Admiral Group PLC
Ratios
GBP
31.12.201331.12.201431.12.201531.12.201631.12.201731.12.2018
Profitability
ROA6%5%5%3%4%4%
ROC (Oper. Income/Debt+Equity)71%45%44%36%47%40%
ROTC (NI+Interest/Total Capital)71%46%46%37%49%42%
ROE (Return on Equity)55%49%47%38%51%51%
Margin Analysis
Gross Margin
SG&A Margin14%14%13%31%22%17%
EBITDA Margin
EBIT (Oper. Income) Margin
Income before XO Margin31%32%32%21%29%31%
Net Income Margin31%32%33%22%30%31%
Free Cash Flow Margin24%15%28%38%26%13%
Turnover
Total Asset Turnover0.2x0.2x0.2x0.2x0.1x0.1x
Fixed Asset Turnover74.6x27.4x25.9x31.8x36.1x45.0x
Accounts Receivable Turnover1x1x1x1x0x0x
Inventory Turnover (COGS)
Accounts Payable Turnover (COGS)
Short Term Liquidity
Current Ratio2.9x3.3x3.3x3.2x3.1x2.9x
Quick Ratio2.9x3.3x3.3x3.2x3.1x2.9x
Cash from Ops. To Curr Liab0.2x0.2x0.3x0.3x0.2x0.1x
Avg. Days Receivable Out.500d521d570d689d760d794d
Avg. Days Inventory Out.
Avg. Days Payable Out.
Avg. Cash Conversion Cycle
Long Term Solvency
Total Debt/Equity35%36%39%34%58%
Total Debt/Capital26%26%28%26%37%
LT Debt/Equity34%32%34%30%33%
LT Debt/Capital20%19%20%19%20%
Total Liabilities/Total Assets21%21%21%22%23%24%
Interest Coverage (EBIT/I)
EBITDA / Interest Exp.
(EBITDA-CAPEX) / Interest Exp.(11x)(4x)(3x)(2x)(2x)
Total Debt/EBITDA
Net Debt/EBITDA
Capex & Depreciation
Depreciation Expenses121214232428
Capital Expenditures(10)(51)(48)(32)(23)(24)
growth, % yoy(7%)401%(6%)(34%)(28%)5%
Asset Reinvestment Ratio0.8x4.3x3.3x1.4x1.0x0.9x
CAPEX/Sales1%6%5%3%2%2%
CAPEX/Total Assets0%1%1%1%0%0%