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Các chỉ số không ổn định từ năm 2010 đến năm 2014

1) Chỉ số CR vẫn chứng tỏ công ty có khả năng thanh toán các khoản nợ ngắn hạn bằng tài sản ngắn hạn, tuy nhiên không ổn định qua các thời kì.

* Năm 2010, chỉ số CR của công ty gần như vừa đủ để >1, do đó khả năng thanh khoản là có, tuy nhiên vẫn nằm ở mức nguy hiểm do quá gần mức tối thiểu do nợ ngăn hạn tăng đột biến từ mục Current portion of long-term debt. Các khoản Current portion of long-term debt tăng cao một cách đột ngột là rất nguy hiểm và sẽ ảnh hưởng lâu dài nếu không có một chiến lược kinh doanh cũng như tầm nhìn xa trong thời điểm kinh tế bắt đầu vào thời kì suy thoái. * Như đã nói, các khoản Current portion of long-term debt giảm nhẹ năm 2011, tăng mạnh vào 2012 và đỉnh điểm là vào năm 2013 và giảm nhẹ vào năm 2014. Tuy nhiên công ty cũng đã cố gắng giữ chỉ số ở 1 mức ổn định cố định, mặc dù mức ổn định của công ty chưa thật sự là an toàn đối với 1 tập đoàn lớn.

2) Chỉ số QR của công ty từ năm 2010 đến 2014 đều <1. Công ty hoàn toàn ko đủ khả năng thanh toán các khoản nợ ngắn hạn bằng các tài sản có thể thanh toán nhanh.

* Năm 2010 đến 2013, giá trị Inventory của công ty có xu hướng liên tục tăng. Đây là tín hiệu đáng báo động do công ty đẩy mạnh sản xuất trong thời kì khó khăn hoặc do mức tiêu thụ giảm mạnh. Tuy nhiên công ty vẫn tiêp tục tồn kho với 1 lượng hàng lớn, ảnh hưởng rất mạnh đến khả năng thanh khoản nhanh của công ty. * Năm 2014 giá trị Inventory có sự giảm nhẹ, tuy nhiên không hẳn từ phía công ty mà do kinh tế đã qua giai đoạn khó khăn, sức mua tăng trở lại, nhưng vẫn ở giá trị lớn trong current asset, gây khó khăn để thanh khoản nhanh khi cần thiết.

3) Chỉ số CAR ở mức xấp xỉ 0.2~0.25, không phải là con số an toàn nhưng cũng tương đối ổn định. Do lường trước được tình hình kinh tế sẽ khó khăn cũng như các khoản Current portion of long-term…...

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