I only need the 3rd Part.
Comparison and assessment of earlier ratios for the used accounting period compared to the previous accounting period. (i.e. the ratio became better of worse and why).
Company was boubyan bank which is listed in Kuwait Stock Exchange. I have attached the financial statement and ratio calculations in an excel sheet.
Need 600 words ratio analysis.
Income Statement
2022
2020
31-Dec
31-Dec
Net Interest Income
167.22
138.89
Interest Income, Bank
283.71
223.06
Total Interest Expense
116.49
84.17
Loan Loss Provision
43.61
57.43
Net Interest Income After Loan Loss Provision
123.62
81.46
Non-Interest Income, Bank
31.96
39.82
Non-Interest Expense, Bank
-101.38
-87.66
Net Income Before Taxes
56.38
33.62
Provision for Income Taxes
2.11
0.07
Net Income After Taxes
54.27
33.55
Minority Interest
30.68
0.87
Equity In Affiliates
–
–
U.S GAAP Adjustment
–
–
Net Income Before Extraordinary Items
57.79
34.42
Total Extraordinary Items
–
–
Net Income
57.79
34.42
Total Adjustments to Net Income
-6.07
-5.19
Income Available to Common Excluding Extraordinary Items
51.72
29.23
Dilution Adjustment
6.07
–
Diluted Net Income
51.72
29.23
Diluted Weighted Average Shares
3866.54
3538.58
Diluted EPS Excluding Extraordinary Items
0.013
0.008
DPS – Common Stock Primary Issue
0.006
–
Diluted Normalized EPS
0.01
0.006
Balance Sheet
2022
2021
31-Dec
31-Dec
Total Current Assets
1153.54
1148.03
Total Assets
7880.76
7351.9
Cash & Due from Banks
729.43
766.01
Other Earning Assets, Total
51.57
51.57
Net Loans
5913.52
5513.07
Property/Plant/Equipment, Total – Net
128.63
108.2
Property/Plant/Equipment, Total – Gross
–
–
Accumulated Depreciation, Total
–
–
Goodwill, Net
–
–
Intangibles, Net
–
–
Long Term Investments
612.68
533.42
Other Long Term Assets, Total
72.39
49.17
Other Assets, Total
315.69
274.82
Total Current Liabilities
6160.41
6013.94
Total Liabilities
6901.06
6601.83
Accounts Payable
5961.73
5618.79
Payable/Accrued
–
26.81
Accrued Expenses
–
11.87
Total Deposits
5961.73
5618.79
Other Bearing Liabilities, Total
198.68
395.15
Total Short Term Borrowings
–
–
Current Port. of LT Debt/Capital Leases
198.68
395.15
Other Current liabilities, Total
–
–
Total Long Term Debt
637.63
485.37
Long Term Debt
637.63
485.37
Capital Lease Obligations
–
–
Deferred Income Tax
–
–
Minority Interest
30.68
36.15
Other Liabilities, Total
-6088.06
-5947.57
Total Equity
979.7
750.07
Redeemable Preferred Stock, Total
–
–
Preferred Stock – Non Redeemable, Net
–
–
Common Stock, Total
373.87
317.97
Additional Paid-In Capital
316.94
156.94
Retained Earnings (Accumulated Deficit)
89.23
75.97
Treasury Stock – Common
-0.054
-0.054
ESOP Debt Guarantee
–
–
Unrealized Gain (Loss)
–
-3.58
Other Equity, Total
199.71
199.24
Total Liabilities & Shareholders’ Equity
7880.76
7351.9
Total Common Shares Outstanding
3738.21
3338.24
Total Preferred Shares Outstanding
–
–
Ratio analysis
Balance Sheet Ratio
Incme Statement Ratio
Liquidity Ratio
Profitability Ratio
2022
2021
2022
2021
Current Ratio
0.187
0.191
Net Profit margin
28.76%
25.80%
Quick Ratio
0.118
0.127
Operating Profit margin
50.25%
53.72%
Return on assets
0.73%
0.79%
Leverage Ratio
Coverage ratio
2022
2021
2022
2021
Long term Debt ratio
0.65
0.65
Interest Coverage ratio
1.22
0.93
Debt to Equity
7.04
8.80
Financial leverage
8.04
9.80
Cash flow ratio
Long Lived assets Ratio
2022
2021
2022
2021
Revenue per share
0.04
0.04
Fixed asset Turnover
0.29
0.31
Cash flow per share
-0.13
-0.13
Price to Sales
16.10
16.10