Aegisplc Essay Example | Topics and Well Written Essays - 1000 words - 1

Aegisplc - Essay Example The common stocks of the company are traded in the London Stock Exchange under the symbol CEY and it is also traded in the Toronto Stock Exchange under the symbol CET. The value of CEY common stocks as of February 22, 2013 is $54 (Yahoo, 2013). The company has offices in London, Egypt, and Australia. The majority of the firm’s employees are located in Egypt. The total revenue of Centamin Plc in fiscal year 2011 was $340.4 million (Annual Report: Centamin, 2011). The firm’s revenues increase by 183% in comparison with the previous year. In 2011 the net income of Centamin Plc was $177.79 million. The profitability of the company is outstanding. The firm’s gross profit in 2011 58.8%, while its net margin was 52.27%. The net margin is a measure of the absolute profitability of a company. The firm’s earnings per share (EPS) in 2011 was $16.68. EPS is a financial metric that tends to have an effect on the market price per share (Garrison & Noreen, 2003). A high EPS ratio is a desirable outcome. The total assets and total equity of the company as of December 31, 2011 were $834.52 million and $806.22 million respectively. The return on assets of the company in 2011 was 21.33%, while its return on equity metric was 22.08%. Both financial metrics are outstanding illustrating that the company is generating good revenues in rel ation to both its assets and equity. The current ratio of the company is 10.34. Current ratio is a solvency ratio that measures the ability of a company to pay off its current obligations. The formula to calculate current ratio is current assets divided by current liabilities. The company’s current ratio is outstanding considering the fact that a current ratio is good if is above the 1.0 threshold. Another solvency ratio is working capital. Working capital shows the ability of a company to pay its current liabilities solely with its current assets. The working capital of the firm in 2011 was