Gaylord Commercial Company Limited Annual Reports, Balance Sheet and Financials

Gaylord Commercial Company Limited Balance Sheet (Rs In LAKHS)

Gaylord Commercial Company Limited Profit& Loss Statement (Rs in Lakhs)

Gaylord Commercial Company Limited Consolidated Cash Flow Statement (Rs In LAKHS)

Certainly, here is a summary of the Cash Flow Statement for the years 2020 and 2019:

CASH FLOW FROM OPERATING ACTIVITIES:

1. Profit Before Tax: The operating activities section starts with the profit before tax for each year, indicating the company 's earnings before considering taxes.

2. Adjustments for Non-cash Items:

   Depreciation and Amortization Expenses: The amount spent on the depreciation and amortization of assets is added back to reflect the non-cash nature of these expenses.

   Impairment Allowances: There were no impairment allowances in 2020, whereas in 2019, 22.87 rupees were added back.

   Bad Debts: A significant amount of 120.65 rupees related to bad debts is added back for the year 200.

3. Finance Costs: The total finance costs, including interest expenses, amounted to 562.69 rupees in 2020 and 2,291.57 rupees in 2019.

4. Provision for Standard Assets: No provision for standard assets is mentioned for 2020, but 23.88 rupees were added back in 2019.

5. Operating Profit before Working Capital Changes: After making the adjustments, the operating profit before working capital changes is calculated.

6. Working Capital Changes:

   Loans and Advances: There was a substantial increase of 12,930.34 rupees in loans and advances and other assets in 2020, compared to 9,724.44 rupees in 2019.

   Trade and Other Payables: A minor increase in trade and other payables is noted for both years.

   Liabilities/Provisions: There was an increase in liabilities/provisions, amounting to 107.85 rupees in 2020 and 149.81 rupees in 2019.

7. Cash Generated from Operations: The net cash generated from operating activities is calculated after accounting for working capital changes.

8.Less: Direct Taxes Paid (Net): The net amount of direct taxes paid is deducted from the cash generated from operations.

9. Net Cash Flow from Operating Activities: The final figure for net cash flow from operating activities is derived, indicating the cash generated or used in the company 's core operations.

CASH FLOW FROM INVESTING ACTIVITIES:

1. Investments in Assets: No specific information is provided for investments in property, plant, equipment, intangible assets, or capital work in progress in either year.

2. Interest Received on Fixed Deposits: Interest received on fixed deposits is mentioned as 12.86 rupees in 2020.

3. Net Cash Flow from Investing Activities: The net cash flow from investing activities is calculated, reflecting the company 's cash movements related to investments.

CASH FLOW FROM FINANCING ACTIVITIES:

1. Short-term Borrowings: The company had net proceeds of 13,088.60 rupees in 2020 and 8,684.62 rupees in 2019 from short-term borrowings.

2. Interest and Borrowing Costs: The total interest and other borrowing costs paid amounted to 562.69 rupees in 2020 and 2,291.57 rupees in 2019.

3. Net Cash Flow from Financing Activities: The net cash flow from financing activities is calculated, indicating the cash movements related to financing.

CASH AND CASH EQUIVALENTS:

1. Beginning and Ending Cash Balances: The cash and cash equivalents at the beginning and end of each year are provided, showing the change in the company 's liquidity position.

In summary, the Cash Flow Statement provides a comprehensive view of the company 's cash movements, covering operating, investing, and financing activities, as well as changes in cash and cash equivalents over the specified years.

Below are the Financial Ratios

Certainly! Let 's break down the financial particulars for the year 2019 point-wise:

1. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):

   - The EBITDA margin is calculated at 68.35%, indicating that the company 's operating profitability, before accounting for non-operating expenses and taxes, is quite healthy. A high EBITDA margin is generally favorable, as it suggests efficient cost management.

2. Networth:

   - The net worth of the company is reported at 0.04%. Net worth is a measure of the company 's total assets minus its total liabilities. In this case, the net worth as a percentage of total assets is relatively low, which may suggest a thin equity base compared to the total assets.

3. Debt/Equity Ratio:

   - The debt/equity ratio is relatively high at 82.58. This indicates that the company has a significant amount of debt compared to its equity. A high debt/equity ratio can signify higher financial risk, as the company relies heavily on debt financing.

4. Return on Equity (ROE):

   - The return on equity is reported at 0.04%, which is quite low. ROE is a measure of a company 's profitability relative to shareholders ' equity. A low ROE could indicate inefficiency in utilizing equity capital to generate profits.

5. Total Assets:

   - Total assets have a proportion of 69.91% compared to the company 's financial structure. This percentage indicates the extent to which the assets contribute to the overall capital structure. A higher percentage suggests a more asset-intensive structure.

6. Fixed Assets:

   - The percentage change in fixed assets is reported as -5.08%. A negative percentage in fixed assets might indicate a decrease in long-term tangible assets during the period.

7. Current Assets:

   - Current assets make up 72.99% of the total assets. A high percentage of current assets suggests a significant portion of the company 's resources are in the form of short-term assets, which can contribute to liquidity

8. Current Liabilities:

   - Current liabilities are reported at -69.32%. This negative value suggests that the company 's current liabilities are significantly less than its current assets, potentially contributing to a strong current financial position.

9. Current Ratio:

   - The current ratio is calculated at 5.53, indicating a robust liquidity position. This ratio compares a company 's current assets to its current liabilities, and a ratio above 1 suggests the company has more assets than liabilities in the short term.