PetIQ Inc
Ratios
USD
31.12.201531.12.201631.12.201731.12.2018
Profitability
ROA(2%)(4%)(3%)(0%)
ROC (Oper. Income/Debt+Equity)3%(1%)11%2%
ROTC (NI+Interest/Total Capital)7%4%12%4%
ROE (Return on Equity)(3%)(8%)(3%)(0%)
Margin Analysis
Gross Margin19%16%19%16%
SG&A Margin18%16%14%14%
EBITDA Margin3%2%6%4%
EBIT (Oper. Income) Margin1%(0%)5%2%
Income before XO Margin(1%)(2%)3%
Net Income Margin(1%)(2%)(1%)(0%)
Free Cash Flow Margin(4%)(2%)1%(4%)
Turnover
Total Asset Turnover2.2x2.5x1.9x1.1x
Fixed Asset Turnover15.9x15.4x17.8x19.3x
Accounts Receivable Turnover
Inventory Turnover (COGS)5x5x5x5x
Accounts Payable Turnover (COGS)18x18x15x8x
Short Term Liquidity
Current Ratio5.4x4.3x6.0x3.2x
Quick Ratio0.3x0.1x2.1x1.0x
Cash from Ops. To Curr Liab(0.6x)(0.1x)0.3x(0.2x)
Avg. Days Receivable Out.
Avg. Days Inventory Out.74d75d75d76d
Avg. Days Payable Out.20d20d24d45d
Avg. Cash Conversion Cycle
Long Term Solvency
Total Debt/Equity70%68%17%35%
Total Debt/Capital41%41%15%26%
LT Debt/Equity70%62%17%34%
LT Debt/Capital29%28%13%20%
Total Liabilities/Total Assets50%50%26%35%
Interest Coverage (EBIT/I)1x(0x)9x
EBITDA / Interest Exp.2x1x11x3x
(EBITDA-CAPEX) / Interest Exp.1x8x2x
Total Debt/EBITDA6.2x7.4x1.1x5.5x
Net Debt/EBITDA5.6x7.2x(1.2x)2.3x
Capex & Depreciation
Depreciation Expenses34412
Capital Expenditures(2)(2)(4)(7)
growth, % yoy32%102%74%
Asset Reinvestment Ratio0.5x0.5x1.1x0.6x
CAPEX/Sales1%1%2%1%
CAPEX/Total Assets2%3%3%1%