Presentation about the financial situation of recticel based on some ratios.

1. RECTICEL
Matthias De Mey
2AF 01
Presentation

2. CONTENT
 Introduction
 Ratios
Current ratio
Quick ratio
EBITDA
Profit margin
 Conclusion

3. INTRO
Location: Wetteren
Chemical sector
Products:
 Beddings
 Flexible foams
 Isolation

4. CURRENT RATIO
 Current ratio > 1
 Calculation:
 Result: positive  liquid company

5. CURRENT RATIO
1.75
1.5
1.25
1
Recticel
Tessenderlo
0.75
0.5
0.25
0
2009
2010
Year
2011
2012

6. QUICK RATIO
 Quick ratio > 1
 Calculation:
 Result: negative  not liquid (In theory)

7. QUICK RATIO
1
0.75
0.5
Recticel
Tessenderlo
0.25
0
2009
2010
2011
Year
2012

8. EBITDA
 EBITDA= Earnings before interests, taxes, depreciation and
amorization.
In million euro
150
130
110
90
70
50
30
2009
2010
2011
Year
2012

9. NET PROFIT MARGIN
 Most interesting ratio
Recticel
Tessenderlo
Solvay
Ter beke
1,33%
-10,89
4,20%
1,91
6
4
2
0
-2
-4
-6
-8
-10
-12
Recticel
tessenderlo
solvay
ter beke

10. CONCLUSION
 Stable company
 Better options

11. THANK YOU !

12. SOURCES
 http://www.vfb.be/Vfb/Media/Default/images/Tessenderlo%2
012_2012.pdf
 http://www.vfb.be/Vfb/Media/Default/images/Recticel%201
2_2012.pdf
 http://www.recticel.be/index.php/investor relations/financials/balance -sheet
 http://nl.wikipedia.org/wiki/Winstmarge
 http://markets.ft.com/research/Markets/Tearsheets/Financia
ls?s=REC:BRU