| Indicators |
Calculation content |
Quantitative influence of the factor |
| First level of analysis detail |
| 1. Financial leverage [ ∆Re(Lr) ] |
-0.0099 * 0.0449 = |
-0.0004 |
| 2. Return on assets [ ∆Re(Ra) ] |
0.0096 * 1.3098 = |
0.0126 |
| General change Return on equity |
0.0715 – 0.0593 = |
0.0122 |
| Second level of analysis detail |
| 1. Financial leverage [ ∆Re(Lr) ] |
-0.0099 * 1.0160 * 0.0442 = |
-0.0004 |
| 2. Asset turnover [ ∆Re(Ta) ] |
0.02458 * 1.3098 * 0.0442 = |
0.0014 |
| 3. Return on sales [ ∆Re(Rs) ] |
0.0082 * 1.3098 * 1.0405 = |
0.0112 |
| General change Return on equity |
0.0715 – 0.0593 = |
0.0122 |
| Third level of analysis detail |
| 1. Financial leverage [ ∆Re(Lr) ] |
-0.0099 * 1.0160 * 0.9558 * 0.0463 = |
-0.0004 |
| 2. Asset turnover [ ∆Re(Ta) ] |
0.02458 * 1.3098 * 0.9558 * 0.0463 = |
0.0014 |
| 3. Costs per monetary unit of sales [∆Re(Cs)] |
-0.0082 * 1.3098 * 1.0405 * 0.0463 = |
-0.0005 |
| 4. Return on costs [ ∆Re(Rc) ] |
0.0091 * 1.3098 * 1.0405 * 0.9476 = |
0.0117 |
| General change Return on equity |
0.0715 – 0.0593 = |
0.0122 |
