1.

Current assets
Current liabilities
Cash + short term investment + Accounts receivable (net)
Net credit sales
Beginning of accounts receivable
Ending of accounts receivable
Average net accounts receivable
Cost of good sold
Beginning of inventory
Ending of inventory
Average inventory
Net incomes
Net sales
Beginning of total assets
Ending of total assets
Averange total assets
Preferrent stock
Beginning of common stock
Ending of common stock
Dividends
Average common stockholders'equity
Weighted-average common shares outstanding
Total liabilities
Total assets
Interest expense
Income tax expense
Market price per share

DEBT = total liabilities

EQUITY = Total assets - Total Liabilities
b. Leverage ratio
Debt
Equity
 2018 2019 2020
744,872,696,665 841,532,625,962 717,590,458,112
318,535,430,284 548,163,424,871 430,844,581,582
643,441,569,200 723,575,720,800 590,257,076,800
1,421,862,774,450 1,503,561,238,319 1,218,556,328,126
111,864,421,827 126,390,612,629 134,522,947,180
126,390,612,629 134,522,947,180 213,384,888,048
119,127,517,228 130,456,779,905 173,953,917,614
996,395,230,346 1,019,916,536,412 889,301,451,589
104,786,755,587 101,126,743,783 116,077,819,258
101,126,743,783 116,077,819,258 126,216,676,633
102,956,749,685 108,602,281,521 121,147,247,946
425,467,544,104 483,644,701,907 329,254,876,537
1,421,862,774,450 1,503,561,238,319 1,218,556,328,126
1,119,459,918,138 1,254,636,958,847 1,570,448,334,331
1,254,636,958,847 1,570,448,334,331 1,543,102,176,053
1,187,048,438,493 1,412,542,646,589 1,556,775,255,192
0 0 0
819,448,489,455 15,420,782 1,003,877,376,699
917,562,021,032 15,420,782 1,095,722,056,545
109,523,136,818 95,434,359,560 96,616,397,824
868,505,255,244 960,719,698,866 1,049,799,716,622
15,420,782 15,420,782 15,420,782
337,074,937,815 566,570,957,632 447,380,119,508
1,254,636,958,847 1,570,448,334,331 1,543,102,176,053
0 0 5,293,827,950
24,173,300,071 25,583,425,425 27,902,739,030
69,700 58,200 70,100

337,074,937,815 566,570,957,632 447,380,119,508

917,562,021,032 1,003,877,376,699 1,095,722,056,545

36.74 56.44 40.83

 2021 2022
578,230,851,763 694,738,396,887
520,240,164,491 472,466,240,448
494,228,156,300 581,133,475,800
1,091,174,440,134 1,612,663,159,316
213,384,888,048 158,137,919,474
193,286,366,488 193,286,366,488
203,335,627,268 175,712,142,981
770,006,470,567 1,135,991,686,092
126,216,676,633 85,603,515,584
85,603,515,584 112,525,050,240
105,910,096,109 99,064,282,912
321,167,969,567 476,671,473,224
1,091,174,440,134 1,612,663,159,316
1,543,102,176,053 1,639,538,136,486
1,639,538,136,486 1,850,377,772,614
1,591,320,156,270 1,744,957,954,550
0 0
1,095,722,056,545 154,207,820,000
981,464,266,337 187,526,870,000
22,400,282,622 192,916,695,007
1,038,593,161,441 1,172,392,874,085
15,420,782 18,752,687
658,073,870,149 487,056,290,781
1,639,538,136,486 1,850,377,772,614
3,300,924,469 6,328,441,234
7,492,305,494 40,185,227,565
63,100 53,800

658,073,870,149 487,056,290,781
981,464,266,337 1,363,321,481,833

67.05 35.73
1.2

0.8

0.6

0.4

0.2

0
1
1
 DEBT EQUITY RATIO
Debt
Equity
GIÁ TRỊ
NĂM BIBICA HAIHACO
2021 67.05 147.94
2022 35.73 125.31
2023 64.82 192.11