Solvency ratios
| Year | UHBVNL | DHBVNL | ||||||
|---|---|---|---|---|---|---|---|---|
| ICR | DER | CDNW | NCANW | ICR | DER | CDNW | NCANW | |
| 2005–06 | −3.17 | 1.76 | 1.41 | 1.02 | 1.5 | 0.93 | 1.54 | 1.31 |
| 2006–07 | −2.18 | 2.26 | 1.49 | 1.22 | −0.92 | 1.32 | 1.18 | 1.37 |
| 2007–08 | −2.77 | 3.14 | 1.09 | 1.49 | −1.45 | 0.17 | 1.21 | 1.91 |
| 2008–09 | −2.23 | 4.93 | 1.07 | 1.75 | −0.48 | 2.52 | 1.63 | 2.25 |
| 2009–10 | −0.69 | 6.32 | 1.34 | 2.17 | −2.1 | 3.27 | 1.85 | 2.32 |
| 2010–11 | 0.82 | 6.33 | 2.63 | 5.2 | −1.1 | 3.83 | 2.22 | 2.59 |
| 2011–12 | −0.86 | 6.9 | 3.23 | 5.37 | −1.88 | 3.80 | 2.98 | 2.46 |
| 2012–13 | −0.37 | 8.77 | 2.39 | 4.45 | −0.45 | 6.16 | 1.75 | 1.89 |
| 2013–14 | 0.09 | 10.49 | 1.95 | 4.34 | −1.11 | 8.18 | 1.97 | 2.28 |
| 2014–15 | −0.06 | 11.72 | 2.25 | 3.4 | 0.33 | 10.39 | 1.62 | 2.29 |
| 2015–16 | 0.77 | 8.39 | 1.87 | 1.99 | 0.73 | 9.31 | 1.73 | 2.34 |
| 2016–17 | 0.84 | 4.43 | 0.46 | 1.1 | 1.01 | 3.61 | 1.76 | 1.63 |
| 2017–18 | 1.24 | 1.17 | 1.14 | 1.02 | 1.17 | 2.65 | 1.57 | 1.63 |
| 2018–19 | 1.21 | 0.33 | 0.55 | 0.55 | 1.18 | 0.56 | 0.63 | 0.73 |
| 2019–20 | 1.36 | 0.27 | 0.23 | 0.43 | 1.32 | 0.42 | 0.24 | 0.55 |
| 2020–21 | 1.93 | 0.34 | 0.19 | 0.49 | 1.75 | 0.43 | 0.37 | 0.54 |
| 2021–22 | 3.00 | 0.38 | 0.25 | 0.50 | 1.58 | 0.43 | 0.38 | 0.57 |
| 2022–23 | 1.62 | 0.43 | 0.32 | 0.53 | 2.96 | 0.51 | 0.44 | 0.60 |
| Mean | 0.10 | 4.15 | 1.27 | 1.98 | 0.21 | 3.12 | 1.35 | 1.57 |
| S.D. | 1.66 | 3.69 | 0.90 | 1.65 | 1.37 | 3.12 | 0.72 | 0.74 |
| Variance | 2.76 | 13.63 | 0.80 | 2.74 | 1.88 | 9.74 | 0.51 | 0.55 |
| CAGR (%) | −1.95 | −14.50 | −11.50 | −8.90 | −0.02 | −5.60 | −8.30 | −7.40 |
| Year | UHBVNL | DHBVNL | ||||||
|---|---|---|---|---|---|---|---|---|
| ICR | DER | CDNW | NCANW | ICR | DER | CDNW | NCANW | |
| 2005–06 | −3.17 | 1.76 | 1.41 | 1.02 | 1.5 | 0.93 | 1.54 | 1.31 |
| 2006–07 | −2.18 | 2.26 | 1.49 | 1.22 | −0.92 | 1.32 | 1.18 | 1.37 |
| 2007–08 | −2.77 | 3.14 | 1.09 | 1.49 | −1.45 | 0.17 | 1.21 | 1.91 |
| 2008–09 | −2.23 | 4.93 | 1.07 | 1.75 | −0.48 | 2.52 | 1.63 | 2.25 |
| 2009–10 | −0.69 | 6.32 | 1.34 | 2.17 | −2.1 | 3.27 | 1.85 | 2.32 |
| 2010–11 | 0.82 | 6.33 | 2.63 | 5.2 | −1.1 | 3.83 | 2.22 | 2.59 |
| 2011–12 | −0.86 | 6.9 | 3.23 | 5.37 | −1.88 | 3.80 | 2.98 | 2.46 |
| 2012–13 | −0.37 | 8.77 | 2.39 | 4.45 | −0.45 | 6.16 | 1.75 | 1.89 |
| 2013–14 | 0.09 | 10.49 | 1.95 | 4.34 | −1.11 | 8.18 | 1.97 | 2.28 |
| 2014–15 | −0.06 | 11.72 | 2.25 | 3.4 | 0.33 | 10.39 | 1.62 | 2.29 |
| 2015–16 | 0.77 | 8.39 | 1.87 | 1.99 | 0.73 | 9.31 | 1.73 | 2.34 |
| 2016–17 | 0.84 | 4.43 | 0.46 | 1.1 | 1.01 | 3.61 | 1.76 | 1.63 |
| 2017–18 | 1.24 | 1.17 | 1.14 | 1.02 | 1.17 | 2.65 | 1.57 | 1.63 |
| 2018–19 | 1.21 | 0.33 | 0.55 | 0.55 | 1.18 | 0.56 | 0.63 | 0.73 |
| 2019–20 | 1.36 | 0.27 | 0.23 | 0.43 | 1.32 | 0.42 | 0.24 | 0.55 |
| 2020–21 | 1.93 | 0.34 | 0.19 | 0.49 | 1.75 | 0.43 | 0.37 | 0.54 |
| 2021–22 | 3.00 | 0.38 | 0.25 | 0.50 | 1.58 | 0.43 | 0.38 | 0.57 |
| 2022–23 | 1.62 | 0.43 | 0.32 | 0.53 | 2.96 | 0.51 | 0.44 | 0.60 |
| Mean | 0.10 | 4.15 | 1.27 | 1.98 | 0.21 | 3.12 | 1.35 | 1.57 |
| S.D. | 1.66 | 3.69 | 0.90 | 1.65 | 1.37 | 3.12 | 0.72 | 0.74 |
| Variance | 2.76 | 13.63 | 0.80 | 2.74 | 1.88 | 9.74 | 0.51 | 0.55 |
| CAGR (%) | −1.95 | −14.50 | −11.50 | −8.90 | −0.02 | −5.60 | −8.30 | −7.40 |
Note(s): ICR – Interest Coverage Ratio, DER – Debt Equity Ratio, CDNW, Current Debt-to-Net-Worth Ratio, NCANW – Non-Current Assets to Net Worth Ratio, S.D. – Standard Deviation, CAGR – Compound Annual Growth Rate
Source(s): Table by authors
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