Searle Pakistan Limited (SPL) was incorporated in 1965 in Pakistan as a private limited company. It acquired a manufacturing facility in 1966. The company's vision is to improve quality of human life through new research products. Its mission is to provide customers with quality healthcare and consumer products while evolving with changing markets. The document includes ratio analyses of SPL from 2007-2008 compared to industry averages, covering current ratio, quick ratio, accounts receivable turnover, inventory turnover, fixed asset turnover, total asset turnover, debt ratios, coverage ratios, profitability ratios, return on assets, return on equity, DuPont analysis, and Z-score model.

1. Group Members Arshad Mahmood Irfan Afzal Muhammad Faisal Ashraf

6. Current Ratio 2007 2008 Ind Avg. Current Ratio 1.69 1.77 3.24

7. Quick Ratio 2007 2008 Ind Avg. Quick Ratio 1.24 1.35 1.84

11. Asset Management Inventory turnover in days 2007 2008 Ind Avg. 65 66 134

20. Return on Assets 2007 2008 Ind Avg. ROA 0.91 0.91 1.29

21. Return on Equity 2008 Ind Avg. ROE 0.16 0.14

22. DuPont Analysis 2006 2007 2008 net income/sales 0.03 0.03 0.07 sales/assets 1.02 0.91 0.91 assets/shareholder's equity 3.71 3.28 2.67 ROE 0.12 0.09 0.16