Torstar Corporation PDF

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Summary

Torstar Corp...

Description

Torstar Corporation https://www.torstar.com/company Torstar is a Canadian progressive media outlet. In North America, when I come to the delivery of newspaper in a metropolitan area, Torstar is a giant corporation. It is listed on the Toronto Stock Exchange and as of today it is trading at 0.75 CAD. Torstar has grown into a diverse media company where it has now included book publish and digital business into their portfolio which they are reaping the benefits of. Torstar has acquired a few companies in order to expand their ever-growing reach. Some of their acquisition include, The Hamilton Spectator, Waterloo Region Record, St. Catharines Standard, Niagara Falls Review, Welland Tribune, Peterborough Examiner and the Chinese-language newspaper Sing Tao Daily. Thestar.com owned by the Torstar Corporation is one of the most-visited newspaper, in terms of traffic generated to the website, in Canada.

Date of Audited Financial Statements: February 25, 2020 Kwaku Asare, 215587751, ADMS 2500, Summer 19/20

Answer

Ratio

Generic Formula

1) 0.51

Equity ratio

Equity Ratio = Shareholders' Equity / Total Assets

2) 132,313.54

Working Capital Turnover

Working Capital Turnover = Revenue / Working Capital

3) 3.62

Current ratio

Current Ratio =

Define details for your assigned company Shareholders Equity = Share capital (note 21) 403,630,000; Contributed surplus 22,336,000; Accumulated deficit 241,225; Other components of equity (note 23) 1,202,000

Working Capital = Assets/ current liabilities

Current Assets / Current Liabilities 4) 1.66

Quick ratio

Quick Ratio = Quick Assets / Current Liabilities

5) 0.41

Inventory turnover

Inventory Turnover = Cost of Sales / Average Inventory

6) -46.38

Interest Coverage

Interest Coverage = Operating Income / Annual Interest Expense

7) 92.15

Average Collection Period

Average Collection Period = (Trade Accounts Receivable / Revenues) * 365

8) -0.16

Return on Assets

Return on Assets = Operating Income / Total Average Assets

9) -0.10

Return on Sales

Return on Sales = Net Income / Net Sales or Revenue

Quick Assets = Cash and cash equivalents $42,177,000, Receivables (note 16) 120,924,000, Inventories (note 7) 2,709,000, Cost of Sales= (Beginning Inventory + Purchases – ending inventory) + Employee salary Operating loss in this period

Operating loss in this period

10) -0.03

Dividend Payout Ratio

Dividend Payout Ratio = Common Dividends per Share / Earnings per Share...