The ratio analysis of black sea somewhat gives a precise account of the financial position and performance of BlackSea. The different ratios look at different aspects of the business. Moreover, two years ratios were compared and analyzed above. This means that stock holders as well as the directors have a better understanding of the performance and progress of the business compared to the industry’s and its previous year’s performance.
We can see that the operating profit margin and the gross profit margin decreased even though the company increased its net income by 47m dollars. Therefore it is advised to look at the whole scenario and all data rather than the ratios alone. BlackSea’s performance can be matched with the industry’s performance and thus an approximate prediction can be made.
The managers can make ample use of the ratio analysis. For example BlackSea’s managers can see that the liquidity of the business increased by looking at the liquidity ratios and thus they would not want to take short term or long term loans.
Other aspects should also be kept into mind. The ratio analysis only shows the financial aspects of a business. It does not show other aspects like heavy amounts spent in research and development of technology.
黑海的比率分析点对财务状况和经营业绩的黑海准确的描述。不同比例的不同业务方面看。此外，两年以上的比率进行了比较和分析。这意味着股东以及董事会有一个更好的了解企业的经营业绩和进步的行业相比，和前一年的业绩。
我们可以看到，运营利润率和利润率下降，尽管该公司增加4700万美元的净收入。因此，建议看看整个场景和所有数据而不是单独的比率。黑海的性能可与企业绩效的配合，因此一个近似的预测可以。
管理者可以充分的利用比率分析。例如黑海的经理们看到了业务的流动性增加的流动性比率，因此他们不想长期或短期贷款。
其它方面也应顾及。比率分析只能说明企业的财务方面。它并没有显示出像大量花在技术研究与开发等方面。
