn over ratio has been more or less stable at 1.0, which indicates the sales, or revenues generated by company are equal to its existing assets.

SGA To Sales 40.49 41.3 43.65 45.45

Fixed Assets Turnover Ratio 4.7 5.17 5.08 4.99

· The amount receivable turn over ratio has been more or less consistent over these four years. This indicates that company has been able to collect payments from its customers and possibly has been using effective credit granting facilities.

1999 1998 1997 1996

Some common words found in the essay are:
Asset Turnover, RATIOS Dupont, Turnover Ratio, Investing Activities, Equity Assets, Financial Flexibility, Profit Margin, Operating Performance, Debt Ratios, Inventory Turnover, 1996 1997, 1998 1999, 1996 1997 1998, 1997 1998 1999, cash flow, 1997 1998, profit margin, inventory turnover, turnover ratio, 1997 1996 cash, term debts, 1999 1998 1997, ratios 1996, financing activities, 1996 cash flow,
Approximate Word count = 726
Approximate Pages = 3 (250 words per page double spaced)