What are some key financial ratios for different industries?
Key financial ratios vary by industry, but some common ones include the current ratio, debt-to-equity ratio, and return on equity.
Can you explain the current ratio and its importance?
The current ratio measures a company's ability to pay short-term obligations. It's calculated by dividing current assets by current liabilities.
How does the debt-to-equity ratio differ in tech vs. manufacturing?
In tech, a lower debt-to-equity ratio is common due to less reliance on debt, while manufacturing often has higher ratios due to capital-intensive operations.
What financial ratios should I focus on if I'm investing in retail?
For retail, focus on the gross margin, inventory turnover, and return on assets to assess efficiency and profitability.
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