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Yamaha Motor

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Financial indicators

Financial indicators by fiscal year

  Dec. 2008 Dec. 2009 Dec. 2010 Dec. 2011 Dec. 2012
Return on shareholder's equity Note 1) % 0.4 -71.2 7.5 9.7 2.5
Return on assets Note 2) % 0.2 -20.1 1.9 2.9 0.8
Total assets turnover Note 3) Times 1.33 1.07 1.32 1.36 1.30
Tangible fixed asset turnover Note 4) Times 4.33 3.66 4.92 5.12 4.63
Inventory turnover Note 5) Times 3.81 3.51 4.57 4.68 4.35
Account receivable turnover Note 6) Times 7.57 6.06 7.06 7.66 7.06
Equity Ratio Note 7) % 33.9 21.5 28.0 31.2 32.0
Debt/Equity Ratio Note 8) Times 0.89 1.88 1.18 0.98 1.06
Interest coverage Note 9) Times - 6.7 12.1 5.0 -
Note 1)
Return on shareholder's Equity = Net income / Average net assets (Average shareholder's equity, before fiscal 2005)
Note 2)
Return on assets = Net income / Average total assets
Note 3)
Total assets turnover = Net sales / Average total assets
Note 4)
Tangible fixed asset turnover = Net sales / Average tangible fixed assets
Note 5)
Inventory turnover = Cost of sales / Average inventory
Note 6)
Accounts receivable turnover = Net sales / Average accounts receivable(trade notes and accounts receivable-allowance for doubtful accounts)
Note 7)
Equity ratio = Net assets (Shareholder's equity, before fiscal 2005) / Total assets
Note 8)
Debt/Equity Ratio = Interest-bearing debt/Net assets (Shareholder's equity, before fiscal 2005)
*interest-bearing debt had not included commercial paper for 1993 through 1997.
Note 9)
Interest coverage = (Operating income+interest and dividend income) / (Interest paid+bond interest+discounted sales)