1.-The company needs to open five stores, and to finance this by analyzing whether to use actions or bonds.
2.- calculate the value of bonds
3.-choose a rating agency
EFE is a company that offers its customers electronic
Financial statements
| in thousands of PEN at December 31, 2013 |
|
S/. 2,009.00 |
S/. 2,010.00 |
S/. 2,011.00 |
S/. 2,012.00 |
S/. 2,013.00 |
|
|
|
|
|
|
| Net sales |
S/. 295,565.00 |
S/. 387,789.00 |
S/. 475,454.00 |
S/. 515,450.00 |
S/. 509,155.00 |
| Gross result |
S/. 80,173.00 |
S/. 102,462.00 |
S/. 123,831.00 |
S/. 118,690.00 |
S/. 116,668.00 |
| Net Interest Income |
S/. 652.00 |
S/. 578.00 |
S/. 2,474.00 |
S/. 12,747.00 |
S/. 14,637.00 |
| Operating Income |
S/. 20,501.00 |
S/. 23,982.00 |
S/. 28,564.00 |
S/. 21,733.00 |
S/. 22,742.00 |
| Financial expenses |
-S/. 2,784.00 |
-S/. 1,200.00 |
-S/. 1,283.00 |
-S/. 1,280.00 |
-S/. 11,028.00 |
| Income before taxes |
S/. 18,817.00 |
S/. 24,158.00 |
S/. 29,110.00 |
S/. 24,703.00 |
S/. 11,040.00 |
| Net profit |
S/. 12,846.00 |
S/. 16,387.00 |
S/. 20,287.00 |
S/. 17,130.00 |
S/. 7,200.00 |
| |
|
|
|
|
|
| Total Assets |
S/. 111,028.00 |
S/. 136,536.00 |
S/. 157,829.00 |
S/. 523,082.00 |
S/. 526,323.00 |
| Available + Inv. Easy. |
S/. 50,803.00 |
S/. 50,046.00 |
S/. 36,649.00 |
S/. 31,992.00 |
S/. 60,511.00 |
| debtors |
S/. 12,394.00 |
S/. 5,447.00 |
S/. 10,893.00 |
S/. 7,294.00 |
S/. 8,884.00 |
| stocks |
S/. 36,597.00 |
S/. 58,303.00 |
S/. 81,005.00 |
S/. 106,994.00 |
S/. 89,120.00 |
| Fixed Assets |
S/. 9,405.00 |
S/. 11,074.00 |
S/. 10,991.00 |
S/. 13,536.00 |
S/. 9,758.00 |
| Total Liabilities |
S/. 73,155.00 |
S/. 92,113.00 |
S/. 102,630.00 |
S/. 296,590.00 |
S/. 310,992.00 |
| Debt financing |
S/. 22,032.00 |
S/. 7,019.00 |
S/. 12,300.00 |
S/. 147,878.00 |
S/. 157,237.00 |
| Heritage |
S/. 37,873.00 |
S/. 44,424.00 |
S/. 55,199.00 |
S/. 226,492.00 |
S/. 215,331.00 |
| Operating Result / Sales |
6.94% |
6.18% |
6.01% |
4.22% |
4.47% |
| Net Income / Sales |
4.35% |
4.23% |
4.27% |
3.32% |
1.41% |
| Debugging Flow / Assets Prom. |
31.57% |
35.31% |
31.47% |
9.15% |
5.82% |
| return on Equity |
38.00% |
39.82% |
40.73% |
12.26% |
3.26% |
|
|
|
|
|
|
| Current liquidity |
1.38 |
1.33 |
1.29 |
0.98 |
0.91 |
| Acid liquidity |
0.87 |
0.68 |
0.48 |
0.26 |
0.39 |
|
|
|
|
|
|
| debt heritage |
1.93 |
2.07 |
1.86 |
1.31 |
1.44 |
| Financial Debt / Equity |
0.58 |
0.16 |
0.22 |
0.65 |
0.73 |
|
|
|
|
|
|
| % Short Term Debt |
99.52% |
99.79% |
99.82% |
51.01% |
58.54% |
| Financial Debt / Debug Flow |
0.98 |
0.24 |
0.35 |
5.10 |
5.25 |
|
|
|
|
|
|
| Historical Index Coverage |
4.54 |
4.00 |
6.77 |
11.00 |
9.32 |