Ratio Analysis - A Step by Step Guide - using Excel

[@NirajKumar-zh4ym]

Great series

[@omgohil346]

what a contant!!! keep learning sir

[@FinShiksha]

Thanks a ton

[@waywardskb]

The company under discussion is a specialized business and a psu. Psu are not in business of making profit but building nation.

[@pravinagarwal8147]

Numerator of ROCE should be NOPAT naa? EBIT(1-T)?

[@FinShiksha]

Not necessary. In any case 1-t is a constant, so would not matter when comparing. Ideally should use EBIT, but even if you use something else like (PAT + Interest) or EBIT (1-t), that is fine.