showing the working

← Galaxy Payroll Group

The business behind the dividend

MeasureGLXGMedianFormula
Return on equity-101.7%10.6%Net income ÷ shareholders’ equity
Return on capital employedOperating income ÷ (equity + total debt)
Owner earnings$-3.51m$120.90mNet income + depreciation & amortisation − capital expenditure
Free cash flow$-3.54m$155.08mOperating cash flow − capital expenditure
Operating margin-101.2%14.3%Operating income ÷ revenue
Net margin-100.5%10.1%Net income ÷ revenue
Debt to equityTotal debt ÷ shareholders’ equity
Interest coverOperating income ÷ interest expense
Current ratio3.21x1.55xCurrent assets ÷ current liabilities
Long-term debt to working capitalLong-term debt ÷ (current assets − current liabilities)
Cash conversionOperating cash flow ÷ net income
Accruals0.4%-3.1%(Net income − operating cash flow) ÷ total assets

Not computed here: Cash conversion, Debt to equity, Long-term debt to working capital, Return on capital employed — why a blank is not a zero.