USS Global Annual Reports, Balance Sheet and Financials

USS Global Limited Balance Sheet (Rs In Lakhs)

 USS Global Limited Profit & Loss Statement (Rs In Lakhs)

USS Global Limited Consolidated Cash Flow Statement (Rs In Lakhs)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow from Operating Activities:

2023:

Profit before tax: Rs 945.82

Depreciation: Rs 2935.89

Operating profit before working capital changes: Rs 3881.72

Adjustments:

Increase/decrease in Trade Receivables: -Rs 8981.01

A negative value indicates a decrease in trade receivables, meaning the company collected more cash from its customers than it recognized as revenue during the period.

Increase/decrease in other current assets: -Rs 352.47

Similar to trade receivables, this represents the change in other short-term assets (excluding cash) and is negative, suggesting a decrease in these assets.

Increase/decrease in Long-term loans and advances: Rs 7651.88

This indicates an increase in long-term loans and advances, implying that the company invested more in long-term assets during the period.

Increase/decrease in Trade Payables: Rs 4661.01

A positive value here suggests an increase in trade payables, indicating that the company 's suppliers financed some of its operating activities during the period.

Increase/decrease in other current liabilities: Rs 380.49

This represents the change in other short-term liabilities, and the positive value suggests an increase in these liabilities during the period.

Cash used in operations: -Rs 410.27

The net result after adjustments. In this case, it indicates that the company used cash in its operating activities during the period.

Taxes paid (net): -Rs 278.79

This represents the net amount of taxes paid during the period, and the negative value suggests a cash outflow for taxes.

Net cash used in operating activities: -Rs 689.06

The final result for the operating activities, showing a net cash outflow during the period.

Cash Flow from Investing Activities:

2023:

Purchase of property, Plant and Equipment: -Rs 119.32

Indicates the cash spent on acquiring property, plant, and equipment during the period.

Net cash generated from investing activities: -Rs 119.32

The net result after accounting for investing activities, showing a cash outflow due to the purchase of assets.

Net Increase/Decrease in Cash and Cash Equivalents:

2023:

Net increase/decrease in cash and cash equivalents: -Rs 808.39

The overall change in cash and cash equivalents during the period, considering both operating and investing activities.

Closing balance of cash and cash equivalents: Rs 1403.5

The cash position at the end of the period.

Opening balance of cash and cash equivalents: Rs 2211.89

The cash position at the beginning of the period.

This detailed breakdown provides insights into how the company 's cash position changed during the year 2023, highlighting the sources and uses of cash from operating and investing activities.

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for USS Global Limited for the years 2023 and 2022:

Financial Metrics:

Liquidity Ratios:

1. Current Ratio:

2023: 1.98

2022: 5.6

A current ratio above 1 suggests the company has more current assets than current liabilities. While both ratios are above 1, the 2022 ratio indicates stronger short-term liquidity compared to 2023.

Profitability Ratios:

2. Return on Equity (ROE) Ratio:

2023: 0.01

2022: 0.03

ROE measures the company 's ability to generate profits from shareholders ' equity. A decrease in ROE may indicate a decline in profitability relative to shareholder investment.

3. Net Profit Ratio:

2023: 0.11

2022: 0.73

The net profit ratio indicates the percentage of profit earned concerning total revenue. The significant decrease in 2023 suggests a lower profitability margin compared to 2022.

4. Return on Capital Employed (ROCE):

2023: 0.004

2022: 0.02

ROCE measures the efficiency of capital utilization. Both years show relatively low ROCE, indicating less effective use of capital to generate profits.

5. Return on Investment (ROI):

2023: 0.09

2022: 0.09

ROI measures the return on the overall investment in the company. It remains constant between the two years.

Operational Efficiency Ratios:

6. Trade Receivables Turnover Ratio:

2023: 1.04

2022: Not provided

This ratio assesses how quickly the company collects receivables. A higher turnover is generally favorable, but without the previous year 's data, it 's challenging to make a direct comparison.

7. Trade Payables Turnover Ratio:

2023: 2.01

2022: Not provided

This ratio measures how quickly the company pays its suppliers. A higher turnover may indicate efficient management of payables.

8. Net Capital Turnover Ratio:

2023: 1.69

2022: 1.23

This ratio indicates the efficiency of capital employed in generating sales. The increase from 2022 to 2023 suggests improved capital turnover.