OUTDOOR SPORTS,

INC.
Financial Ratio
Analysis

2013 2014 2015

Profitability Ratios
Gross Profit Margin 42.03% 41.02% 32.55%
Operating Profit Margin 11.79% 1.45% -1.73%
Net Profit Margin 3.93% -0.73% -3.87%
Return on Assets 6.43% -1.88% -10.61%
Return on Equity 19.46% -7.56% -102.35%

Asset Utilization Ratios

Receivables Turnover 7.45 12.58 17.71
Average Collection Period 48.34 28.61 20.33
Inventory Turnover 8.89 5.92 5.12
Fixed Asset Turnover 3.80 7.98 9.45
Total Asset Turnover 1.64 2.58 2.74

Liquidity Ratios
Current Ratio 1.93 1.72 1.39
Quick Ratio 1.31 0.61 0.34

Debt Utilization Ratios

Debt Ratio 66.96% 75.14% 89.63%
Times Interest Earned 4.15 0.67 (0.81)

Du Pont Equation
Net Margin 3.93% -0.73% -3.87%
Total Asset Turnover 1.64 2.58 2.74
Return on Assets 6.43% -1.88% -10.61%

1 - Debt Ratio 33.04% 24.86% 10.37%

Return on Equity 19.46% -7.56% -102.35%